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250 Albert Street 105&106

Waterloo, N2L 3T6

$689,900

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Listed 140 days ago · MLS® X13228088

About this home

Prime Retail Space In The Heart Of Waterloo. Extremely Close Proximity To Both Wilfrid Laurier University & The University Of Waterloo. Steps To The University Ave!! Exciting Opportunity To Invest In A Newer Mixed Use Condo Building. Unit Features Include Floor To Ceiling Windows, High Ceilings & Vanilla Shell Direct Street Exposure. Would Suit Many Uses Both Retail And Professional. Two parking spots included. Sold "As-is" because the tenant is still occupying the unit. Unit 105 and 106 are connected and the owners prefer to sell both units together. **EXTRAS** Currently renting to a barbershop until 2029 Feb 29th for 5798.56/m gross rent. The base rent is 38/sqft, TMI is 28.56. Condo fee: 925.25/m

Details

Type
Commercial Retail
Age
New
Garage
Covered
Property tax
$8,328 (2025)
Municipality
Waterloo

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes
Water and sewer
Sanitary+Storm
Utilities
Yes

Building and exterior

Age
New
Building area
926 Square Feet

More

Possession
Flexible with tenant
Cross street
University Ave And King St N.
Business type
Health & Beauty Related

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Very walkable

  • 🚇 University of Waterloo LRT11 min walk
  • 🚇 Laurier - Waterloo Park LRT11 min walk

Within a 10-minute walk: 3 grocery stores, 101 cafés and restaurants, 7 parks, 2 pharmacies. Nearest grocery: India Food and Grocery (250 m). Nearest park: Sunview park (150 m).

Schools nearby

Elementary

  • Winston Churchill Public School
    EQAO: Gr 6 reading 88%, math 56%    1.2 km
  • Our Lady of Lourdes Catholic Elementary School Catholic
    EQAO: Gr 6 reading 83%, math 45%    1.9 km
  • École élémentaire L'Harmonie French
    EQAO: Gr 6 reading 90%, math 79%    1.9 km
  • Keatsway Public School
    EQAO: Gr 6 reading 84%, math 50%    2.0 km

Secondary

  • Waterloo Collegiate Institute
    EQAO: Gr 9 math 57%, literacy test 85%    8 min walk
  • MacGregor Public School12 min walk
  • St. David Catholic Secondary School Catholic
    EQAO: Gr 9 math 67%, literacy test 97%    16 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N2L

Owners / renters
37% / 63%
Median household income
$69,500
Average age
37
Children under 15
11%
Homes
29% detached, 40% high-rise
Commute by transit
12%
Population
37,953

Languages spoken most at home besides English: Mandarin 5.5%, Arabic 1.4%, Hindi 0.9%, Punjabi (Panjabi) 0.9%.

Safety

Crime Severity Index for Waterloo Region (Kitchener) police: 67 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Kitchener: 4 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by REAL ONE REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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