ON > Waterloo > 421 - Lakeshore-Parkdale
Waterloo, ON N2L3V1,392 ALBERT ST #204
Waterloo, ON N2L3V1,392 ALBERT ST #204
Waterloo, ON N2L3V1,392 ALBERT ST #204
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
Tue
22
Jul
Wed
23
Jul
Thu
24
Jul
Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$549,900
Est. payment /mo
5 Beds
2 Baths
1,470 SqFt
Save Virtual Tour

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

Virtual Tour https://youriguide.com/204_392_albert_street_waterloo_on/

Read Less Info
Powered by: REALTOR.ca
Listed by Royal LePage Wolle Realty

Get More Information

agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

Name

Phone*

Message

I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Gail Reeves Reid, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.