#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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$320,000

Waterloo

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$320,000

For sale

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#1607 181 KING Street South, Waterloo - Single Family for Sale

#1607 181 KING Street South, Waterloo, Ontario, N2J0E7

1 bed1 bath590 ft²$508/mo condo feeListed 36 days ago

Overview

This 1-bedroom, 1-bathroom condo in Waterloo is for sale offering roughly 590 sq ft of space. Listed at $320,000, it is attractively priced about 26% below the $429,900 median asking price in Waterloo. It has been on the market 36 days, fresher than the Waterloo average of 67 days.

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

Description

**Welcome to Unit 1607 at 181 King Street South, located in the iconic Circa 1877 high-rise in Waterloo's vibrant Bauer District! **This stylish, modern one-bedroom, one-bathroom, and massive RARE outdoor patio 21' x 8', condo offers contemporary urban living in the heart of Uptown Waterloo. **The thoughtfully designed interior features an open living space with living room access to the oversized balcony, perfect for entertaining guests, or enjoying your morning coffee. **A modern kitchen with hidden refrigerator, breakfast island, dishwasher, and built-in oven. **The large open windows allow plenty of natural light with private views of the cityscape. **The unit includes in-suite laundry. **There are exceptional building amenities that include an outdoor swimming pool, fully equipped fitness facilities, a Wi-Fi-enabled business and co-working centre, a covered community BBQ area, lounge, party room, and visitor parking. **Unbeatable Uptown Location ideally situated within walking distance of Waterloo's finest restaurants, boutique shops, and Waterloo Town Square. **Enjoy nearby Waterloo Park, with easy access to public transit connecting you to both the University of Waterloo and Wilfrid Laurier University. **Experience the perfect blend of modern comfort, impressive amenities, and vibrant urban living in one of Waterloo's most sought-after locations! (id:66096)

Property Details

MLS®: 40865936
Property Type: Single Family
Zoning: U2-81
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Interior Size: 590 ft²
Year Built: 2019
Storeys: 1
Style: Other
Basement: None
Heating: Heat Pump, Forced air
Cooling: Central air conditioning
Garage: Underground, Visitor Parking
Condo Fee: $508/mo
Fee Includes: Common Area Maintenance, Landscaping, Property Management, Heat, Insurance
Ownership: Condo/Strata

Rooms

Main level

Kitchen: 11'11'' x 7'5''
Living room: 11'4'' x 13'10''
Bedroom: 9'8'' x 11'2''
4pc Bathroom: 4'10'' x 8'2''

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Dryer, Oven - Built-In
Exterior: Concrete, Brick
Lot Features: Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Waterloo listings, avg age

67d

Price / ft²

$542

List price

$320K

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 1-bed single family in Waterloo has been listed for 36 days, which is 31 days fresher than the city average of 67. Act while there is still low competition.

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Listed by Re/Max Real Estate Centre Inc. · Irfan Gillani

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2J)

This home lists at $320,000, about 4.3× the local median household income of $74,500.

Carrying it typically needs a household income of about $62,507 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $74,500
Population: 20,899
Median age: 36.8
Owner / renter: 53% / 47%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N2J)

$320,000· $542/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $16,000

Min 5%50%

Mortgage payment$1,685/mo

↳ CMHC premium ($12,160 capitalized)

Property tax (est.)$329/mo

Condo fee$508/mo

Total monthly$2,523

Cash Needed to Close

Down payment (5%)$16,000

Land transfer tax$3,275

Est. closing costs$3,460

Total cash needed$22,735

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