$399,000
Waterloo
#4 255 NORTHLAKE Drive, Waterloo, Ontario, N2V1Z2
This 3-bedroom, 2-bathroom condo in Waterloo is for sale offering roughly 1,114 sq ft of space. Listed at $399,000, it is attractively priced about 7% below the $429,900 median asking price in Waterloo. It has been on the market 48 days, fresher than the Waterloo average of 67 days.
Welcome to 255 Northlake Drive, Unit 4! This well-loved and cared-for 3-bedroom townhouse condo is tucked into a quiet complex in Waterloo's desirable North Lakeshore neighborhood. Two parking spaces are a great bonus, including a covered carport, with visitor parking also available. The main floor has a practical, comfortable layout with a spacious living room, a good-sized dining area, and a bright kitchen with plenty of counter and cupboard space. Sliding doors lead directly to the rear deck and backyard area, perfect for the BBQ or simply enjoying some time outside. A convenient powder room completes the main floor. Upstairs are three bedrooms and a full family bathroom, giving you plenty of room for family, guests or a home office. The finished basement adds valuable extra living space with a large recreation room and gas fireplace. The oversized utility room also houses the laundry, a high-efficiency York natural gas furnace installed in 2025, water softener and drinking water purification system, while still providing lots of additional storage. The location is hard to beat. You're close to reputable schools, parks, trails, shopping, restaurants, grocery stores, public transit and the LRT. Conestoga Mall and the St. Jacobs Market District are nearby, along with quick access to the expressway and major commuter routes. With 3 bedrooms, 1.5 bathrooms, a finished basement, rear deck, two parking spaces and low-maintenance living, there is plenty of practical space here in a convenient and sought-after Waterloo location. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 48 days on market, against an average age of 67 days across the listings currently for sale in this city
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.
This 3-bed single family in Waterloo has been listed for 48 days, which is 19 days fresher than the city average of 67. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $399,000, about 3.2× the local median household income of $126,000.
Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N2V)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.