$499,950

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

Yesterday

$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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$499,950

Waterloo

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Description

Location Location Location! Presenting a spacious luxury condominium in the heart of Waterloo.This prime location offers proximity to Wilfrid Laurier University, University of Waterloo, Hospital, Spur line trail, LTR, and Highway 85, Close proximity to All the bars and Restaurants. 2 Bed 2 Bathrooms, 1 parking, 932sqft Modern Kitchen W/Stainless Steel Appliances, Quartz Countertop, built-in microwave & vinyl flooring throughout. Master W/Walk in closet, 2nd bedroom w/closet, Highly upgraded with amazing layout, an-suite laundry, dedicated furnace & water heater. Open concept living & dining, walk out to open balcony. Abundant natural light close to great schools, the Go train, public transit, shopping, dining, hospitals, and parks, bike rack.Must view this beautiful upgraded unit. (id:66096)

Property Details

MLS®: X13031438
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $502/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,492.51/yr
Listed: 197 days ago

Rooms

Main level

Living room: 4.41 x 3.81 meters
Kitchen: 3.2 x 3.81 meters
Primary Bedroom: 3.81 x 3.2 meters
Bedroom 2: 3.2 x 2.89 meters
Dining room: 4.14 x 3.81 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

197d

Waterloo listings, avg age

67d

List price

$500K

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 (N2J)

This home lists at $499,950, about 6.7× the local median household income of $74,500.

Carrying it typically needs a household income of about $97,658 (20% down, 25-yr amortization, stress-tested) — roughly 31% above 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)

$499,950

For sale

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Full Cost Breakdown

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Down Payment5% · $24,997.50

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,998 capitalized)

Property tax (est.)$374/mo

Condo fee$502/mo

Total monthly$3,510

Cash Needed to Close

Down payment (5%)$24,998

Land transfer tax$6,474

Est. closing costs$4,000

Total cash needed$35,472

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

Rental cashflow calculator

#204 103 Rogers Street, Waterloo - Single Family for Sale

Description

Property Details

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Nearby Places

Neighbourhood profile (N2J)

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