$449,000

For sale

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#306 265 Westcourt Place, Waterloo - Single Family for Sale

#306 265 Westcourt Place, Waterloo, Ontario, N2L6E4

2 beds2 baths1 parking condo fee

#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

Rental cashflow calculator

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$449,000

Waterloo

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Description

Priced to Sell! AAA LOCATION! Spacious 1,376 sq ft unit in the well-maintained Beechmount building. Walk to Uptown, both universities, Waterloo Park, reccentre, T&T, Costco & more. Features include a large living room, enclosed sunroom, separate dining room, bright kitchen with ample cabinetry,2nd bedroom with balcony walkout, and a large in-suite laundry/storage room. Quiet setting with lovely grounds, updated lobby, games room,and library. A rare find in a prime Waterloo location! (id:66096)

Rooms

Main level

Dining room: 4.19 x 3.28 meters
Kitchen: 3.58 x 5.56 meters
Sunroom: 3.91 x 3.81 meters
Living room: 3.51 x 5.28 meters
Primary Bedroom: 4.32 x 5.56 meters
Bathroom: 2.13 x 4.42 meters
Bathroom: 2.31 x 1.5 meters
Laundry room: 2.01 x 1.7 meters
Bedroom 2: 2.92 x 4.65 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

106d

Waterloo listings, avg age

67d

List price

$449K

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 (N2L)

This home lists at $449,000, about 6.5× the local median household income of $69,500.

Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — roughly 26% 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)

$449,000

For sale

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Full Cost Breakdown

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Down Payment5% · $22,450

Min 5%50%

Mortgage payment$2,365/mo

↳ CMHC premium ($17,062 capitalized)

Property tax (est.)$328/mo

Condo fee$865/mo

Total monthly$3,558

Cash Needed to Close

Down payment (5%)$22,450

Land transfer tax$5,455

Est. closing costs$3,847

Total cash needed$31,752

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

#306 265 Westcourt Place, Waterloo - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (N2L)

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Full Cost Breakdown