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Property Type: TownhouseOwnership: CondominiumNEW LISTING
655 ALBERT Street Unit# C
Waterloo, ON N2L3V5
MLS® 40874030
65
Walk Score
58
Transit
63
Bike
$430,000
2 bed1 bath2 parking1,098 sqftBuilt 1991
65
Walk Score
58
Transit
63
Bike
Open House
Saturday, October 31
2:00 PM – 4:00 PM
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 2
RMU40
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $406/mo
- Annual property tax
- $2,430.64
Maintenance Fee Includes
WaterManagement
Also included: Landscaping, Insurance, Parking
Interior
- Basement
- Unfinished, Full
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Second level | — |
| Bedroom | Second level | 9'0'' x 12'6'' |
| Primary Bedroom | Second level | 12'6'' x 13'9'' |
| Dining room | Main level | 12'6'' x 11'10'' |
| Living room | Main level | 9'5'' x 14'5'' |
| Kitchen | Main level | 8'6'' x 11'2'' |
Description
OPEN HOUSE THIS SATURDAY OCTOBER 31ST FROM 2-4. Welcome to this beautifully upgraded 2-bedroom condo townhouse offering approximately 1,500 sq. ft., 2 parking spots, low condo fees, and low property taxes! Ideally located close to public transit, walking trails, both universities, schools, and everyday amenities. This home is a fantastic opportunity for first-time buyers, young professionals, and families with children, as well as those looking for convenient access to campus. The main floor features an upgraded kitchen with modern finishes that flows seamlessly into a bright and inviting living and dining area. Sliding doors lead to a private patio backing onto a peaceful creek, providing a great outdoor space to relax or entertain. Upstairs, you'll find two generously sized bedrooms and a beautifully renovated full bathroom. The unfinished basement offers plenty of additional space for storage, laundry, a home gym, or a future recreation room. Enjoy the added convenience of water included in the condo fees, helping keep monthly expenses affordable. The well-maintained complex also offers an outdoor swimming pool and playground, making it an excellent place to call home! (id:63161)
Listing Information
- MLS®
- 40874030
- Data last synced
- October 29, 2026
RE/MAX TWIN CITY REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX TWIN CITY REALTY INC.
MLS® Number: 40874030
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
$392/sqft
Building average
—
No other active listings in this building
421 - Lakeshore/Parkdale average
$402/sqft
18 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:
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($21,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$344,000.00
Periodic payment — Principal & Interest (monthly)$2,219.37
Additional monthly expenses (condo fees, tax, utilities, etc.)$663.65
Total monthly cost$2,883.02
Interest paid over 5-yr term$98,591.39
Balance at end of term$309,429.11
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$21,500
Stress test qualifying rate8.19%
Payment you must qualify for$3,167.40
Cash Needed at Closing
Minimum down payment$21,500
Estimated Land Transfer Tax (LTT)$5,075
Legal / closing costs (typical estimate)$1,500
Total cash needed$28,075
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.
