#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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$309,000

Waterloo

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$309,000

For sale

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#215 318 Spruce Street, Waterloo - Single Family for Sale

#215 318 Spruce Street, Waterloo, Ontario, N2L0E9

1 bed1 bath0 parking850 ft²$499/mo condo feeListed 14 days ago

Overview

This 1-bedroom, 1-bathroom condo in Waterloo is for sale offering roughly 850 sq ft of space. Listed at $309,000, it is attractively priced about 28% below the $429,900 median asking price in Waterloo. It has been on the market 14 days, fresher than the Waterloo average of 67 days.

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

Description

Welcome to this bright and spacious 807 sq. ft. one bedroom plus den condo ideally situated just a 5-minute walk to Wilfrid Laurier University and Conestoga College, and only a 5-minute ride to the University of Waterloo. This is an exceptional opportunity whether you are an investor looking for a high-demand rental property, a student, or a young professional. Boasting carpet-free laminate floors and expansive windows that flood the space with natural light, this functional layout features a modern kitchen with stainless steel appliances, complemented by a 4-piece bathroom and in-suite laundry. Residents can also enjoy fantastic building amenities, including a gym, bike storage, a party room and visitor parking. Ready for immediate move-in or rental with TV and furniture included. Within easy walking distance to public transit, shopping, restaurants, and everyday essentials, this condo offers comfortable and convenient living in a prime Waterloo location! (id:66096)

Property Details

MLS®: X14102456
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $499/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $4,182.2/yr
Listed: 14 days ago

Rooms

Main level

Living room: 4.45 x 2.29 meters
Dining room: 2.77 x 1.91 meters
Kitchen: 4.09 x 1.73 meters
Bedroom: 2.9 x 2.62 meters
Den: 2.72 x 2.31 meters

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, Stove, Range, Dryer, Microwave, Blinds
Flooring: Laminate
Exterior: Concrete, Brick
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

Waterloo listings, avg age

67d

Price / ft²

$364

List price

$309K

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 14 days, which is 53 days fresher than the city average of 67. Act while there is still low competition.

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Listed by RE/MAX WEST REALTY INC. · GINA RISI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2L)

This home lists at $309,000, about 4.4× the local median household income of $69,500.

Carrying it typically needs a household income of about $60,359 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$309,000· $364/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $15,450

Min 5%50%

Mortgage payment$1,627/mo

↳ CMHC premium ($11,742 capitalized)

Property tax (est.)$349/mo

Condo fee$499/mo

Total monthly$2,475

Cash Needed to Close

Down payment (5%)$15,450

Land transfer tax$3,110

Est. closing costs$3,427

Total cash needed$21,987

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