#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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$249,900

Waterloo

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$249,900

$265,000For salePrice drop↓ $15,100 (6%)

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#102 321 SPRUCE Street, Waterloo - Single Family for Sale

#102 321 SPRUCE Street, Waterloo, Ontario, N2L0G4

2 beds2 baths982 ft²$1,208/mo condo feeListed 77 days ago

Overview

This 2-bedroom, 2-bathroom condo in Waterloo is for sale offering roughly 982 sq ft of space.

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

Description

Exceptional Investment Opportunity - Prime Location Near Top Universities! Just steps from University of Waterloo, Wilfrid Laurier University, and Conestoga Collage. Offering nearly 1,000 sq. ft. of modern living space over 2 levels, this spacious 1-bedroom suite can easily be converted into a 2-bedroom layout, maximizing your rental income or personal living space. The unit also features a separate entrance, offering added flexibility and privacy. Highlights include: Keyless entry for added security and convenience High-end laminate flooring throughout Weekly housekeeping services available - enjoy the comfort of hotel-style living Vacant and move-in ready - start earning rental income immediately With high income potential and location that's perfect for students and professionals alike, this property is ideal for investors or first-time buyers looking for exceptional value. ?? Location, layout, and lifestyle - this unit has it all. Act fast before it's gone! (id:66096)

Property Details

MLS®: 40856998
Property Type: Single Family
Zoning: GR
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Interior Size: 982 ft²
Year Built: 2017
Storeys: 6
Style: Other
Basement: Finished, Full
Heating: Forced air
Cooling: Central air conditioning
Garage: Attached Garage, None
Condo Fee: $1,208/mo
Ownership: Condo/Strata
Property Tax: $4,506.23/yr
Listed

Rooms

Lower level

3pc Bathroom
Den: 8'7'' x 10'5''
Kitchen: 7'11'' x 10'6''

Main level

3pc Bathroom
Primary Bedroom: 7'11'' x 13'1''
Living room: 11'1'' x 11'3''

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

Features

Exterior: Concrete, Brick
Lot Features: Balcony, Paved driveway, No Pet Home

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

77d

Waterloo listings, avg age

67d

Price / ft²

$254

List price

$250K

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 2-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 Coldwell Banker Peter Benninger Realty · Gregory Scheel

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2L)

This home lists at $249,900, about 3.6× the local median household income of $69,500.

Carrying it typically needs a household income of about $48,814 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$249,900· $254/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $12,495

Min 5%50%

Mortgage payment$1,316/mo

↳ CMHC premium ($9,496 capitalized)

Property tax (est.)$376/mo

Condo fee$1,208/mo

Total monthly$2,900

Cash Needed to Close

Down payment (5%)$12,495

Land transfer tax$2,224

Est. closing costs$3,250

Total cash needed$17,969

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