HN
288 Albert Street 113, Waterloo, ON N2L 0G9, Waterloo, ON
+7 photos
$555,000

288 Albert Street 113, Waterloo, ON N2L 0G9, Waterloo, ON

Waterloo, ON N2L 0G9
5 beds 3 baths Condo Townhouse

About this home

PRICED TO SELL!! Motivated Seller! RARELY VACANT, Fully Furnished, Freshly Painted Turn Key Investment Steps from University of Waterloo, and Laurier University! Potential Positive Cashflow with Rent and Low Vacancy Rate due to student housing demand for Universities. COMES WITH 1 PARKING SPOT! Main Floor, Corner unit, with Three Bedrooms, Three FULL Washrooms, Large Main Floor Den, along with another lower level study Area, with 1 Surface Level Parking, Ensuite Laundry. Each Bedroom comes Fully Equipped with Bed Frame, Mattress, Side Table, and Study Desk. Open Concept Living, and Dinning with TV, Sofas and Dinning Table Set. Large U-Shaped Kitchen with stainless steel appliances, Quarts Counter Tops/Backsplash and Bar Stool Seating. Main Floor Den Also Comes with Sofas, TV, and Storage Cabinet. Must See, Everything in the Unit comes with it! Perfect for if you or a loved one will be attending University or if you are looking to build your Investment Portfolio.

Property Score

67/ 100
Overall Property Score
good

A blend of both buyer and investor metrics.

Score breakdown
Walkability
60/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
78/100great
GO Transit, LRT, and bus access from this neighborhood.
Schools
82/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
68% of city avggreat
Priced below Waterloo's average of $815,000.
Appreciation Trend
+1.8%/yrgreat
Waterloo has seen +1.8% YoY price change.
Monthly Cash Flow
-$610/mofair
Estimated -$610/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
4.29%great
Net operating income divided by purchase price.
Basement Suite Potential
Not viablepoor
This property type typically can't add a basement suite.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X12821396
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.

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