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Listed 8 days ago

216 - 253 Albert Street

, Waterloo

$300,000

Condo Apartment |
2 | 3 | 0 | 0
About this home

Discover premium off-campus living at Ivy Towns, located at 253 Albert Street in the heart of Waterloo's university district. Just a five-minute walk to both Wilfrid Laurier University and the University of Waterloo, this stylish One-bedroom plus Den, two-bathroom condo offers approximately 739 sq. ft. of thoughtfully designed space. The bright, open-concept layout is highlighted by floor-to-ceiling windows that fill the unit with natural light, while modern finishes such as granite countertops, stainless steel appliances, and convenient in-suite laundry create a comfortable and contemporary atmosphere. Residents can also enjoy excellent on-site amenities, including a rooftop patio and garden - perfect for studying, relaxing, or socializing during warmer months. Ideal for students or young professionals seeking a prime location and quality living.

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age6-10
Size700-799 sq. ft.
Maintenance Fees$538
LockerNone
BalconyJuliette
ExposureNorth
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$4,068
mls© NumberX13776606
Listed ByCHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
Common Elements Included
Building Insurance Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,536
Property tax
$339
Heat allowance
$150
Condo fees, half counted
$269
Housing costs
$2,294 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $60,000
25-yr amortization

Income needed

$71,000

gross annual household income

Payment at 4%
$1,262 / mo
Cash down
$60,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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