338 Albert Street 201
Waterloo, N2L 3T8
FOR SALE
$530,000
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4
BEDROOMS 3
BATHROOMS 1
KITCHENS 7
ROOMS X13639450
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Property Description
High Rental Return! Invest in one of Canada's leading technology hubs! Ideally located in the heart of Waterloo's thriving tech corridor, this property is surrounded by major employers including Agfa, Sandvine, Sybase, the Canadian Innovation Centre, Manulife, and Sun Life headquarters. Just a short walk to the University of Waterloo, Wilfrid Laurier University, and Conestoga College, this corner-unit townhome offers exceptional rental demand and income potential. Featuring 4 spacious bedrooms, the property can generate over $4,000/month in rental income, plus approximately $150/month from parking. An ideal option for parents with students attending nearby universities-occupy one bedroom for your own child while renting out the remaining rooms, with current market rents averaging around $800 per room. A turnkey investment opportunity in a high-demand location with strong cash flow and long-term growth potential.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2021-05-24 | 2021-06-07 | 14 | $529,900 | $518,500 |
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Property Features
None, Surface, In-Suite Laundry
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Property Details
Address
338 Albert Street 201
City
Postal Code
N2L 3T8
Property Type
Condo Townhouse, Condo Townhouse
Taxes
$5,385 (2026
Basement
None
Heat Type
Forced Air
Heat Source
Gas
Parking Spaces
1
Parking 1
None
Garage Type
Surface
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Listing contracted with Blue Whale Capital Realty Inc.
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