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Property Type: TownhouseOwnership: Condominium
114 - 338 ALBERT STREET
Waterloo, ON N2L3T8
MLS® X13817356
$550,000
3 bed3 bath1 parking
Amenities
Visitor Parking
Also listed: Separate Heating Controls
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 2
RN-6
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $596/mo
- Annual property tax
- $4,779.34
Maintenance Fee Includes
Water
Also included: Insurance
Interior
- Basement
- Finished, N/A
- Heating
Description
Welcome to Ivy Towns 3 by IN8 Developments, a spacious and modern stacked condo ideally suited for investors, students, or those looking for a low-maintenance home in a prime Waterloo location. This bright two-level unit offers approximately 1,600 sq. ft. of thoughtfully designed living space, featuring three bedrooms, three bathrooms, plus a versatile den/study that could easily function as a fourth bedroom. The open-concept layout provides comfortable living and dining areas, complemented by durable porcelain and laminate flooring throughout, in-suite laundry, and a private balcony. One exclusive parking space is included. Built in 2018 and well maintained, the unit is currently vacant, offering immediate possession and excellent flexibility for an investor. Condo fees include water and WiFi. Located within approximately a 10-minute walk of both Wilfrid Laurier University and the University of Waterloo, with easy access to Conestoga College's Waterloo campus, Uptown Waterloo, Waterloo Park, Conestoga Mall, and the LRT at UW Station. A fantastic opportunity to own a spacious, turnkey property in a highly sought-after university community. (id:63159)
Listing Information
- MLS®
- X13817356
- Data last synced
- September 24, 2026
CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
MLS® Number: X13817356
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: 5.5% ($30,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$440,000.00
Periodic payment — Principal & Interest (monthly)$2,838.73
Additional monthly expenses (condo fees, tax, utilities, etc.)$994.74
Total monthly cost$3,833.47
Interest paid over 5-yr term$126,105.26
Balance at end of term$395,781.42
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$30,000
Stress test qualifying rate8.19%
Payment you must qualify for$4,031.95
Cash Needed at Closing
Minimum down payment$30,000
Estimated Land Transfer Tax (LTT)$7,475
Legal / closing costs (typical estimate)$1,500
Total cash needed$38,975
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.
