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Property Type: Condo / ApartmentOwnership: Condominium
103 - 253 ALBERT STREET
Waterloo, ON N2L3T7
MLS® X14104358
83
Walk Score
70
Transit
86
Bike
$295,000
1 bed2.5 bath0 parking
83
Walk Score
70
Transit
86
Bike
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $525/mo
- Annual property tax
- $3,768
Maintenance Fee Includes
Water
Also included: Common Area Maintenance, Insurance
Interior
- Basement
- None
- Heating
- Heat Pump, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | — |
| Primary Bedroom | Main level | — |
| Kitchen | Main level | — |
Description
Welcome to Unit 103 at 253 Albert Street, Waterloo: Modern Living in the Heart of the University District! Experience this exceptional main-floor condominium located in one of Waterloo's most sought-after buildings. Nestled in the vibrant university district, this beautifully maintained 1-bedroom, 1 Bathroom residence offers an outstanding opportunity for Students, young professionals and investors alike. From the moment you step inside, you'll be captivated by the impressive 13-ft ceilings that create a bright, open and airy atmosphere rarely found in condominium living. The thoughtfully designed kitchen offers ample cabinetry and a functional layout ideal for everyday living and entertaining. Overlooking the main living area, it provides a seamless flow that makes hosting family and friends effortless. One of the standout features of this home is the rare 1.5-bathroom layout, offering added convenience and privacy for residents and guests. The spacious primary bedroom provides a comfortable retreat and enjoys direct access to the private outdoor patio. Step outside to your own fenced patio oasis, accessible through walkouts from both the living room and bedroom. Whether you're enjoying your morning coffee, reading a book, or unwinding after a long day, this private outdoor space offers a peaceful extension of your living area. Additional highlights include in-suite laundry, modern finishes and access to the building's rooftop terrace: an ideal space to relax, socialize and take in the surrounding city views. Situated just a walking distance from Wilfrid Laurier University and University of Waterloo, this property places you at the centre of everything: Restaurants, cafes, grocery stores, shopping and public transit are all just steps from your door. Don't miss your chance to own this rare and stylish condo offering exceptional location, impressive living space and outstanding investment potential in the heart of Waterloo. Book your showing Today! (id:63161)
Listing Information
- MLS®
- X14104358
- Data last synced
- October 22, 2026
RE/MAX TWIN CITY REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX TWIN CITY REALTY INC.
MLS® Number: X14104358
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Toronto Regional Real Estate Board.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Waterloo average
$476/sqft
185 active listing(s)
Parking: Not indicatedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Guelph
5°C
—
Humidity 95%
Wind NNE calm km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
126,356
(2021 Census)
+15.5% since 2016
Density:
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($14,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$236,000.00
Periodic payment — Principal & Interest (monthly)$1,522.59
Additional monthly expenses (condo fees, tax, utilities, etc.)$839.28
Total monthly cost$2,361.87
Interest paid over 5-yr term$67,638.28
Balance at end of term$212,282.76
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$14,750
Stress test qualifying rate8.19%
Payment you must qualify for$2,172.99
Cash Needed at Closing
Minimum down payment$14,750
Estimated Land Transfer Tax (LTT)$2,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$19,150
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
