Great opportunity for a 3 Bedroom + Den Unit. 3 Full Bathrooms. Fully Furnished as seen, including living, dining rooms, Beds, TV, Internet included in maintenance fees. 1 Surface Parking. Recently Cleaned & Paint freshened. Upper Bright & Spacious unit, Appx. 1,787 Square Feet as per MPAC. Prime Location, close to University yet quieter neighbourhood. Easy access to most conveniences & transportation. Low Maintenance Fees include: Internet, Common Elements, Water & Parking. Very desirable location. Ready to rent out/occupy. Priced to sell. Dare to compare !
3 bedrooms, 3 bathrooms, about 1,600 sq ft, works out to roughly $368 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo townhouse fits your budget and timing.
Inside 288 Albert St #216
Every detail from the listing, in one place.
Type
Condo Townhouse
Style
Stacked Townhouse
Living space
1600-1799 sq ftas stated on the listing
Parking
1 space
Basement
None
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Stacked Townhouse
Property class
Condo Townhouse
288 Albert St #216 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13813062$588,800
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 288 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.
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
$2,893
/mo
based on the purchase price of $588,800
$117,760 cash
$471,040 financed
$396,739 total interest
Principal54%$471,040
Interest46%$396,739
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 $589K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio100.1%On average, homes sold at or above asking.
Active listings377Homes for sale here right now.
Median vs prior 90 days−1.7%Compared with May 5 – Aug 3, 2026: prices down.
Based on 427 sales from Aug 3 – Nov 1, 2026 (295 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 #216 is listed at $588,800 (MLS® X13813062). Summitly updates the price as soon as the MLS® record changes.
Is $588,800 a good price for 288 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 288 Albert St #216 changed?
No — 288 Albert St #216 is still listed at its original asking price of $588,800.
How many bedrooms and bathrooms does 288 Albert St #216 have?
288 Albert St #216 has 3 bedrooms and 3 bathrooms, with about 1,600–1,799 square feet of living space. It is a condo townhouse in Waterloo.
Is 288 Albert St #216 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 #216?
About $2,893 a month — principal and interest on $588,800 with 20% down ($117,760), 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 #216 compare with other homes in Waterloo?
Its asking price of $588,800 is about 16% below the median sold price in Waterloo over the last 90 days, $700,000, across 427 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 #216 been sold before?
Summitly has no earlier MLS® sale or lease of 288 Albert St #216 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 288 Albert St #216?
288 Albert St #216 is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 288 Albert St #216 been on the market?
40 days — 288 Albert St #216 was listed on September 22, 2026.
What is the price per square foot of 288 Albert St #216?
About $327 to $368 per square foot: the asking price of $588,800 over the 1,600–1,799 sq ft the listing gives as its size range.
