#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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$300,000

Waterloo

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$300,000

For sale

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#216 253 ALBERT Street, Waterloo - Single Family for Sale

#216 253 ALBERT Street, Waterloo, Ontario, N2L0G3

2 beds2 baths739 ft²$538/mo condo feeListed 55 days ago

Overview

This 2-bedroom, 2-bathroom condo in Waterloo is for sale offering roughly 739 sq ft of space. Listed at $300,000, it is attractively priced about 30% below the $429,900 median asking price in Waterloo. It has been on the market 55 days, fresher than the Waterloo average of 67 days.

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

Description

Discover premium off-campus living at Ivy Towns, located at 253 Albert Street in the heart of Waterloo’s university district. Just a five-minute walk to both Wilfrid Laurier University and the University of Waterloo, this stylish One-bedroom plus Den, two-bathroom condo offers approximately 739 sq. ft. of thoughtfully designed space. The bright, open-concept layout is highlighted by floor-to-ceiling windows that fill the unit with natural light, while modern finishes such as granite countertops, stainless steel appliances, and convenient in-suite laundry create a comfortable and contemporary atmosphere. Residents can also enjoy excellent on-site amenities, including a rooftop patio and garden - perfect for studying, relaxing, or socializing during warmer months. Ideal for students or young professionals seeking a prime location and quality living. (id:66096)

Property Details

MLS®: 40862013
Property Type: Single Family
Zoning: SR2
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Half Baths: 1
Interior Size: 739 ft²
Storeys: 1
Style: Other
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: None
Condo Fee: $538/mo
Fee Includes: Landscaping, Property Management, Water, Insurance
Ownership: Condo/Strata
Property Tax

Rooms

Main level

Laundry room
4pc Bathroom: 5'0'' x 7'6''
2pc Bathroom
Den: 11'0'' x 9'1''
Primary Bedroom: 11'0'' x 10'1''
Kitchen: 10'8'' x 18'11''

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, Dryer, Window Coverings, Microwave Built-in
Exterior: Brick, Hardboard
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

55d

Waterloo listings, avg age

67d

Price / ft²

$406

List price

$300K

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 2-bed single family in Waterloo has been listed for 55 days, which is 12 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., Brokerage · William Prokopowicz

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2L)

This home lists at $300,000, about 4.3× the local median household income of $69,500.

Carrying it typically needs a household income of about $58,601 (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)

$300,000· $406/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $15,000

Min 5%50%

Mortgage payment$1,580/mo

↳ CMHC premium ($11,400 capitalized)

Property tax (est.)$339/mo

Condo fee$538/mo

Total monthly$2,457

Cash Needed to Close

Down payment (5%)$15,000

Land transfer tax$2,975

Est. closing costs$3,400

Total cash needed$21,375

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