250 Albert St #615 is a 1-bedroom, 1-bathroom condo in Waterloo, listed for $264,999. It has 0-499 sq ft of living space.
1Prime University District Location!
2The thoughtfully designed unit offers a modern, low-maintenance lifestyle with a bright interior and an efficient layout that makes excellent use of the space.
3A fantastic location, a desirable building, and an investment opportunity you won't want to miss!
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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
1 Bed, 1 Bath Condo in Waterloo
Unit 615 at 250 Albert Street
Prime University District Location! Welcome to this bright and inviting 1-bedroom, 1-bathroom condo at Sage Condos, perfectly positioned in the heart of Waterloo's vibrant university community. Just steps from University Avenue and within extremely close proximity to both Wilfrid Laurier University and the University of Waterloo, this location offers exceptional convenience for students, faculty, young professionals, and investors alike. Enjoy easy access to the ION LRT, Conestoga College's Waterloo Campus, restaurants, cafés, shopping, entertainment, and Waterloo's thriving technology hub. The thoughtfully designed unit offers a modern, low-maintenance lifestyle with a bright interior and an efficient layout that makes excellent use of the space. Whether you're looking to add a strong rental property to your portfolio, secure a home for a university student, or make your first real estate investment, this is an opportunity to own in one of Waterloo's most sought-after and consistently in-demand areas. A fantastic location, a desirable building, and an investment opportunity you won't want to miss!
1 bedroom, 1 bathroom, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 250 Albert St #615
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
0-499 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
250 Albert St #615 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,302
/mo
based on the purchase price of $264,999
$53,000 cash
$211,999 financed
$178,559 total interest
Principal54%$211,999
Interest46%$178,559
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Waterloo
Other 1–3 bed homes for sale in Waterloo around $265K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio100.0%On average, homes sold at or above asking.
Active listings410Homes for sale here right now.
Median vs prior 90 days−3.7%Compared with Apr 30 – Jul 29, 2026: prices down.
Based on 434 sales from Jul 29 – Oct 27, 2026 (305 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
4 for sale · 3 for rent at 250 Albert St — plus its sale and lease history.
250 Albert St #615 is listed at $264,999 (MLS® X13775830). Summitly updates the price as soon as the MLS® record changes.
Has the price of 250 Albert St #615 changed?
Yes — it was first listed at $269,500 and is now $264,999, a drop of $4,501 (1.7%).
How many bedrooms and bathrooms does 250 Albert St #615 have?
250 Albert St #615 has 1 bedroom and 1 bathroom, with about 0–499 square feet of living space. It is a condo in Waterloo.
Is 250 Albert St #615 close to transit?
The nearest rapid-transit station is Laurier - Waterloo Park Station (ION), about 710 m (about a 9-minute walk) in a straight line. University of Waterloo Station is about 740 m (about a 9-minute walk), and Research and Technology Station is about 1.2 km (about a 15-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 250 Albert St #615?
About $1,302 a month — principal and interest on $264,999 with 20% down ($53,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 250 Albert St #615 compare with other homes in Waterloo?
Its asking price of $264,999 is about 61% below the median sold price in Waterloo over the last 90 days, $685,500, across 434 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 250 Albert St #615 been sold before?
Summitly has no earlier MLS® sale or lease of 250 Albert St #615 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 250 Albert St #615?
250 Albert St #615 is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 250 Albert St #615 been on the market?
45 days — 250 Albert St #615 was listed on September 12, 2026.
What is the price per square foot of 250 Albert St #615?
About $531 per square foot: the asking price of $264,999 over the 0–499 sq ft the listing gives.
Does 250 Albert St #615 have a basement, and is it finished?
The listing says 250 Albert St #615 has no basement.
What is the land transfer tax on 250 Albert St #615?
About $2,450 in Ontario land transfer tax at the asking price of $264,999. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
