253 Albert St #216, Waterloo

Name: 253 Albert Street, Unit 216
SKU: X13776606
Price: 300000 CAD
Availability: InStock

2 Bed, 1 Bath Condo in Waterloo

Unit 216 at 253 Albert Street

Discover premium off-campus living at Ivy Towns, located at 253 Albert Street in the heart of Waterloo's university district. Just a five-minute walk to both Wilfrid Laurier University and the University of Waterloo, this stylish One-bedroom plus Den, two-bathroom condo offers approximately 739 sq. ft. of thoughtfully designed space. The bright, open-concept layout is highlighted by floor-to-ceiling windows that fill the unit with natural light, while modern finishes such as granite countertops, stainless steel appliances, and convenient in-suite laundry create a comfortable and contemporary atmosphere. Residents can also enjoy excellent on-site amenities, including a rooftop patio and garden - perfect for studying, relaxing, or socializing during warmer months. Ideal for students or young professionals seeking a prime location and quality living.

2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $429 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 253 Albert St #216

Every detail from the listing, in one place.

Type: Condo
Style: 1 Storey/Apt
Living space: 700-799 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: 1 Storey/Apt
Property class: Condo Apartment

253 Albert St #216 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Sep 10, 2026For saleListedThis listingMLS® X13776606$300,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 253 Albert St #216 Compares to the Waterloo Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 723 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Waterloo market, last 90 days

Median sold price: $685,500
Average sold price: $751,554
Average days on market: 32
Homes sold: 436

Closed sales on the TRREB MLS®.

Full Waterloo market report

Market pulse · Waterloo

Waterloo market

Median sold price$685,500Last 90 days
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 listings399Homes for sale here right now.
Median vs prior 90 days−2.9%Compared with May 1 – Jul 30, 2026: prices down.

Based on 436 sales from Jul 30 – Oct 28, 2026 (304 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Waterloo

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 216 — 253 Albert Street 2 bd · 1 ba · 700 sqft	$300,000asking	$429	—	—
15 Devitt Avenue 1 bd · 1 ba · 600 sqft
191 King Street 2 bd · 2 ba · 900 sqft
101 Golden Eagle Road 2 bd · 2 ba · 700 sqft
308 Lester Street 1 bd · 1 ba
251 Northfield Drive 1 bd · 1 ba · 500 sqft
55 Blue Springs Drive 2 bd · 2 ba · 1,200 sqft

15 Devitt Avenue
1 bd · 1 ba · 600 sqft
191 King Street
2 bd · 2 ba · 900 sqft
101 Golden Eagle Road
2 bd · 2 ba · 700 sqft
308 Lester Street
1 bd · 1 ba
251 Northfield Drive
1 bd · 1 ba · 500 sqft
55 Blue Springs Drive
2 bd · 2 ba · 1,200 sqft

More in this building

2 for sale · 2 for rent at 253 Albert St — plus its sale and lease history.

See all of 253 Albert St

Living in Waterloo: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

University of Waterloo StationION690 m9 min walk
Laurier - Waterloo Park StationION720 m9 min walk
Research and Technology StationION1.2 km15 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

University of Waterloo Station (ION)9 min walk
Laurier - Waterloo Park Station (ION)9 min walk
Research and Technology Station (ION)15 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

University of Waterloo Station
690 m9 minClosest· ION
Homes near University of Waterloo Station
Laurier - Waterloo Park Station
720 m9 min· ION
Homes near Laurier - Waterloo Park Station
Research and Technology Station
1.2 km15 min· ION
Homes near Research and Technology Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 253 Albert St #216. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 253 Albert St #216

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $1,474; 20% down · 25 years · 5.5% assumed
Property tax: $165; 0.66% mill rate · ON
Total per month: $1,639; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$1,474

/mo

based on the purchase price of $300,000

Down payment20%

$60,000 cash

Amortization25 yr

$240,000 financed

Rate5.50%

$202,143 total interest

Principal54%$240,000

Interest46%$202,143

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

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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Questions About 253 Albert St #216

How much is 253 Albert St #216 listed for?

253 Albert St #216 is listed at $300,000 (MLS® X13776606). Summitly updates the price as soon as the MLS® record changes.

Is $300,000 a good price for 253 Albert St #216?

Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Waterloo. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 253 Albert St #216 changed?

No — 253 Albert St #216 is still listed at its original asking price of $300,000.

How many bedrooms and bathrooms does 253 Albert St #216 have?

253 Albert St #216 has 2 bedrooms and 1 bathroom, with about 700–799 square feet of living space. It is a condo in Waterloo.

Is 253 Albert St #216 close to transit?

The nearest rapid-transit station is University of Waterloo Station (ION), about 690 m (about a 9-minute walk) in a straight line. Laurier - Waterloo Park Station is about 720 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 253 Albert St #216?

About $1,474 a month — principal and interest on $300,000 with 20% down ($60,000), 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 253 Albert St #216 compare with other homes in Waterloo?

Its asking price of $300,000 is about 56% below the median sold price in Waterloo over the last 90 days, $685,500, across 436 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 253 Albert St #216 been sold before?

Summitly has no earlier MLS® sale or lease of 253 Albert St #216 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 253 Albert St #216?

253 Albert St #216 is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 253 Albert St #216 been on the market?

48 days — 253 Albert St #216 was listed on September 10, 2026.

What is the price per square foot of 253 Albert St #216?

About $375 to $429 per square foot: the asking price of $300,000 over the 700–799 sq ft the listing gives as its size range.

Does 253 Albert St #216 have a basement, and is it finished?

The listing says 253 Albert St #216 has no basement.

What you should know