Welcome to Unit 103 at 253 Albert Street, Waterloo: Modern Living in the Heart of the University District! Experience this exceptional main-floor condominium located in one of Waterloo's most sought-after buildings. Nestled in the vibrant university district, this beautifully maintained 1-bedroom, 1 Bathroom residence offers an outstanding opportunity for Students, young professionals and investors alike. From the moment you step inside, you'll be captivated by the impressive 13-ft ceilings that create a bright, open and airy atmosphere rarely found in condominium living. The thoughtfully designed kitchen offers ample cabinetry and a functional layout ideal for everyday living and entertaining. Overlooking the main living area, it provides a seamless flow that makes hosting family and friends effortless. One of the standout features of this home is the rare 1.5-bathroom layout, offering added convenience and privacy for residents and guests. The spacious primary bedroom provides a comfortable retreat and enjoys direct access to the private outdoor patio. Step outside to your own fenced patio oasis, accessible through walkouts from both the living room and bedroom. Whether you're enjoying your morning coffee, reading a book, or unwinding after a long day, this private outdoor space offers a peaceful extension of your living area. Additional highlights include in-suite laundry, modern finishes and access to the building's rooftop terrace: an ideal space to relax, socialize and take in the surrounding city views. Situated just a walking distance from Wilfrid Laurier University and University of Waterloo, this property places you at the centre of everything: Restaurants, cafes, grocery stores, shopping and public transit are all just steps from your door. Don't miss your chance to own this rare and stylish condo offering exceptional location, impressive living space and outstanding investment potential in the heart of Waterloo. Book your showing Today!
1 bedroom, 1 bathroom, about 700 sq ft, works out to roughly $421 per square foot, 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 253 Albert St #103
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
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
Apartment
Property class
Condo Apartment
253 Albert St #103 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14104358$295,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 253 Albert St #103 Compares to the Waterloo Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$1,449
/mo
based on the purchase price of $295,000
$59,000 cash
$236,000 financed
$198,774 total interest
Principal54%$236,000
Interest46%$198,774
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.
For homeowners nearby
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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 $295K.
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 listings403Homes for sale here right now.
Median vs prior 90 days−3.2%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 433 sales from Jul 24 – Oct 22, 2026 (303 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
2 for sale · 2 for rent at 253 Albert St — plus its sale and lease history.
253 Albert St #103 is listed at $295,000 (MLS® X14104358). Summitly updates the price as soon as the MLS® record changes.
Is $295,000 a good price for 253 Albert St #103?
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 #103 changed?
No — 253 Albert St #103 is still listed at its original asking price of $295,000.
How many bedrooms and bathrooms does 253 Albert St #103 have?
253 Albert St #103 has 1 bedroom and 1 bathroom, with about 700–799 square feet of living space. It is a condo in Waterloo.
Is 253 Albert St #103 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 #103?
About $1,449 a month — principal and interest on $295,000 with 20% down ($59,000), 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 #103 compare with other homes in Waterloo?
Its asking price of $295,000 is about 57% below the median sold price in Waterloo over the last 90 days, $689,000, across 433 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 #103 been sold before?
Summitly has no earlier MLS® sale or lease of 253 Albert St #103 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 253 Albert St #103?
253 Albert St #103 is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 253 Albert St #103 been on the market?
2 days — 253 Albert St #103 was listed on October 20, 2026.
What is the price per square foot of 253 Albert St #103?
About $369 to $421 per square foot: the asking price of $295,000 over the 700–799 sq ft the listing gives as its size range.
Does 253 Albert St #103 have a basement, and is it finished?
The listing says 253 Albert St #103 has no basement.
