288 Albert Street 113, Waterloo

$545,000
288 Albert Street 113

$545,000

New
22d
Condo TownhouseStacked Townhouse

288 Albert Street 113, Waterloo

Total Monthly Obligation $3,379

HausQ Valuation Report
Bed+Den
5+2
Baths
3
Park
1
Sqft
1600-1799
DOM
22d
Score
80
Yield
32.4%
Cash on Cash
114.2%
Cap Rate
29.1%
5Y IRR
118.6%
10Y IRR
116.6%
Property Type-Condo Townhouse
MLS® Number-X13852700
Bed+Den-5+2
Bathrooms-3
Size-1600-1799 sqft
Listed on site-Oct 1, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Taxes-$4,779.34 (2025)
Maintenance-$582.02/mo
Locker-None
Parking-1 - Surface
Basement-None
Heating-Forced Air (Gas)
Brokerage-REALTY WEALTH GROUP INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Title-Residential Condo & Other

No agent assigned

TURN KEY! Fully Furnished, Freshly Painted Investment Steps from University of Waterloo, and Laurier University! Potential Positive Cashflow with Rent and Low Vacancy Rate due to student housing demand for Universities. COMES WITH 1 PARKING SPOT! Main Floor, Corner unit, with Three Bedrooms, Three FULL Washrooms, Large Main Floor Den, along with another lower level study Area, with 1 Surface Level Parking, Ensuite Laundry. Each Bedroom comes Fully Equipped with Bed Frame, Mattress, Side Table, and Study Desk. Open Concept Living, and Dinning with TV, Sofas and Dinning Table Set. Large U-Shaped Kitchen with stainless steel appliances, Quarts Counter Tops/Backsplash and Bar Stool Seating. Main Floor Den Also Comes with Sofas, TV, and Storage Cabinet. Must See, Everything in the Unit comes with it! Perfect for if you or a loved one will be attending University or if you are looking to build your Investment Portfolio.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$436,000
Land Transfer Taxes$7,375
Legal Fees (Est.)
$
Total cash required for closing$117,875

Total Monthly Obligation

$3,379/mo
Mortgage $2,198
Monthly Loss $2,800
Principal$579
Interest$1,620
Property Tax$398
Condo Fees$582
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
26.5%100
Cash-on-Cash
100.9%100
5-Year IRR
106.5%100
10-Year IRR
104.4%
Returns Index
100.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeA
80/ 100
Good•Buy

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$176,388/yr
NOI
$144,586/yr
Net Cash Flow
$9,850/mo
Cash Margin
67.0%100
Cash Flow Index
100.0/ 100
Risk Profile
Weight: 20%
DSCR
5.48100
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo39
Risk Index
52.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 288 Albert Street 113

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.