ON > Waterloo > 421 - Lakeshore-Parkdale
Waterloo, ON N2L3V1,392 ALBERT ST #204
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Waterloo, ON N2L3V1,392 ALBERT ST #204
Waterloo, ON N2L3V1,392 ALBERT ST #204
Waterloo, ON N2L3V1,392 ALBERT ST #204
Waterloo, ON N2L3V1,392 ALBERT ST #204
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Graham Terryberry

Graham Terryberry

+1(403) 909-6787
$ 549,900
Est. payment /mo
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392 ALBERT ST #204 Waterloo, ON N2L3V1

5 Beds

2 Baths

1,470 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,470 sqft

Price per Sqft $374

Subdivision 421 - Lakeshore/Parkdale

MLS® Listing ID 40749468

Bedrooms 5

Condo Fees $840/mo

Year Built 2015

Property Sub-Type Condominium

Source Cornerstone - Waterloo Region

Property 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 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:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Main level 15'0'' x 11'3'' Primary Bedroom

Extra Room 2 Main level 12'11'' x 20'8'' Living room

Extra Room 3 Main level 8'10'' x 10'5'' Kitchen

Extra Room 4 Main level 12'10'' x 12'9'' Dining room

Extra Room 5 Main level 15'1'' x 8'3'' Bedroom

Extra Room 6 Main level 15'0'' x 8'3'' Bedroom

Interior

Heating Forced air, Hot water radiator heat

Cooling Central air conditioning

Exterior

Parking Features Yes

View Y/N No

Total Parking Spaces 1

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Others

Ownership Condominium

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Listed by Royal LePage Wolle Realty
agent

Graham Terryberry

Agent / Team Leader

+1(403) 909-6787

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392 ALBERT ST #204