| Common Elements Included | |
| Building Insurance Included | |
| Water Included |


















216 - 253 Albert Street
, Waterloo
$300,000
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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| Type | Condo Apartment |
| Style | 1 Storey/Apt |
| Approx. Age | 6-10 |
| Size | 700-799 sq. ft. |
| Maintenance Fees | $538 |
| Locker | None |
| Balcony | Juliette |
| Exposure | North |
| Parking Type | None |
| Parking Spaces | 0 |
| Parking Features | None |
| Property Tax | $4,068 |
| mls© Number | X13776606 |
| Listed By | CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD |
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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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