Unit 201, 338 Albert Street
Waterloo (Downtown Waterloo), ON N2L 3T8
Ivy Towns 32 storeys, 43 suites, built 2018- 4Bedrooms
- 3Bathrooms
- 1Parking
- 1800–1999Sq Ft
- $5,385Tax
- $657/moCondo Fee
Estimated Value:$580,203See Free Estimate Report
Sale & Price History for Unit 201, 338 Albert Street, Waterloo, Downtown Waterloo
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
Real estate boards require you to or to see the full details of this property.
*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About Unit 201, 338 Albert Street, Waterloo, Downtown Waterloo
Summarized Description
- Located in Waterloo's tech corridor.
- High rental income potential over $4,000/month.
- Ideal for parents of university students.
- Turnkey investment with strong cash flow.
- Surrounded by major employers and universities.
- Exceptional rental demand in the area.
- 4 spacious bedrooms for maximum occupancy.
- Additional income from parking available.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,385
- Land Transfer Tax Fee
- $7,075
Condo/Maintenance Fee
- Maintenance Fee
- $657 /month
Included In Maintenance Fee
- Common Elements Included
- Building Insurance Included
- Parking Included
- Water Included
Rental Items
- Rental Equipment
- Hot Water Tank
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- In-Suite Laundry
- Laundry Level
- Upper Level
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- None
Building Amenities
- Visitor Parking
Building
- Building Type
- Condo Townhouse
- Building Style
- Stacked Townhouse
- Approx Age
- New
- Condo Corp Number
- 647
Construction
- Exposure
- West
- Exterior Finish
- Brick Front
- Special Designation
- Unknown
Inclusions
- 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.
Parking & Garages
- Garage Type
- Surface
- Garage Spaces
- 1
- Parking Type
- None
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- None
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 4
- Washrooms
- 3
- Kitchens
- 1
Room sizes
- Bedroom 4—Upper level
- Bedroom 3—Upper level
- Bedroom 2—Upper level
- Dining Room—Main level
- Kitchen3.70 x 3.77Main level
- Living Room—Main level
- Primary Bedroom—Main level, 4 Pc Ensuite
Washrooms
- 3-piece, Main
- 3-piece, Second
- 3-piece, Second
- Area
- Waterloo
- Municipality
- Waterloo
- Neighbourhood
- Downtown Waterloo
- Main cross streets
- University Ave And Albert St
- Directions
- Columbia St/Albert St
- MLS® number
- X13639450
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-08-05
- Updated on
- 2026-08-05
- Days on market
- 73 days
- Possession type
- Immediate
- Co-op commission
- 2%+HST
- Seller
- Listed by
- BLUE WHALE CAPITAL REALTY INC.
Home Market Value
Current home valuation for Unit 201, 338 Albert Street, Waterloo, Downtown Waterloo, Waterloo, ON. Listed for $530,000
HOMEH Estimate
$580,203
Estimated Sales Range
$458,360 - $702,046
HOMEH Estimate for Unit 201, 338 Albert Street, Waterloo, Downtown Waterloo
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
For the owner
Is this your home? Track its value.
Get this home's HOMEH Estimate by email once a month, with how many homes are for sale around you.
Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $30,000 over $500K
$28,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $20,076 | $14,787 | $12,614 | $0 |
=Total mortgage | $521,986 | $491,787 | $463,114 | $424,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,549monthly | $2,401monthly | $2,261monthly | $2,070monthly |
Land Transfer Tax
$7,075
$7,075
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
Ask HOMEH
New!Hi there!
👋Text or call (416) 301-9001
Recommended for you
Based on homes you've looked at.
No recommended properties found.
Nearby similar homes
No nearby properties found.
More real estate resources
Other homes nearby
Explore this area
Nearby neighbourhoods
No nearby listings available.