#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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$545,000

Waterloo

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$545,000

For sale

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#113 288 Albert Street, Waterloo - Single Family for Sale

#113 288 Albert Street, Waterloo, Ontario, N2L0G9

5 beds3 baths1 parking1,700 ft²$582/mo condo feeListed 34 days ago

Overview

This 5-bedroom, 3-bathroom condo in Waterloo is for sale offering roughly 1,700 sq ft of space. It has been on the market 34 days, fresher than the Waterloo average of 67 days.

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

Description

TURN KEY! Fully Furnished, Freshly Painted Investment Steps from University of Waterloo, and Laurier University! Potential Positive Cashflow with Rent and Low Vacancy Rate due to student housing demand for Universities. COMES WITH 1 PARKING SPOT! Main Floor, Corner unit, with Three Bedrooms, Three FULL Washrooms, Large Main Floor Den, along with another lower level study Area, with 1 Surface Level Parking, Ensuite Laundry. Each Bedroom comes Fully Equipped with Bed Frame, Mattress, Side Table, and Study Desk. Open Concept Living, and Dinning with TV, Sofas and Dinning Table Set. Large U-Shaped Kitchen with stainless steel appliances, Quarts Counter Tops/Backsplash and Bar Stool Seating. Main Floor Den Also Comes with Sofas, TV, and Storage Cabinet. Must See, Everything in the Unit comes with it! Perfect for if you or a loved one will be attending University or if you are looking to build your Investment Portfolio. (id:66096)

Property Details

MLS®: X13852700
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 3
Parking: 1
Interior Size: 1,700 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $582/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,779.34/yr
Listed: 34 days ago

Rooms

Main level

Living room: 4.51 x 2.99 meters
Dining room: 3.14 x 2.99 meters
Kitchen: 3.01 x 4.45 meters
Den: 4.5 x 2.99 meters
Bathroom

Lower level

Bathroom
Primary Bedroom: 3.75 x 2.93 meters
Bedroom 2: 3.75 x 2.93 meters
Bedroom 3: 3.75 x 2.93 meters
Study: 3.75 x 2.93 meters
Bathroom

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

Features

Appliances: All, Washer, Dryer, Furniture, Window Coverings
Flooring: Laminate, Ceramic
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

34d

Waterloo listings, avg age

67d

Price / ft²

$321

List price

$545K

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 has been listed for 34 days, which is 33 days fresher than the city average of 67. Act while there is still low competition.

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Listed by REALTY WEALTH GROUP INC. · HAMZA AWAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2L)

This home lists at $545,000, about 7.8× the local median household income of $69,500.

Carrying it typically needs a household income of about $106,458 (20% down, 25-yr amortization, stress-tested) — roughly 53% 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)

$545,000· $321/ft²

For sale

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Full Cost Breakdown

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Down Payment5.41% · $29,500

Min 5.41%50%

Mortgage payment$2,858/mo

↳ CMHC premium ($20,620 capitalized)

Property tax (est.)$398/mo

Condo fee$582/mo

Total monthly$3,838

Cash Needed to Close

Down payment (5.41%)$29,500

Land transfer tax$7,375

Est. closing costs$4,135

Total cash needed$41,010

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