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133 Albert St
Waterloo, ON N2L 3T2
Multifamily Property For Sale · 4 Units

Investment Highlights

  • Excellent location close to both universities.
  • All bedrooms are above grade.
  • This building is fully rented.

Executive Summary

AAA Location!!! Less than 1 minute walk to the Universities...Deceivingly large, all bedrooms are above average in size, old house character and charm with an addition and updates, not your typical cookie cutter box. Renovated lower unit, very large backyard, lot's of outdoor space, 2 driveways with lot's of parking. Legal fourplex(no License or annual fee required), 15 students total. Always rented!!! Students love this building the two primary things that students are looking for is a nice clean apartment with a good size bedroom, 2nd is to get up and get to school fast with the lease amount of effort. This building has both.

Property Facts

Price Per Unit $326,164 USD
Sale Type Investment
Cap Rate 6.39%
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Building Class B
Building Size 4,757 SF
Average Occupancy 100%
No. Stories 3
Year Built 1914
Parking Ratio 1.68/1,000 SF
Zoning RC-1 - RC-1

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
5+2 3 - 1,567 - 1,854
1+1 1 - 467
  • Listing ID: 37971873

  • Date on Market: 10/7/2025

  • Last Updated:

  • Address: 133 Albert St, Waterloo, ON N2L 3T2

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