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MLS® X13639450 · Listed by BLUE WHALE CAPITAL REALTY INC. Source: TRREB MLS®. THE AGENCY does not represent this listing.

$530,000

201 - 338 Albert Street, Waterloo

MLS® X13639450 · 88 days on market

Condo Townhouse for sale · 4 bed · 3 bath

Signal

36/100

Soft demand, likely to sit

Likely sale price $516,888

About this property

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.

Property details

Sqft
1,800 to 1,999
Parking
1
Annual taxes
$5,385 (2026)
Condo / POTL fee
$657/mo
Basement
None
Style
Stacked Townhouse