$589,000

For sale

#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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$589,000

Waterloo

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Description

Experience one of Waterloo's largest and most dynamic modern living developments. This ICON 330 -South building-10th floor spacious unit has 3 BEDROOMS, 1 EXCLUSIVE Owned GARAGE PARKING SPOT, 1 Storage LOCKER. Amazing sunset views from most windows and All bedrooms have windows. The bedrooms are fully furnished for your convenience. The sleek, modern kitchen is equipped with quartz countertops, stainless steel appliances, ample cabinetry, and a stylish island . The spacious living room has a fabulous view with floor to ceiling windows. In-suite laundry is a bonus! Experience the benefits of living at ICON with everything you could ever need located under one roof. Fully equipped games room, state of the art gym, Yoga studio, basketball court, Social lounge, Theatre, Rooftop patio, Private meeting rooms and business centre. Concierge and 24 hour security. The bonus of living on the 10th floor is that you have access to all the elevators and can easily walk to amenities and to the North building. This is a prime opportunity for investors or parents of WLU/UW students-live in one room and rent out the other 2 bedrooms plus a rentable parking spot! You will be impressed with Elevated Student Living at the ICON 330 (id:66096)

Property Details

MLS®: X13747900
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $581/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $4,626.2/yr
Listed: 61 days ago

Rooms

Main level

Living room: 3.05 x 2.84 meters
Kitchen: 4.63 x 3.24 meters
Primary Bedroom: 3.15 x 2.66 meters
Bedroom 2: 2.8 x 3.15 meters
Den: 2.79 x 2.85 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

61d

Waterloo listings, avg age

67d

Price / ft²

$693

List price

$589K

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.

Area context

Neighbourhood profile (N2L)

This home lists at $589,000, about 8.5× the local median household income of $69,500.

Carrying it typically needs a household income of about $115,052 (20% down, 25-yr amortization, stress-tested) — roughly 66% 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)

$589,000· $693/ft²

For sale

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Full Cost Breakdown

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Down Payment5.76% · $33,900

Min 5.76%50%

Mortgage payment$3,078/mo

↳ CMHC premium ($22,204 capitalized)

Property tax (est.)$386/mo

Condo fee$581/mo

Total monthly$4,044

Cash Needed to Close

Down payment (5.76%)$33,900

Land transfer tax$8,255

Est. closing costs$4,267

Total cash needed$46,422

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator

#1002 330 Phillip Street South, Waterloo - Single Family for Sale

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Neighbourhood profile (N2L)

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