$399,900

For saleJust listed

#217 251 NORTHFIELD Drive East, Waterloo - Single Family for Sale

#217 251 NORTHFIELD Drive East, Waterloo, Ontario, N2K0G9

2 beds2 baths1 parking752 ft²$579/mo condo feeListed 2 days ago

Overview

This 2-bedroom, 2-bathroom condo in Waterloo is for sale offering roughly 752 sq ft of space. Listed at $399,900, it is attractively priced about 7% below the $429,999 median asking price in Waterloo. It has been on the market 2 days, fresher than the Waterloo average of 67 days.

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Description

BEST two bedroom SPLIT FLOORPLAN with all the perks of EASTERN EXPOSURE and the side of the building that faces Colonial Acres Neighbourhood!! *convenient second floor location....scoot up to your unit via the stairwell entrance or enter through the fancy lobby and take the elevator with your guests *Dedicated parking spot right out front of your unit *Condo fee which includes the cost of gas for heating the unit as well as internet and use of the exercise facility (no gym membership needed!) *Split floorplan means one bedroom on each side of the living area...perfect for privacy *Open concept living/dining with trendy flooring, lots of potlights and a sleek white kitchen *Luxury Primary Suite with barn door, walk through closet with custom built ins and updated ensuite with glass shower *Second bedroom with use of additional updated four piece bathroom down the hall *Ensuite Laundry with high end Washer/Dryer included *Stainless Steel Kitchen appliances and Custom Window Coverings Included! Check out the photos! The building amenities are perfect for entertaining and include a fantastic party room, an amazing oudoor terrace with stainless steel barbecues, a gas fire pit & loungers, a working space, an exercise room and bicycle storage. Ideal location in northeast Waterloo close to Conestoga Mall, the LRT with restaurants and amenities right at your doorstep. The perfect opportunity to own a two bedroom home in the heart of the action with everything you need! (id:66096)

Property Details

MLS®: 40875415
Property Type: Single Family
Zoning: MXC
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 752 ft²
Year Built: 2020
Storeys: 6
Style: Other
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground
Condo Fee: $579/mo
Ownership: Condo/Strata
Property Tax

Rooms

Main level

Laundry room
4pc Bathroom: 4'10'' x 7'6''
3pc Ensuite bath: 4'10'' x 8'3''
Bedroom: 9'3'' x 11'3''
Primary Bedroom: 9'11'' x 10'3''
Kitchen: 7'9'' x 12'5''
Living room: 10'10'' x 10'10''

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
Exterior: Stone, Vinyl siding, Brick Veneer
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

Waterloo listings, avg age

67d

Price / ft²

$532

List price

$400K

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 2 days, which is 65 days fresher than the city average of 67. Act while there is still low competition.

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Listed by Re/Max Twin City Realty Inc. · RACHEL PAQUETTE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2K)

This home lists at $399,900, about 3.3× the local median household income of $120,000.

Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $120,000
Population: 29,381
Median age: 40.4
Owner / renter: 82% / 18%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA N2K)

$399,900· $532/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$300/mo

Condo fee$579/mo

Total monthly$2,985

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$4,474

Est. closing costs$3,700

Total cash needed$28,169

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