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Property Type: Condo / ApartmentOwnership: Condominium
203 - 250 ALBERT STREET
Waterloo, ON N2L0H5
MLS® X13139636
$289,995
1 bed1 bath0 parking
Amenities
Gym
Property Details
Property & Lot
- Sub-type
- Apartment
rn-12
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $370/mo
- Annual property tax
- $2,416.98
Maintenance Fee Includes
Also included: Common Area Maintenance
Interior
- Basement
- None
- Heating
- Forced air, Electric
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | — |
| Kitchen | Main level | — |
| Bedroom | Main level | — |
Description
Whether you're a parent investing in your student's future or an investor seeking reliable returns, this stylish condo in Waterloo's University District checks every box. Steps from Wilfrid Laurier and the University of Waterloo, this well-designed unit features in-suite laundry, a modern kitchen with stainless steel appliances, sleek cabinetry, and a bright open-concept layout with large windows. Building amenities include a fitness centre, bike storage, and a rooftop terrace. For parents, stop paying someone else's mortgage - build equity while giving your student a safe, convenient home. For investors, Waterloo's university corridor is one of Ontario's most resilient rental markets with consistent, year-round demand and low vacancy. (id:63159)
Listing Information
- MLS®
- X13139636
- Data last synced
- September 15, 2026
ROYAL LEPAGE SIGNATURE CONNECT.CA REALTY
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: ROYAL LEPAGE SIGNATURE CONNECT.CA REALTY
MLS® Number: X13139636
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: Cambridge
3°C
Fog
Humidity 98%
Wind NE calm km/h
Today
20°
Tonight
5°
Friday
12°
Friday night
-2°
Saturday
14°
Saturday night
3°
Source: Environment and Climate Change Canada.
Population
126,356
(2021 Census)
+15.5% since 2016
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($14,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$231,996.00
Periodic payment — Principal & Interest (monthly)$1,496.76
Additional monthly expenses (condo fees, tax, utilities, etc.)$570.99
Total monthly cost$2,067.74
Interest paid over 5-yr term$66,490.72
Balance at end of term$208,681.15
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$14,500
Stress test qualifying rate8.19%
Payment you must qualify for$2,136.12
Cash Needed at Closing
Minimum down payment$14,500
Estimated Land Transfer Tax (LTT)$2,825
Legal / closing costs (typical estimate)$1,500
Total cash needed$18,825
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.
