#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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$235,000

Waterloo

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$235,000

$250,000For salePrice drop↓ $15,000 (6%)

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#312 321 SPRUCE Street, Waterloo - Single Family for Sale

#312 321 SPRUCE Street, Waterloo, Ontario, N2L0G4

2 beds1 bath573 ft²$705/mo condo feeListed 188 days ago

Overview

This 2-bedroom, 1-bathroom condo in Waterloo is for sale offering roughly 573 sq ft of space.

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

Description

Excellent Investment Opportunity. 1+1 Corner Condo Unit Located In The Center Of University Town In Waterloo. Steps Away from Wilfred Laurier University, University Of Waterloo And Conestoga College. The unit features a well-designed layout, quartz countertops, premium laminate flooring throughout, in-suite laundry, and comes with furniture (sold as-is). The bright den includes two windows and can serve as a second bedroom. A weekly cleaning service costing $126.72 per month makes the unit easier to rent out and generates higher rental returns. The building offers excellent amenities, including a gym, shuttle service, keyless entry system, guest suites, a rooftop terrace, and more. The current tenant will move out on May 31, 2026. The seller is highly motivated — don’t miss out on this prime opportunity! (id:66096)

Property Details

MLS®: 40824188
Property Type: Single Family
Zoning: GR
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Interior Size: 573 ft²
Year Built: 2016
Storeys: 1
Style: Other
Basement: None
Heating: Forced air
Cooling: Central air conditioning
Garage: None
Condo Fee: $705/mo
Ownership: Condo/Strata
Property Tax: $3,413.81/yr
Listed

Rooms

Main level

4pc Bathroom
Den: 9'3'' x 6'4''
Bedroom: 12'7'' x 9'5''
Living room: 11'7'' x 8'3''
Kitchen: 8'3'' x 14'1''
Foyer: 7'1'' x 5'4''

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, Hood Fan, Window Coverings, Microwave Built-in
Exterior: Concrete

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

188d

Waterloo listings, avg age

67d

Price / ft²

$410

List price

$235K

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 is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by Homelife Landmark Realty Inc · Roy Li

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2L)

This home lists at $235,000, about 3.4× the local median household income of $69,500.

Carrying it typically needs a household income of about $45,904 (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)

$235,000· $410/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $11,750

Min 5%50%

Mortgage payment$1,238/mo

↳ CMHC premium ($8,930 capitalized)

Property tax (est.)$284/mo

Condo fee$705/mo

Total monthly$2,227

Cash Needed to Close

Down payment (5%)$11,750

Land transfer tax$2,075

Est. closing costs$3,205

Total cash needed$17,030

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