392 Albert St, Unit #204
Waterloo
$549,900
Buy with Dwelly and Save $5,499
Home Details
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Listing Description
Positive Cash Flow opportunity in the heart of Waterloo! This fully leased 5-bedroom, 2-bathroom condo unit at 392 Albert Street, Unit 204 offers a rare opportunity to own a high-performing rental property just minutes from the University of Waterloo and Wilfrid Laurier University. Currently rented, this property generates a strong annual income of $48,000.Inside, the unit features a modern kitchen complete with maple cabinetry, a double sink, and included appliances: fridge, stove, and dishwasher. The open-concept living and dining area is spacious and bright, enhanced by a Juliette balcony with west-facing exposure that brings in plenty of natural light.Each of the five bedrooms is generously sized and comes fully furnished with a bed, desk, and chest of drawers, making this a truly turnkey investment. The unit includes two full bathroomsone 3-piece and one 4-pieceoffering convenience for shared living.Additional highlights include durable vinyl plank flooring throughout (completely carpet-free), hydronic hot water heating, a sprinkler system, intercom access, and deadbolts on all bedroom doors for added safety and privacy.This low-maintenance condo is ideally suited for turn key income and offers excellent long-term rental potential in one of the perennially best rental markets in Canada.
1 fridge, 1 stove, 1 dishwasher
City: Waterloo
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Aug 16, 2017 | 1 | $585,880 | $585,880 | Sold | X3904108 |
Rooms
Room dimensions for 392 Albert St, Unit #204, Waterloo
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 392 Albert St204 is 3888
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $549900 |
| Down Payment | $109980 |
| Mortgage Insurance | $0 |
| Total Mortgage | $439920 |
Monthly Payment
| Mortgage Payment | $2711 |
| Property Taxes | $336 |
| Maintenance Fees | $841 |
| Monthly Payment | $3888 |
About 392 Albert St, Unit #204, Waterloo
Located at 392 Albert St Unit #204, this Waterloo condo is available for sale. This property was listed for $549,900 on Tue Jul 15 2025. This condo's size is 1400-1599 Sqft. It has 5 bedrooms and 2 bathrooms. Monthly maintenance is $841 per month and taxes are approximately $4,034 annually. Views are to the East from this property. Step outside onto the open balcony. The property includes the following rooms: Bathroom, Bathroom, 2nd Br, 3rd Br, 4th Br, Dining, Living, Kitchen, Primary, 5th Br. This property comes with 1 parking spots. This property also comes with a locker. are included with this property.
MLS#: X12284758 · $549,900 · 5 bedroom condo in Waterloo