$419,900
643 ALBERT Street Unit# 2
Beds
3
Baths
2.1
Sqft
—
Year
1974
About this home
Amazing location—perfect for a first-time home buyer, a parent with a student attending one of the nearby universities, or an investor looking for strong cash flow. This home is freshly painted and located in a desirable complex close to both universities and right on a major bus route. Condo townhouse with a garage that has inside entry, parking for two cars, and visitor parking. This home features 3 spacious bedrooms, updated electrical panel, a newer kitchen, and a dining area that walks out to a private back patio. With low condo fees and an affordable price, this is a great opportunity to own in a thriving, fast-growing city. Come take a look! (id:65958)
- Subtype
- Single Family
- Architectural style
- 2 Level
- MLS#
- 40821133
- Area
- WATERLOO
Cash on cash
-8.26%
Cap rate
4.24%
GRM
14.6
Break-even rent
$3,009
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 15, 2026.