Perfect investment opportunity for turn key rental! Unique 2-storey condominium townhouse with TWO parking spots! Largest unit in the complex at 1,940 sq. ft. with 4 bedrooms and 3 full bathrooms. Open concept layout with large windows, 3 juliette balconies, modern finishes, new flooring and pot lights. Kitchen with granite counters, stainless appliances and ample cupboard space. Primary bedroom with 4 piece ensuite, convenient upper-level laundry. Furniture & window coverings included. Condo fees include high-speed internet & water. Great opportunity for students & parents to invest! Under 10 minutes walking distance to Laurier & Waterloo University campuses. Steps to a variety of restaurants & shops. Vacant. Immediate possession available.
4 bedrooms, 3 bathrooms, about 1,800 sq ft, works out to roughly $333 per square foot. Chat with Zara if you'd like a deeper read on whether this condo townhouse fits your budget and timing.
Inside 288 Albert St #208
Every detail from the listing, in one place.
Type
Condo Townhouse
Style
2-Storey
Living space
1800-1999 sq ftas stated on the listing
Parking
2 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Condo Townhouse
288 Albert St #208 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13161030$599,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 288 Albert St #208 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
$2,947
/mo
based on the purchase price of $599,900
$119,980 cash
$479,920 financed
$404,219 total interest
Principal54%$479,920
Interest46%$404,219
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 3–4 bed homes for sale in Waterloo around $600K.
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 listings406Homes for sale here right now.
Median vs prior 90 days−4.2%Compared with Apr 29 – Jul 28, 2026: prices down.
Based on 439 sales from Jul 28 – Oct 26, 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
2 for sale · 4 for rent at 288 Albert St — plus its sale and lease history.
288 Albert St #208 is listed at $599,900 (MLS® X13161030). Summitly updates the price as soon as the MLS® record changes.
Is $599,900 a good price for 288 Albert St #208?
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 288 Albert St #208 changed?
No — 288 Albert St #208 is still listed at its original asking price of $599,900.
How many bedrooms and bathrooms does 288 Albert St #208 have?
288 Albert St #208 has 4 bedrooms and 3 bathrooms, with about 1,800–1,999 square feet of living space. It is a condo townhouse in Waterloo.
Is 288 Albert St #208 close to transit?
The nearest rapid-transit station is University of Waterloo Station (ION), about 740 m (about a 9-minute walk) in a straight line. Laurier - Waterloo Park Station is about 910 m (about a 11-minute walk), and Research and Technology Station is about 1.0 km (about a 13-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 288 Albert St #208?
About $2,947 a month — principal and interest on $599,900 with 20% down ($119,980), 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 288 Albert St #208 compare with other homes in Waterloo?
Its asking price of $599,900 is about 12% below the median sold price in Waterloo over the last 90 days, $685,000, across 439 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 288 Albert St #208 been sold before?
Summitly has no earlier MLS® sale or lease of 288 Albert St #208 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 288 Albert St #208?
288 Albert St #208 is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 288 Albert St #208 been on the market?
157 days — 288 Albert St #208 was listed on May 22, 2026.
What is the price per square foot of 288 Albert St #208?
About $300 to $333 per square foot: the asking price of $599,900 over the 1,800–1,999 sq ft the listing gives as its size range.
