For Sale

#201 - 338 Albert Street

$530,000
Waterloo, Ontario N2L 3T8 · MLS® X13639450 · Updated 36 mins ago
338 Albert Street 201, Waterloo, ON N2L 3T8
1 / 49 photos
4
Bedrooms
3
Bathrooms
Sq Ft
1
Parking

About This Home

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.

Property Information

Type
Residential Condo & Other
Style
Condo Townhouse
Architectural Style
Stacked Townhouse
Age
New
Exposure
West
Rooms
7
Bedrooms
4
Kitchens
1
Parking
1 total · Surface
Cross Street
University Ave And Albert St
Postal Code
N2L 3T8
Occupancy
Tenant
Possession
Immediate
MLS#
X13639450
Listing Office
BLUE WHALE CAPITAL REALTY INC.

Building Details

Construction
Brick Front
Heating
Forced Air · Gas
Cooling
Central Air
Basement
None
Fireplace
No
Laundry
In-Suite Laundry · Upper Level
Elevator
No

Features & Amenities

Interior
None

Financials & Fees

Annual Property Tax
$5,385.3 (2026)
Condo / HOA Fee
$657.39 / month
Fee Includes
Common Elements Included, Building Insurance Included, Parking Included, Water Included
Amenities
Visitor Parking
Association
WSCC
Locker
None

Inclusions & Exclusions

Inclusions

Large Open Concept Living Area, Dining Room. Breakfast Bar And Kitchen Fully Furnished. S/S Kitchen Appliances, Quartz Countertop, Pot Lights On Entire Main And Master Br . All Elfs, Blinds , Parking Included.

Location

Listing courtesy of:BLUE WHALE CAPITAL REALTY INC.

Source: Toronto Regional Real Estate Board (TRREB), via PropTx Innovations Inc.

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