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615 - 250 Albert Street

615 - 250 Albert Street

Waterloo, ON

  • 1 bed
  • 1 bath
  • approx. 0-499 sqft
  • Condo Apartment
$269,500

Prime University District Location! Welcome to this bright and inviting 1-bedroom, 1-bathroom condo at Sage Condos, perfectly positioned in the heart of Waterloo's vibrant university community. Just steps from University Avenue and within extremely close proximity to both Wilfrid Laurier University and the University of Waterloo, this location offers exceptional convenience for students, faculty, young professionals, and investors alike. Enjoy easy access to the ION LRT, Conestoga College's Waterloo Campus, restaurants, cafés, shopping, entertainment, and Waterloo's thriving technology hub. The thoughtfully designed unit offers a modern, low-maintenance lifestyle with a bright interior and an efficient layout that makes excellent use of the space. Whether you're looking to add a strong rental property to your portfolio, secure a home for a university student, or make your first real estate investment, this is an opportunity to own in one of Waterloo's most sought-after and consistently in-demand areas. A fantastic location, a desirable building, and an investment opportunity you won't want to miss!

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Listing Details

Taxes (2025)
$2,411
Listed
September 12, 2026

Price History

Listing history

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Property

Style
Apartment
Age
6-10
Construction
Brick, Concrete
Interior
Other

Parking

Garage
None
Covered Spaces
0
Total Parking
0

Utilities

Heat Source
Gas

Location & Legal

Cross Street
University Ave W & Albert St
Zoning
SR2
Parcel Number
236590107
Possession
Flexible
Occupancy
Vacant

Condo

Maintenance Fee
$340/month
Fee Includes
Heat Included, Common Elements Included
Pets
Yes-with Restrictions
Locker
None
Balcony
Open

Included

Inclusions
Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Stove, Washer
Exclusions
Staging Furniture

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
1,035
Median days on market
22
Sale-to-list price
99.8%

Based on 1,035 recorded sales of residential condo & other properties in Waterloo over the last 12 months.

Rooms

4-piece on Main

Main

  • Bathroom6'4" x 7'9"
  • Bedroom9'5" x 7'9"
  • Kitchen13'5" x 5'7"
  • Living Room10'9" x 13'8"

Listed by

Affinity Real Estate

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$53,900

Estimated Monthly Payment

$1,324

Land transfer tax

Estimated land transfer tax$2,518

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: $1,324/mo (20% down, 5.5%)

Taxes: $201/mo · Insurance: $67/mo

Maint: $340/mo

Estimates only. Consult a financial advisor.

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