Unit 204, 392 Albert Street
Waterloo, ON N2L 3V1
392 Albert Condos4 storeys, 16 suites, built 2015- 5Bedrooms
- 2Bathrooms
- 1Parking
- 1400–1599Sq Ft
- $4,034Tax
- $841/moCondo Fee
Estimated Value:$441,410See Free Estimate Report
Property not available for sale or for rent.
HOMEH One: full-service selling for a 1% listing fee. The buyer's agent commission is separate.
Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 204, 392 Albert Street, Waterloo
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-07-15 | 2025-08-19 | Login to See Prices | Sold | x12284758 |
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 204, 392 Albert Street, Waterloo
SOLD FIRM. Positive Cash Flow opportunity in the heart of Waterloo! This fully leased 5-bedroom, 2-bathroom condo unit at 392 Albert Street, Unit 204 offers a rare opportunity to own a high-performing rental property just minutes from the University of Waterloo and Wilfrid Laurier University. Currently rented, this property generates a strong annual income of $48,000.Inside, the unit features a modern kitchen complete with maple cabinetry, a double sink, and included appliances: fridge, stove, and dishwasher. The open-concept living and dining area is spacious and bright, enhanced by a Juliette balcony with west-facing exposure that brings in plenty of natural light.Each of the five bedrooms is generously sized and comes fully furnished with a bed, desk, and chest of drawers, making this a truly turnkey investment. The unit includes two full bathroomsone 3-piece and one 4-pieceoffering convenience for shared living.Additional highlights include durable vinyl plank flooring throughout (completely carpet-free), hydronic hot water heating, a sprinkler system, intercom access, and deadbolts on all bedroom doors for added safety and privacy.This low-maintenance condo is ideally suited for turn key income and offers excellent long-term rental potential in one of the perennially best rental markets in Canada.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,034
- Land Transfer Tax Fee
- $7,473
Condo/Maintenance Fee
- Maintenance Fee
- $841 /month
Included In Maintenance Fee
- Water Included
- Building Insurance Included
- Parking Included
Rental Items
- Rental Equipment
- None
- Under Contract
- None
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Coin Operated, Laundry Room, Outside
- Interior Extras
- Carpet Free
- Fireplace/Stove
- No
- Elevator
- Yes
Exterior Features
- Balcony
- Juliette
- Accessibility Features
- Elevator, Level Within Dwelling, Hard/Low Nap Floors, Level Entrance
Building
- Building Type
- Condo Apartment
- Building Style
- 1 Storey/Apt
- Approx Age
- 11-15
- Condo Corp Number
- 584
Construction
- Exposure
- East
- Exterior Finish
- Brick, Concrete
- Foundation Details
- Concrete
- Special Designation
- Unknown
Inclusions
- Inclusions
- 1 fridge, 1 stove, 1 dishwasher
Exclusions
- Exclusions
- Tenants' Possessions
Parking & Garages
- Garage Type
- Underground
- Garage Spaces
- 1
- Parking Type
- Owned
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- None
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Fan Coil
- Air Conditioning
- Central Air
- Bedrooms
- 5
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Bathroom—Main level
- Bathroom—Main level
- Bedroom 2—Main level
- Bedroom 3—Main level
- Bedroom 4—Main level
- Dining Room—Main level
- Living Room—Main level
- Kitchen—Main level
- Primary Bedroom—Main level
- Bedroom 5—Main level
Washrooms
- 3-piece, Main
- 4-piece, Main
- Municipality
- Waterloo
- Main cross streets
- Albert Street and Cardill Crescent
- Zoning
- R9
- Directions
- Corner of Albert Street and Cardill Crescent. Two minute drive from University of Waterloo. Four minute drive from Wilfrid Laurier University
- MLS® number
- X12284758
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-08-19
- Listed on
- 2025-07-15
- Days on market
- 35 days
- Possession type
- Flexible
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- ROYAL LEPAGE WOLLE REALTY
Home Market Value
Current home valuation for Unit 204, 392 Albert Street, Waterloo, , . Listed for $549,900
HOMEH Estimate
$441,410
Estimated Sales Range
$348,714 - $534,106
HOMEH Estimate for Unit 204, 392 Albert Street, 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 $49,900 over $500K
$29,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $20,786 | $15,342 | $13,088 | $0 |
=Total mortgage | $540,441 | $510,252 | $480,503 | $439,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,639monthly | $2,491monthly | $2,346monthly | $2,148monthly |
Land Transfer Tax
$7,473
$7,473
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.