220 - 338 Albert Street

Introducing a remarkable townhouse for sale in Waterloo , located at 338 Albert Street, Waterloo. This exceptional condo townhouse, designed in a stacked style, combines modern comfort with investment potential, making it an ideal choice for a variety of buyers. With a generous living space of 1,777 sq. ft. spread over two thoughtfully designed levels, this property is perfect for investors, university parents, or professionals seeking a contemporary urban lifestyle.

The townhouse for sale in Waterloo features three spacious bedrooms and three bathrooms, ensuring ample space for residents. The main level showcases durable porcelain and laminate flooring, creating a stylish and low-maintenance environment. The open-concept living and dining area is bright and inviting, providing an excellent space for entertaining or relaxing. The kitchen, located on the main level, is equipped with high-quality stainless steel appliances and elegant granite countertops, making it a delight for anyone who enjoys cooking.

While there is no den or additional room, the layout of this townhouse for sale in Waterloo is designed to maximise functionality. The absence of a family room is compensated by the two balconies on the main floor, which offer additional outdoor space to unwind and enjoy the fresh air. This outdoor area is perfect for sipping a morning coffee or enjoying an evening breeze.

Moving upstairs, you will find three generously sized bedrooms, each designed to provide comfort and privacy. Two full four-piece bathrooms are conveniently located on this level, ensuring that residents have easy access to essential amenities. The townhouse also includes in-suite laundry facilities, adding to the convenience of modern living.

This property, built in 2018, has been exceptionally well maintained, making it a strong rental opportunity. With the option of vacant possession before the next academic year, it presents an attractive proposition for those looking to invest in the rental market. The townhouse for sale in Waterloo comes unfurnished, allowing buyers the freedom to personalise the space according to their tastes and preferences.

Parking is made easy with a designated surface parking spot, conveniently located just steps from the entrance. The townhouse also features central air conditioning, ensuring a comfortable living environment throughout the year. However, it is worth noting that there is no central vacuum system, no pool, and no fireplace, which may be considerations for some buyers.

The location of this townhouse for sale in Waterloo is truly unbeatable. Situated within a 10-minute walk to Wilfrid Laurier University and the University of Waterloo, as well as being close to Conestoga College's Waterloo campus, this home offers unmatched access to campus life. Residents will also appreciate the proximity to Uptown Waterloo, Waterloo Park, Conestoga Mall, and the LRT at UW Station, providing easy transport links and a vibrant community atmosphere.

In summary, this townhouse for sale in Waterloo at 338 Albert Street, Waterloo, is a rare opportunity that combines modern living with strong investment potential. Whether you are looking for a dependable rental income, housing for a student, or simply a stylish modern home, this upper-level unit offers an exceptional living experience. Don't miss out on the chance to make this property your own; it is truly a gem in the heart of Waterloo.

Schools in the Neighbourhood

This property is ideally situated near a variety of educational institutions, making it a great choice for families. The closest school, Winston Churchill Public School, is just 0.8 km away and boasts an impressive rating of 4.9, catering to elementary students from JK to grade 6. For older children, Waterloo Collegiate Institute, located only 0.4 km from the property, offers secondary education for grades 9 to 12 and has a respectable rating of 6.3. St. David Catholic Secondary School, a nearby option at 0.7 km, provides a Catholic education for grades 9 to 12 and has a commendable rating of 7.4. Additional elementary options include Keatsway Public School and Our Lady of Lourdes Catholic Elementary School, both within 2.2 km, offering education in both French and English. For grades 7 and 8, MacGregor Public School is available at 1.1 km, although it currently has a rating of 0. Overall, the proximity and variety of schools, including public and Catholic options, ensure that families have access to quality education within a short distance from home.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, youthful community with a population of 1,817 residents and an average household size of 2.2. The average age is notably young at 25.9 years, reflecting a vibrant, possibly student-oriented population. Economic conditions show an average household income of $50,100, with a significant portion (38.5%) classified as low-income. The housing market is characterized by a high percentage of renters (93.96%) and a predominance of condominiums (71.81%), with an average property price of $440,000. The community is largely single, with 83.94% of residents not married, and households with children represent 28.57% of the population. Additionally, 19.94% of residents are immigrants, contributing to the area's diversity. Educational attainment is relatively high, with 53.78% holding college or university degrees. However, a considerable segment of the population (33.43%) is not participating in the labor force, indicating potential economic challenges. Overall, this area presents a unique blend of youthful energy, economic diversity, and a strong rental market, making it an intriguing location for potential real estate investment.