108 - 253 Albert Street

Welcome to the exceptional condo for sale in Waterloo , located at 253 Albert Street, Waterloo. This modern condo apartment is situated in one of the most sought-after areas of Uptown Waterloo, making it an ideal choice for those looking for a vibrant community lifestyle. Just a short five-minute stroll from both the University of Waterloo and Wilfrid Laurier University, this property offers unparalleled convenience for students and professionals alike. The surrounding area boasts a plethora of shopping options, restaurants, and various amenities, all within easy walking distance, further enhancing the appeal of this location.

The condo for sale in Waterloo features a contemporary design, characterised by its striking brick and stone exterior. Upon entering, you will be greeted by a spacious open-concept living area that is both inviting and functional. The layout includes two generously sized bedrooms and two well-appointed bathrooms, ensuring ample space for residents. The main kitchen is thoughtfully designed, making it perfect for both everyday cooking and entertaining guests. Although there is no additional kitchen or den, the living space is more than adequate for comfortable living.

In terms of comfort, this condo apartment is equipped with central air conditioning, ensuring a pleasant atmosphere throughout the year. The absence of a fireplace may be noted, but the overall design and features of the property compensate for this with their modern appeal. The unit is unfurnished, allowing new owners the opportunity to personalise their space according to their own tastes and preferences.

A standout feature of this condo for sale in Waterloo is the inclusion of a family room, providing an additional area for relaxation or socialising. While there is no central vacuum system, the practicality of the space and the ease of maintenance make it a worthwhile consideration. Furthermore, the property does not include a basement, which simplifies upkeep and enhances the overall living experience.

Residents will appreciate the convenience of having one designated parking space, which is particularly valuable in a bustling area like Waterloo. However, it is important to note that there is no garage space available. The property does not come with additional land, but the well-maintained communal areas and the nearby amenities more than make up for this.

One of the unique features of this condo for sale in Waterloo is the beautiful rooftop garden and terrace. This additional space provides a serene escape for residents, perfect for enjoying the outdoors without leaving the comfort of home. Whether it’s for a quiet morning coffee or an evening gathering with friends, this rooftop area enhances the living experience and adds a touch of luxury to the property.

Recently leased for an impressive $2,600 monthly, this condo presents a fantastic investment opportunity for those looking to enter the property market or expand their portfolio. The combination of its prime location, modern features, and community amenities makes it a desirable option for both investors and those seeking a new home.

In summary, this condo for sale in Waterloo at 253 Albert Street, Waterloo, is a remarkable property that ticks all the boxes for modern living. With its two spacious bedrooms, two bathrooms, and a host of desirable features, it is well-suited for individuals or families looking to enjoy the vibrant lifestyle that Waterloo has to offer. Don’t miss the chance to make this stunning condo your new home or investment opportunity!

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you will find Winston Churchill Public School (1.1 km), which offers elementary education from JK to grade 6 and boasts an impressive rating of 4.9. MacGregor Public School, also nearby (0.8 km), serves grades 7 to 8 but has a rating of 0. For secondary education, Waterloo Collegiate Institute is just 0.5 km away and has a rating of 6.3. Additionally, Kitchener-Waterloo Collegiate and Vocational School, located 3.0 km away, has a strong rating of 7. The area also features Catholic schools, such as Our Lady of Lourdes Catholic Elementary School (1.9 km, rating 6.5) and St. David Catholic Secondary School (1.0 km, rating 7.4). Overall, the variety of schools nearby, including both public and Catholic options, provides excellent educational opportunities for children of all ages, ensuring a supportive community for families.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, youthful community with a population of 2,340 residents and an average household size of 1.9. The average age of residents is 26.3 years, indicating a predominantly young demographic. The average household income stands at $41,400, with a significant portion of the population (40.6%) classified as low-income. A striking 78.41% of residents are single, and only 17.31% live in households with children, suggesting a lifestyle that may appeal to young professionals or students. The area also has a high percentage of renters at 94.04%, with condos making up 79.82% of the housing stock, reflecting a trend towards apartment living. Additionally, 17.94% of the population are immigrants, contributing to the area's cultural diversity. Educational attainment is notable, with 59.39% of residents holding a college or university degree. However, a considerable 32.99% of the population is not in the labor force, which may impact the local economy. Overall, this community appears to be a vibrant, youthful area with a focus on rental living and educational achievement, albeit with challenges related to income levels and employment.