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Property Type: TownhouseOwnership: Condominium
113 - 288 ALBERT STREET
Waterloo, ON N2L0G9
MLS® X13852700
$545,000
5 bed3 bath1 parking
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $582/mo
- Annual property tax
- $4,779.34
Maintenance Fee Includes
Water
Also included: Common Area Maintenance, Insurance, Parking
Interior
- Basement
- None
- Heating
- Forced air, Natural gas
- Cooling / A/C
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | — |
| Bathroom | Lower level | — |
| Dining room | Main level | — |
| Kitchen | Main level | — |
| Den | Main level | — |
| Primary Bedroom | Lower level | — |
| Bedroom 2 | Lower level | — |
| Bedroom 3 | Lower level | — |
| Study | Lower level | — |
| Bathroom | Main level | — |
| Bathroom | Lower level | — |
Description
TURN KEY! Fully Furnished, Freshly Painted Investment Steps from University of Waterloo, and Laurier University! Potential Positive Cashflow with Rent and Low Vacancy Rate due to student housing demand for Universities. COMES WITH 1 PARKING SPOT! Main Floor, Corner unit, with Three Bedrooms, Three FULL Washrooms, Large Main Floor Den, along with another lower level study Area, with 1 Surface Level Parking, Ensuite Laundry. Each Bedroom comes Fully Equipped with Bed Frame, Mattress, Side Table, and Study Desk. Open Concept Living, and Dinning with TV, Sofas and Dinning Table Set. Large U-Shaped Kitchen with stainless steel appliances, Quarts Counter Tops/Backsplash and Bar Stool Seating. Main Floor Den Also Comes with Sofas, TV, and Storage Cabinet. Must See, Everything in the Unit comes with it! Perfect for if you or a loved one will be attending University or if you are looking to build your Investment Portfolio. (id:63159)
Listing Information
- MLS®
- X13852700
- Data last synced
- October 2, 2026
REALTY WEALTH GROUP INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: REALTY WEALTH GROUP INC.
MLS® Number: X13852700
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
$362/sqft
90 active listing(s)
Parking: 1 stall(s) includedStorage 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: 5.4% ($29,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$436,000.00
Periodic payment — Principal & Interest (monthly)$2,812.92
Additional monthly expenses (condo fees, tax, utilities, etc.)$980.30
Total monthly cost$3,793.22
Interest paid over 5-yr term$124,958.85
Balance at end of term$392,183.41
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$29,500
Stress test qualifying rate8.19%
Payment you must qualify for$3,997.05
Cash Needed at Closing
Minimum down payment$29,500
Estimated Land Transfer Tax (LTT)$7,375
Legal / closing costs (typical estimate)$1,500
Total cash needed$38,375
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.
