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392 ALBERT Street Unit# 302, Waterloo — listed at $613,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Prime Location! This spacious 5-bedroom, 5-bathroom condo apartment offers a turnkey investment opportunity, currently fully tenanted with approximately $4,500/month in rental income. Featuring around 1,700 sq ft of living space, the unit boasts laminate flooring throughout, with each bedroom offering large windows and its own private 3-piece ensuite. Fully furnished and thoughtfully designed, this well-maintained unit includes one parking space. Condo fees cover water, heat, A/C, and insurance, providing added convenience and value. Ideally located just steps from the University of Waterloo and Wilfrid Laurier University, this is an excellent addition to any long-term investment portfolio. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Main level | — |
| 3pc Bathroom | Main level | — |
| 3pc Bathroom | Main level | — |
| 3pc Bathroom | Main level | — |
| 3pc Bathroom | Main level | — |
| Bedroom | Main level | 11'5'' x 14'8'' |
| Bedroom | Main level | 9'2'' x 21'3'' |
| Bedroom | Main level | 9'2'' x 21'3'' |
| Bedroom | Main level | 9'2'' x 21'3'' |
| Bedroom | Main level | 9'2'' x 21'3'' |
| Breakfast | Main level | 13'3'' x 14'8'' |
| Kitchen | Main level | 13'8'' x 14'8'' |
| Dining room | Main level | 10'7'' x 19'11'' |
| Living room | Main level | 10'7'' x 19'11'' |
What's the parking situation?+
This property includes 1 space — Underground, None, Visitor Parking.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Is 392 ALBERT Street Unit# 302 a good fit for a growing family?+
With 5 bedrooms and 5 bathrooms (1656 sq ft), there's room for kids plus a guest room or home office.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What do the condo/maintenance fees cover?+
The $840.74/mo fee covers: Common Area Maintenance, Heat, Water, Insurance, Parking.
Built in 2013 — is this considered new?+
A 2013 build means modern building codes, likely better insulation and wiring than older homes. Ask if any major systems (roof, furnace, windows) have been replaced — even newer homes need maintenance.
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