392 ALBERT Street Unit# 204 Waterloo
  • 392 ALBERT Street Unit# 204 Waterloo
  • 392 ALBERT Street Unit# 204 Waterloo
  • 392 ALBERT Street Unit# 204 Waterloo
  • 392 ALBERT Street Unit# 204 Waterloo
  • 392 ALBERT Street Unit# 204 Waterloo
  • 392 ALBERT Street Unit# 204 Waterloo
  • 392 ALBERT Street Unit# 204 Waterloo
  • 392 ALBERT Street Unit# 204 Waterloo
  • 392 ALBERT Street Unit# 204 Waterloo
  • 392 ALBERT Street Unit# 204 Waterloo
  • 392 ALBERT Street Unit# 204 Waterloo
  • 392 ALBERT Street Unit# 204 Waterloo
  • 392 ALBERT Street Unit# 204 Waterloo
  • 392 ALBERT Street Unit# 204 Waterloo
  • 392 ALBERT Street Unit# 204 Waterloo
  • 392 ALBERT Street Unit# 204 Waterloo
  • 392 ALBERT Street Unit# 204 Waterloo
  • 392 ALBERT Street Unit# 204 Waterloo
  • 392 ALBERT Street Unit# 204 Waterloo
  • 392 ALBERT Street Unit# 204 Waterloo
  • 392 ALBERT Street Unit# 204 Waterloo
  • 392 ALBERT Street Unit# 204 Waterloo

392 ALBERT Street Unit# 204, Waterloo, Ontario

$549,900

  • 5 Beds
  • 2 Baths
  • 1,470 Square Feet

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 bathrooms—one 3-piece and one 4-piece—offering 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. (id:56241)

  • Listing ID: 40749468
  • Property Type: Single Family
  • Year Built: 2015
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Rooms

LevelTypeDimensions
Primary Bedroom Main level 15'0'' x 11'3''
Living room Main level 12'11'' x 20'8''
Kitchen Main level 8'10'' x 10'5''
Dining room Main level 12'10'' x 12'9''
Bedroom Main level 15'1'' x 8'3''
Bedroom Main level 15'0'' x 8'3''
Bedroom Main level 15'0'' x 8'3''
Bedroom Main level 8'3'' x 16'7''
4pc Bathroom Main level 7'11'' x 5'4''
3pc Bathroom Main level 5'10'' x 8'3''

Details

  • Amenities Nearby: Place of Worship, Public Transit, Schools
  • Equipment: None
  • Features: Southern exposure, Balcony, Country residential, Laundry- Coin operated
  • Maintenance Fee: 840.74
  • Maintenance Fee Type: Insurance, Parking, Water
  • Maintenance Fee Payment Unit: Monthly
  • Ownership: Condominium
  • Parking Spaces: 1
  • Rental Equipment: None
  • Transaction: For sale
  • Zoning Description: R9

Building

  • Appliances: Dishwasher, Refrigerator, Stove
  • BasementType: None
  • Bedrooms Main Level: 5
  • Constructed Date: 2015
  • Construction Style Attachment: Attached
  • Cooling: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Fire Protection: Smoke Detectors
  • Bathrooms (Total): 2
  • Heating: Forced air, Hot water radiator heat
  • Size Interior: 1470 sqft
  • Stories Total: 1
  • Type: Apartment
  • Utility Water: Municipal water

Land

  • Amenities: Place of Worship, Public Transit, Schools
  • Sewer: Municipal sewage system
MLS®

Listing provided by Royal LePage Wolle Realty
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 392 ALBERT Street Unit# 204 in Waterloo Ontario. It was last modified on July 15th, 2025. Contact us to schedule a viewing or to discover other Waterloo properties for sale.

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