203 - 250 Albert Street
Waterloo, ON
- 1 bed
- 1 bath
- approx. 0-499 sqft
- Condo Apartment
- 117 days on market
Whether you're a parent investing in your student's future or an investor seeking reliable returns, this stylish condo in Waterloo's University District checks every box. Steps from Wilfrid Laurier and the University of Waterloo, this well-designed unit features in-suite laundry, a modern kitchen with stainless steel appliances, sleek cabinetry, and a bright open-concept layout with large windows. Building amenities include a fitness centre, bike storage, and a rooftop terrace. For parents, stop paying someone else's mortgage - build equity while giving your student a safe, convenient home. For investors, Waterloo's university corridor is one of Ontario's most resilient rental markets with consistent, year-round demand and low vacancy.
Virtual Tour
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Listing Details
- Taxes (2025)
- $2,417
- Listed
- May 17, 2026
Price History
Property
- Style
- 1 Storey/Apt
- Age
- 6-10
- Construction
- Brick, Concrete
- Roof
- Flat
- Foundation
- Concrete
- Interior
- Carpet Free, Intercom
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 0
Utilities
- Heat Source
- Electric
Location & Legal
- Cross Street
- ALBERT AND UNIVERSITY
- Zoning
- rn-12
- Parcel Number
- 236590055
- Possession
- Flexible
- Occupancy
- Tenant
Condo
- Maintenance Fee
- $370/month
- Fee Includes
- Common Elements Included
- Pets
- Yes-with Restrictions
- Locker
- None
- Balcony
- Open
- Amenities
- Bike Storage, Elevator, Exercise Room, Gym, Rooftop Deck/Garden
Included
- Inclusions
- Washer/dryer, fridge, stove, dishwasher. bed, night stand, desk and desk chair, 50" TV, Dining Table + Chair, love seat, media unit
- Rental Items
- None
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
Residential Condo & Other in Waterloo · last 12 months
- Median sold price
- $695,000
- Homes sold
- 1,030
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,030 recorded sales of residential condo & other properties in Waterloo over the last 12 months.
Rooms
4-piece
Main
- Bedroom31'2" x 25'11"
- Kitchen40'8" x 18'8"
- Living Room36'9" x 45'3"
Listed by
ROYAL LEPAGE SIGNATURE CONNECT.CA REALTY
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$57,999
Estimated Monthly Payment
$1,425
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,425/mo (20% down, 5.5%)
Taxes: $201/mo · Insurance: $72/mo
Maint: $370/mo
Estimates only. Consult a financial advisor.
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