311 - 250 ALBERT Street
Waterloo, Ontario
1 bath • Single Family
Fantastic investment opportunity in Waterloo's vibrant University District! This modern studio condominium is ideally located just steps from Wilfrid Laurier University, the University of Waterloo, Conestoga College Waterloo Campus, the ION LRT, restaurants, shopping, and Waterloo's renowned technology hub. Purpose-built for today's investor, this low-maintenance suite offers the opportunity to own real estate in one of Ontario's strongest and most resilient rental markets. Professional property management is available, making ownership simple and convenient for both local and out-of-town investors. The thoughtfully designed open-concept layout features contemporary finishes, in-suite laundry, and an efficient use of space. Residents enjoy modern amenities and a location that consistently attracts students, faculty, and young professionals year after year. Whether you're expanding your investment portfolio, purchasing for a university student, or entering the real estate market for the first time, this turnkey condominium offers outstanding value in one of Waterloo's most sought-after locations.
Price History
Schools
Secondary
- Waterloo Collegiate Institute0.5 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
- St David Catholic Secondary School1 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Bluevale Collegiate Institute2.6 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% met the provincial standard
Elementary
- MacGregor Public School0.8 km
Public · Waterloo Region DSB · 510 students
- Winston Churchill Public School1.2 km
Public · Waterloo Region DSB · 320 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 56% met the provincial standard
- Our Lady of Lourdes Catholic Elementary School1.8 km
Catholic · Waterloo CDSB · 385 students
Grade 3 reading: 71% met the provincial standard · Grade 6 math: 45% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2L
- Population
- 37,953
- Private dwellings
- 19,681
- Median age
- 29.8
- Average household size
- 2.2
- Median household income
- $69,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Waterloo · last 12 months
- Median sold price
- $695,000
- Homes sold
- 1,031
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,031 recorded sales of single family properties in Waterloo over the last 12 months.
Location
Mortgage Calculator
$51,960
Estimated Monthly Payment
$1,276
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,276/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $65/mo
Estimates only. Consult a financial advisor.
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