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For Sale

338 Albert Street 216 #216

Waterloo, ON
$579,900
3Bd
3Ba
1,700+sqft
1Parking
$341/sqft
Condo TownMLS# X13164820Listed 2026-05-2213 DOM
Cooling
Central Air

About this home

Experience the perfect blend of modern comfort, convenience, and investment potential in this spacious upper-level stacked condo at Ivy Towns 3 by IN8 Developments. Offering 1,777 sq. ft. across two thoughtfully designed levels, this 3-bedroom, 3-bathroom home-complete with a versatile den that can easily serve as a fourth bedroom-caters beautifully to investors, students, and professionals alike. The main floor features durable porcelain and laminate flooring, a bright open-concept living and dining area, and a stylish kitchen with stainless steel appliances and granite countertops, complemented by two private balconies for added outdoor enjoyment. Upstairs, you'll find three generously sized bedrooms and two full four-piece bathrooms, providing ample space and comfort. Additional perks include in-suite laundry, 9 ft ceilings, and an exclusive surface parking spot conveniently located near the entrance. Built in 2018 and exceptionally well maintained, this fully furnished unit offers a true turnkey opportunity with strong rental appeal. Ideally situated within a 10-minute walk to Wilfrid Laurier University, the University of Waterloo, Conestoga College's Waterloo campus, Uptown Waterloo, Waterloo Park, Conestoga Mall, and the LRT at UW Station, this property delivers unmatched accessibility and lifestyle convenience. Priced to Sell.

Rooms

Main Floor
Kitchen4.89 × 2.29 m
Living Room4.89 × 3.29 m
Dining Room4.89 × 2.75 m
Second Floor
Den2.90 × 4.49 m
Bedroom3.78 × 2.80 m
Bedroom3.70 × 3.77 m
Bedroom2.90 × 3.76 m
Study2.90 × 4.47 m

Features

  • Carpet Free
  • Full
  • Central Air
  • 2-Storey

Financials

Annual Taxes
$5,069

Estimated Rental Income

Entire property$3,200 – $4,200/mo
Rental yield6.6% – 8.7%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Waterloo

Days on market13 days
Buyer's MarketSeller's Market

Based on active listings in Waterloo. Data updates daily.

Our estimate for this home

Priced 12.0% below estimate
Estimated range
$610K$709K
Mid-point $659K · ~$388/sqft
How this listing compares
$610KList · $580K$709K
High confidence·Based on 52 waterloo comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. 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. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$579,900
338 Albert Street 216, Waterloo
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