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For saleMLS® X13639450

338 Albert Street 201, Waterloo, ON N2L 3T8

$530,000

+ $657/mo maintenance$294 / sq ft

3 months on market

Bedrooms
4
Bathrooms
3
Interior
1,800 sf
Parking
1
Age
New years

What's special

  • Surface garage
  • West exposure
  • Central air
  • Pets with restrictions
  • Common elements, Building insurance, Parking included
  • Newly built
  • Visitor parking

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About this property

High Rental Return! Invest in one of Canada's leading technology hubs! Ideally located in the heart of Waterloo's thriving tech corridor, this property is surrounded by major employers including Agfa, Sandvine, Sybase, the Canadian Innovation Centre, Manulife, and Sun Life headquarters. Just a short walk to the University of Waterloo, Wilfrid Laurier University, and Conestoga College, this corner-unit townhome offers exceptional rental demand and income potential. Featuring 4 spacious bedrooms, the property can generate over $4,000/month in rental income, plus approximately $150/month from parking. An ideal option for parents with students attending nearby universities-occupy one bedroom for your own child while renting out the remaining rooms, with current market rents averaging around $800 per room. A turnkey investment opportunity in a high-demand location with strong cash flow and long-term growth potential.

Rooms

7 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
KitchenMain4.69 × 2.25 m15.4 × 7.4 ft—
Living RoomMain4.69 × 3.29 m15.4 × 10.8 ft—
Dining RoomMain4.69 × 2.74 m15.4 × 9.0 ft—
Primary BedroomMain2.74 × 3.00 m9.0 × 9.8 ft4 Pc Ensuite
Bedroom 2Upper3.77 × 2.80 m12.4 × 9.2 ft—
Bedroom 3Upper3.70 × 3.77 m12.1 × 12.4 ft—
Bedroom 4Upper5.21 × 3.03 m17.1 × 9.9 ft—

Features

  • None

Building amenities

  • Visitor Parking

Property details

Property

Property type
condo townhouse
Bedrooms
4
Bathrooms
3
Interior size
1,800 sq ft
Year built
New
Possession
Immediate

Interior

Heating
Forced Air · Gas
Cooling
Central Air
Exposure
West

Exterior & services

Construction
Brick Front
Garage
Surface
Parking spaces
1

Condominium

Corporation
647 WSCC
Property manager
Wilson Blanchard
Pets
Yes-with Restrictions
Fee includes
Common Elements Included, Building Insurance Included, Parking Included, Water Included

Costs

List price
$530,000
Property taxes
$5,385 / year (2026)
Maintenance fee
$657 / month
Price per sq ft
$294
Rental items
Hot Water Tank

Listing

MLS® number
X13639450
Status
For sale
Listed
August 5, 2026
Days on market
92
Last updated
August 5, 2026
Listing brokerage
BLUE WHALE CAPITAL REALTY INC.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 68% of comparable condo townhouse listings in Waterloo are asking less.

$359KMedian $492K$649K
This home
$294 / sq ft
Comparable median
$429 / sq ft

Based on 56 comparable active condo townhouse listings in Waterloo. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.3% · minimum $28,000
$28,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,775.64
Property tax (est.)
$448.78
Maintenance fee
$657.39
Estimated monthly
$3,882

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$7,075
Total due on closing
$7,075

An estimate on the asking price of $530,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of BLUE WHALE CAPITAL REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$530,000

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