392 Albert Street, 204, Waterloo, ON N2L 3V1
392 Albert Street, 204, Waterloo, ON N2L 3V1
392 Albert Street, 204, Waterloo, ON N2L 3V1
392 Albert Street, 204, Waterloo, ON N2L 3V1
392 Albert Street, 204, Waterloo, ON N2L 3V1
392 Albert Street, 204, Waterloo, ON N2L 3V1
392 Albert Street, 204, Waterloo, ON N2L 3V1
392 Albert Street, 204, Waterloo, ON N2L 3V1
392 Albert Street, 204, Waterloo, ON N2L 3V1
392 Albert Street, 204, Waterloo, ON N2L 3V1
392 Albert Street, 204, Waterloo, ON N2L 3V1
392 Albert Street, 204, Waterloo, ON N2L 3V1
392 Albert Street, 204, Waterloo, ON N2L 3V1
392 Albert Street, 204, Waterloo, ON N2L 3V1
392 Albert Street, 204, Waterloo, ON N2L 3V1
392 Albert Street, 204, Waterloo, ON N2L 3V1
392 Albert Street, 204, Waterloo, ON N2L 3V1
392 Albert Street, 204, Waterloo, ON N2L 3V1
392 Albert Street, 204, Waterloo, ON N2L 3V1
392 Albert Street, 204, Waterloo, ON N2L 3V1
392 Albert Street, 204, Waterloo, ON N2L 3V1
392 Albert Street, 204, Waterloo, ON N2L 3V1
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For Sale

$549,900

392 Albert Street, 204, Waterloo, ON N2L 3V1

Apartment 5 Beds 2+0 Baths

Remarks

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.

Inclusions:

Dishwasher,Refrigerator,Smoke Detector,Stove,5 Beds, Five Desks, Five Chest Of Drawers

Exclusions:

Tenants' Possessions

Property Summary

  • Building Style: Apartment
  • No. of Parking Spaces: 1
  • Floor Space (approx): 1470 Square Feet
  • Built in: 2015
  • Bedrooms: 5
  • Bathrooms (Total): 2+0
  • Zoning: R9

Property Features:

  • Architectural Style:
    1 Storey/Apt
  • Association Amenities:
    Elevator(s)
  • Basement:
    None
  • Construction Materials:
    Brick , Cement Siding
  • Cooling:
    Central Air
  • Heating:
    Forced Air , Gas Hot Water
  • Interior Features:
    Separate Heating Controls , Separate Hydro Meters
  • Driveway Parking:
    Covered Parking
  • Laundry Features:
    Coin Operated , In Building , Laundry Room , Main Level
  • Lot Features:
    Rural , Place of Worship , Public Parking , Public Transit , Schools
  • Roof:
    Other
  • Security Features:
    Smoke Detector , Smoke Detector(s)
  • Sewer:
    Sewer (Municipal)
  • Water Source:
    Municipal

Rooms

  • Bathroom:
    Level: Main Level 2.41 X 1.63
  • Bedroom:
    Level: Main Level 4.57 X 2.51
  • Dining:
    Level: Main Level 3.91 X 3.89
  • Bedroom:
    Level: Main Level 4.60 X 2.51
  • Bedroom:
    Level: Main Level 4.57 X 2.51
  • Bedroom:
    Level: Main Level 2.51 X 5.05
  • Bathroom:
    Level: Main Level 1.78 X 2.51
  • Kitchen:
    Level: Main Level 2.69 X 3.17
  • Master Bedroom:
    Level: Main Level 4.57 X 3.43
  • Living:
    Level: Main Level 3.94 X 6.30
Lifestyle
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