Loading…
Property Type: TownhouseOwnership: CondominiumNEW LISTING
288 ALBERT Street Unit# 208
Waterloo, ON N2L0G9
MLS® 40874175
83
Walk Score
69
Transit
82
Bike
$579,000
4 bed3 bath2 parking1,940 sqftBuilt 2017
83
Walk Score
69
Transit
82
Bike
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 2
RN-6
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $795/mo
- Annual property tax
- $5,434.7
Maintenance Fee Includes
Water
Interior
- Basement
- None
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Second level | 16'10'' x 11'10'' |
| Den | Second level | 11'10'' x 8'11'' |
| Bedroom | Second level | 12'9'' x 10'7'' |
| Bedroom | Second level | 10'5'' x 10'0'' |
| 4pc Ensuite bath | Second level | 4'10'' x 8'11'' |
| 4pc Bathroom | Second level | 4'10'' x 8'11'' |
| Utility room | Main level | 5'2'' x 5'0'' |
| Living room | Main level | 10'6'' x 9'3'' |
| Kitchen | Main level | 9'1'' x 11'4'' |
| Bedroom | Main level | 14'11'' x 11'7'' |
| Dining room | Main level | 12'8'' x 7'7'' |
| 3pc Bathroom | Main level | 5'2'' x 6'2'' |
Description
Perfect investment opportunity for turn key rental! Unique 2-storey condominium townhouse with TWO parking spots! Largest unit in the complex at 1,940 sq. ft. with 4 bedrooms and 3 full bathrooms. Open concept layout with large windows, 3 juliette balconies, modern finishes, new flooring and pot lights. Kitchen with granite counters, stainless appliances and ample cupboard space. Primary bedroom with 4 piece ensuite, convenient upper-level laundry. Furniture & window coverings included. Condo fees include high-speed internet & water. Great opportunity for students & parents to invest! Under 10 minutes walking distance to Laurier & Waterloo University campuses. Steps to a variety of restaurants & shops. Vacant. Immediate possession available. (id:63161)
Listing Information
- MLS®
- 40874175
- Data last synced
- October 28, 2026
RE/MAX SOLID GOLD REALTY (II) LTD.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX SOLID GOLD REALTY (II) LTD.
MLS® Number: 40874175
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 Cornerstone Association of REALTORS®.
Values & Trends
This listing
$298/sqft
Building average
—
No other active listings in this building
114 - Uptown Waterloo/North Ward average
$425/sqft
8 active listing(s)
Parking: 2 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:
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 5.7% ($32,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$463,200.00
Periodic payment — Principal & Interest (monthly)$2,988.41
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,344.61
Total monthly cost$4,333.02
Interest paid over 5-yr term$132,754.45
Balance at end of term$416,649.90
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$32,900
Stress test qualifying rate8.19%
Payment you must qualify for$4,234.32
Cash Needed at Closing
Minimum down payment$32,900
Estimated Land Transfer Tax (LTT)$8,055
Legal / closing costs (typical estimate)$1,500
Total cash needed$42,455
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.
