#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

Rental cashflow calculator

Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

Enter an estimated monthly rent to see the cashflow.

Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.

$370,000

Waterloo

Book a showing

Overview

This 2-bedroom, 2-bathroom condo in Waterloo is for sale offering roughly 750 sq ft of space. Listed at $370,000, it is attractively priced about 14% below the $429,900 median asking price in Waterloo.

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

Description

Discover urban living at its finest in this 2-bed, 2-bath corner-unit apartment, steps from the prestigious Waterloo & Wilfrid Laurier Universities. The thoughtful design of the unit maximizes every square foot to offer functionality, comfort, and convenience. Both bedrooms are generously sized with room to work and sleep, along with floor-to-ceiling windows that welcome natural sunlight and frame the scenic views of the surrounding areas. Best of all, the unit has 2 full washrooms, adding to the functionality for residents and guests alike. To top it off, the balcony offers scenic views of the city and surrounding parks, which is the perfect spot to enjoy your morning coffee or unwind in the evening. The building includes a private gym/fitness centre, study spaces and a party room to accommodate all your daily needs. The apartment is surrounded by a variety of trendy cafes, restaurants and transportation options so whether it's a short commute to work or quick access to cultural and recreational hotspots, everything is within reach. Whether you're a first-time buyer, a young professional, or an investor looking for a turnkey rental, this is the perfect opportunity for you. (id:66096)

Property Details

MLS®: X13696202
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $492/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,523.06/yr
Listed: 76 days ago

Market Timing

Days on market

76d

Waterloo listings, avg age

67d

Price / ft²

$494

List price

$370K

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 (N2J)

This home lists at $370,000, about 5.0× the local median household income of $74,500.

Carrying it typically needs a household income of about $72,274 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $74,500
Population: 20,899
Median age: 36.8
Owner / renter: 53% / 47%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N2J)

$370,000· $494/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $18,500

Min 5%50%

Mortgage payment$1,949/mo

↳ CMHC premium ($14,060 capitalized)

Property tax (est.)$294/mo

Condo fee$492/mo

Total monthly$2,735

Cash Needed to Close

Down payment (5%)$18,500

Land transfer tax$4,025

Est. closing costs$3,610

Total cash needed$26,135

Get Pre-Approved · Free & Fast

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

Rental cashflow calculator

#307 158 King Street, Waterloo - Single Family for Sale

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (N2J)

Book a showing

Full Cost Breakdown