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High Rental Return! Invest in one of Canada's leading technology hubs! Ideally located in the heart of Waterloo's thriving tech corridor, this property is surrounded by major employers including Agfa, Sandvine, Sybase, the Canadian Innovation Centre, Manulife, and Sun Life headquarters. Just a short walk to the University of Waterloo, Wilfrid Laurier University, and Conestoga College, this corner-unit townhome offers exceptional rental demand and income potential. Featuring 4 spacious bedrooms, the property can generate over $4,000/month in rental income, plus approximately $150/month from parking. An ideal option for parents with students attending nearby universities-occupy one bedroom for your own child while renting out the remaining rooms, with current market rents averaging around $800 per room. A turnkey investment opportunity in a high-demand location with strong cash flow and long-term growth potential.
City: Waterloo

| Purchase Price | $530,000 |
| Down Payment | $106,000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $424,000 |
| Mortgage Payment | $2,613 |
| Property Taxes | $449 |
| Maintenance Fees | $657 |
| Monthly Payment | $3,719 |
Located at 338 Albert Street Unit #201, this Waterloo condo is available for sale. This property was listed for $530,000 on Wed Aug 05 2026. It has 4 bedrooms and 3 bathrooms. Monthly maintenance is $657 per month and taxes are approximately $5,386 annually. The property includes the following rooms: . This property comes with 1 parking spots.
MLS#: undefined · $530,000 · 4 bedroom condo in Waterloo