#306 384 ERB Street West, Waterloo, Ontario, N2L1W6

For saleJust listed

Today

$375K

#306 384 ERB Street West, Waterloo, Ontario, N2L1W6

2 bd1 ba1 pk1,076 ft²+$925/mo

Listed by RED AND WHITE REALTY INC.

#802 191 KING Street South, Waterloo, Ontario, N2J1R1

For saleJust listed

Today

$419K

#802 191 KING Street South, Waterloo, Ontario, N2J1R1

1 bd2 ba1 pk701 ft²+$482/mo

Listed by Re/Max Real Estate Centre Inc.

#3 641 ALBERT Street, Waterloo, Ontario, N2L3V5

For saleJust listed

Yesterday

$300K

#3 641 ALBERT Street, Waterloo, Ontario, N2L3V5

4 bd2 ba1 pk1,087 ft²+$317/mo

Listed by Royal LePage Wolle Realty

#510 312 Erb Street West, Waterloo, Ontario, N2L0K9

For saleJust listed

Yesterday

$429K

#510 312 Erb Street West, Waterloo, Ontario, N2L0K9

1 bd1 ba1 pk550 ft²+$443/mo

Listed by CENTURY 21 MILLENNIUM INC.

Investment analysis

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$374,900

Waterloo

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$374,900

For sale

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#1 249 CEDARBRAE Avenue, Waterloo - Single Family for Sale

#1 249 CEDARBRAE Avenue, Waterloo, Ontario, N2L4S8

5 beds2 baths1 parking1,043 ft²$493/mo condo feeListed 113 days ago

Overview

This 5-bedroom, 2-bathroom condo in Waterloo is for sale offering roughly 1,043 sq ft of space. Listed at $374,900, it is attractively priced about 13% below the $429,900 median asking price in Waterloo.

Condos for Sale in Waterloo →All real estate in Waterloo →

Description

Wonderful Property in Desirable Waterloo Location with a rental license for 5!!!! Great Investment opportunity! The carpet-free house is on a quiet street, a short walk to the Universities, Shopping stores, and bus routes (bus line 9 just at the corner). 3 Bedrooms on the second floor and two bedrooms in the basement, each bedroom is spacious. The Living Room is Sunny - very bright, and has a hardwood floor. The Kitchen is wide open, has Abundance Cabinets, the common areas are airy, with good-sized windows, and the whole house has a good layout and is well-maintained. Two full baths - one on the second floor, one in the basement. Beautiful front yard, 1 parking spot included at the back of the unit. Updates include a new kitchen with Quartz Countertops (2021), a new bathroom with Quartz Countertops on the 2nd floor (Dec 2024), a Hot Water Heater (2025), and new painting in the basement (2026. Walking Distance To University Of Waterloo! A MUST-SEE house. (id:66096)

Property Details

MLS®: 40847893
Property Type: Single Family
Zoning: GR
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 1
Interior Size: 1,043 ft²
Year Built: 1977
Storeys: 2
Basement: Finished, Full
Heating: Baseboard heaters, Electric
Cooling: None
Garage: Open
Condo Fee: $493/mo
Fee Includes: Common Area Maintenance, Property Management, Water, Insurance, Parking
Ownership: Condo/Strata

Rooms

Basement

Utility room
Laundry room
3pc Bathroom
Bedroom: 9'8'' x 10'10''
Bedroom: 9'8'' x 10'10''

Second level

Bedroom: 9'0'' x 11'2''
4pc Bathroom
Bedroom: 8'7'' x 12'0''
Primary Bedroom: 9'7'' x 15'0''

Main level

Kitchen: 9'5'' x 19'0''
Living room: 9'0'' x 19'4''

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Foundation: Poured Concrete
Exterior: Brick, Aluminum siding
Lot Features: Balcony, Paved driveway

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

113d

Waterloo listings, avg age

67d

Price / ft²

$359

List price

$375K

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 5-bed single family in Waterloo is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by Royal LePage Peaceland Realty · YING JIANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2L)

This home lists at $374,900, about 5.4× the local median household income of $69,500.

Carrying it typically needs a household income of about $73,231 (20% down, 25-yr amortization, stress-tested) — roughly 5% above the area median.

Median household income: $69,500
Population: 37,953
Median age: 29.8
Owner / renter: 37% / 63%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N2L)

$374,900· $359/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,745

Min 5%50%

Mortgage payment$1,975/mo

↳ CMHC premium ($14,246 capitalized)

Property tax (est.)$208/mo

Condo fee$493/mo

Total monthly$2,676

Cash Needed to Close

Down payment (5%)$18,745

Land transfer tax$4,099

Est. closing costs$3,625

Total cash needed$26,469

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