#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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$550,000

Waterloo

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$550,000

For sale

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#114 338 Albert Street, Waterloo - Single Family for Sale

#114 338 Albert Street, Waterloo, Ontario, N2L3T8

3 beds3 baths1 parking750 ft²$596/mo condo feeListed 43 days ago

Overview

This 3-bedroom, 3-bathroom condo in Waterloo is for sale offering roughly 750 sq ft of space. It has been on the market 43 days, fresher than the Waterloo average of 67 days.

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Description

Welcome to Ivy Towns 3 by IN8 Developments, a spacious and modern stacked condo ideally suited for investors, students, or those looking for a low-maintenance home in a prime Waterloo location. This bright two-level unit offers approximately 1,600 sq. ft. of thoughtfully designed living space, featuring three bedrooms, three bathrooms, plus a versatile den/study that could easily function as a fourth bedroom. The open-concept layout provides comfortable living and dining areas, complemented by durable porcelain and laminate flooring throughout, in-suite laundry, and a private balcony. One exclusive parking space is included. Built in 2018 and well maintained, the unit is currently vacant, offering immediate possession and excellent flexibility for an investor. Condo fees include water and WiFi. Located within approximately a 10-minute walk of both Wilfrid Laurier University and the University of Waterloo, with easy access to Conestoga College's Waterloo campus, Uptown Waterloo, Waterloo Park, Conestoga Mall, and the LRT at UW Station. A fantastic opportunity to own a spacious, turnkey property in a highly sought-after university community. (id:66096)

Property Details

MLS®: X13817356
Property Type: Single Family
Zoning: RN-6
Bedrooms: 3
Beds (above / below): 0 above · 3 below
Bathrooms: 3
Parking: 1
Interior Size: 750 ft²
Storeys: 2
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $596/mo
Fee Includes: Water, Insurance
Ownership: Condo/Strata
Property Tax: $4,779.34/yr
Listed

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Exterior: Brick, Vinyl siding
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

43d

Waterloo listings, avg age

67d

Price / ft²

$734

List price

$550K

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 3-bed single family in Waterloo has been listed for 43 days, which is 24 days fresher than the city average of 67. Act while there is still low competition.

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Listed by CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD · LEE S. QUAILE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2L)

This home lists at $550,000, about 7.9× the local median household income of $69,500.

Carrying it typically needs a household income of about $107,434 (20% down, 25-yr amortization, stress-tested) — roughly 55% 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)

$550,000· $734/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $30,000

Min 5.45%50%

Mortgage payment$2,883/mo

↳ CMHC premium ($20,800 capitalized)

Property tax (est.)$398/mo

Condo fee$596/mo

Total monthly$3,878

Cash Needed to Close

Down payment (5.45%)$30,000

Land transfer tax$7,475

Est. closing costs$4,150

Total cash needed$41,625

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