105&106 - 250 Albert Street

Waterloo, ON

925 sqft
Commercial Retail
96 days on market

$689,900

Prime Retail Space In The Heart Of Waterloo. Extremely Close Proximity To Both Wilfrid Laurier University & The University Of Waterloo. Steps To The University Ave!! Exciting Opportunity To Invest In A Newer Mixed Use Condo Building. Unit Features Include Floor To Ceiling Windows, High Ceilings & Vanilla Shell Direct Street Exposure. Would Suit Many Uses Both Retail And Professional. Two parking spots included. Sold "As-is" because the tenant is still occupying the unit. Unit 105 and 106 are connected and the owners prefer to sell both units together. **EXTRAS** Currently renting to a barbershop until 2029 Feb 29th for 5798.56/m gross rent. The base rent is 38/sqft, TMI is 28.56. Condo fee: 925.25/m

Listing Details

Taxes (2025): $8,328
Originally Listed: $689,000
Listed: June 2, 2026

Price History

Listing history

Property

Age: New

Parking

Garage: Covered

Utilities

Sewer: Sanitary+Storm

Location & Legal

Cross Street: University Ave And King St N.
Zoning: Commercial/Retail
Parcel Number: 236590005
Possession: Flexible
Occupancy: Tenant

Commercial

Business Type: Health & Beauty Related

Included

Inclusions: All existing fixtures
Exclusions: Tenant's belongings/chattels

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

Commercial in Waterloo · last 12 months

Median sold price: $695,000
Homes sold: 1,034
Median days on market: 21
Sale-to-list price: 99.8%

Based on 1,034 recorded sales of commercial properties in Waterloo over the last 12 months.

Listed by

REAL ONE REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Building area: 925 sq ft
Price per sq ft: $745.84
Annual property tax: $8,328
Tax per sq ft: $9.00

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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