Ivy Towns

Ivy Towns is a modern low-rise apartment condominium built in 2016, located at 253 Albert Street in Waterloo's vibrant university district, just steps from both Wilfrid Laurier University and the University of Waterloo. The four-storey building contains a mix of one- to two-bedroom units averaging around 900 square feet. Recent sales have averaged roughly $432,000, with monthly condo fees averaging around $642 and running approximately $0.75 per square foot, covering heat, water, hydro, and building insurance. Units feature high ceilings, open-concept layouts, granite countertops, stainless steel appliances, and in-suite laundry, with rooftop patio access. Rental rates average around $2,200 monthly. Before committing to purchase, have a lawyer review the status certificate, reserve fund study, budget, financial statements, board minutes, and by-laws to ensure full disclosure of the building's condition and obligations.