Zarrin Joo
Broker
RE/MAX REALTRON REALTY INC., Brokerage
Independently owned and operated.
11685 Yonge St.#306, Richmond Hill, Ontario L4E0K7
Cell: 416-666-1137Office: 905-508-9500Fax: 905-508-9590
$549,900
Available - For Sale
Listing ID: X12284758
392 Albert Stre , Waterloo, N2L 3V1, Waterloo
| 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 bathroomsone 3-piece and one 4-pieceoffering 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. |
| Price | $549,900 |
| Taxes: | $4034.00 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 392 Albert Stre , Waterloo, N2L 3V1, Waterloo |
| Postal Code: | N2L 3V1 |
| Province/State: | Waterloo |
| Directions/Cross Streets: | Albert Street and Cardill Crescent |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Bathroom | 5.84 | 8.27 | |
| Room 2 | Main | Bathroom | 7.94 | 5.38 | |
| Room 3 | Main | Bedroom 2 | 8.27 | 16.53 | |
| Room 4 | Main | Bedroom 3 | 15.02 | 8.3 | |
| Room 5 | Main | Bedroom 4 | 15.06 | 8.23 | |
| Room 6 | Main | Dining Ro | 12.86 | 12.76 | |
| Room 7 | Main | Living Ro | 12.89 | 20.63 | |
| Room 8 | Main | Kitchen | 8.86 | 10.4 | |
| Room 9 | Main | Primary B | 14.99 | 11.25 | |
| Room 10 | Main | Bedroom 5 | 15.06 | 8.23 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Main |
| Washroom Type 2 | 4 | Main |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 11-15 |
| Washrooms: | 2 |
| Heat Type: | Fan Coil |
| Central Air Conditioning: | Central Air |
| Elevator Lift: | True |
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| ROYAL LEPAGE WOLLE REALTY |
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Zarrin Joo
Broker
Dir:
416-666-1137
Bus:
905-508-9500
Fax:
905-508-9590
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Condo Apartment |
| Area: | Waterloo |
| Municipality: | Waterloo |
| Neighbourhood: | Dufferin Grove |
| Style: | 1 Storey/Apt |
| Approximate Age: | 11-15 |
| Tax: | $4,034 |
| Maintenance Fee: | $840.74 |
| Beds: | 5 |
| Baths: | 2 |
| Fireplace: | N |
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