#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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$579,000

Waterloo

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$579,000

For sale

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#208 288 ALBERT Street, Waterloo - Single Family for Sale

#208 288 ALBERT Street, Waterloo, Ontario, N2L0G9

4 beds3 baths2 parking1,940 ft²$795/mo condo feeListed 8 days ago

Overview

This 4-bedroom, 3-bathroom condo in Waterloo is for sale offering roughly 1,940 sq ft of space. It has been on the market 8 days, fresher than the Waterloo average of 67 days.

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

Description

Perfect investment opportunity for turn key rental! Unique 2-storey condominium townhouse with TWO parking spots! Largest unit in the complex at 1,940 sq. ft. with 4 bedrooms and 3 full bathrooms. Open concept layout with large windows, 3 juliette balconies, modern finishes, new flooring and pot lights. Kitchen with granite counters, stainless appliances and ample cupboard space. Primary bedroom with 4 piece ensuite, convenient upper-level laundry. Furniture & window coverings included. Condo fees include high-speed internet & water. Great opportunity for students & parents to invest! Under 10 minutes walking distance to Laurier & Waterloo University campuses. Steps to a variety of restaurants & shops. Vacant. Immediate possession available. (id:66096)

Property Details

MLS®: 40874175
Property Type: Single Family
Zoning: RN-6
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 3
Parking: 2
Interior Size: 1,940 ft²
Year Built: 2017
Storeys: 2
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Open
Condo Fee: $795/mo
Fee Includes: Water
Ownership: Condo/Strata
Property Tax

Rooms

Second level

Primary Bedroom: 16'10'' x 11'10''
Den: 11'10'' x 8'11''
Bedroom: 12'9'' x 10'7''
Bedroom: 10'5'' x 10'0''
4pc Ensuite bath: 4'10'' x 8'11''
4pc Bathroom: 4'10'' x 8'11''

Main level

Utility room: 5'2'' x 5'0''
Living room: 10'6'' x 9'3''
Kitchen: 9'1'' x 11'4''
Bedroom: 14'11'' x 11'7''

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Window Coverings, Microwave Built-in
Foundation: Unknown
Exterior: Stucco
Lot Features: Southern exposure, Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Waterloo listings, avg age

67d

Price / ft²

$298

List price

$579K

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 4-bed single family in Waterloo has been listed for 8 days, which is 59 days fresher than the city average of 67. Act while there is still low competition.

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Listed by RE/MAX SOLID GOLD REALTY (II) LTD. · JIM MCINTYRE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2L)

This home lists at $579,000, about 8.3× the local median household income of $69,500.

Carrying it typically needs a household income of about $113,099 (20% down, 25-yr amortization, stress-tested) — roughly 63% 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)

$579,000· $298/ft²

For sale

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Full Cost Breakdown

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Down Payment5.68% · $32,900

Min 5.68%50%

Mortgage payment$3,028/mo

↳ CMHC premium ($21,844 capitalized)

Property tax (est.)$453/mo

Condo fee$795/mo

Total monthly$4,275

Cash Needed to Close

Down payment (5.68%)$32,900

Land transfer tax$8,055

Est. closing costs$4,237

Total cash needed$45,192

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