$450,000

For sale

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#4 511 QUIET Place, Waterloo - Single Family for Sale

#4 511 QUIET Place, Waterloo, Ontario, N2J5L6

3 beds4 baths2 parking ft²

#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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$450,000

Waterloo

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Description

Fantastic Home With 3 Bedrooms and 4 Bathrooms. Open Concept Layout, Upgraded Kitchen With Quartz Countertops, Large Island, Lots of Cabinets, and Stainless Steel Appliances. The formal dining area and living room are spacious and bright, with a walk-out to the backyard. The second floor has three good-sized bedrooms with one ensuite bathroom and one main bathroom. The finished basement has a large recreation room with an egress window, a bathroom, and plenty of storage space. Attached oversized one car garage. Minutes from the University of Waterloo and Laurier. Close to highways, parks, shopping plazas near the LRT, expressway, and trails. Book your viewing today! (id:66096)

Property Details

MLS®: 40869154
Property Type: Single Family
Zoning: RMU-40
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 4
Half Baths: 2
Parking: 2
Interior Size: 1,878 ft²
Storeys: 2
Basement: Finished, Full
Heating: Forced air
Cooling: Central air conditioning
Garage: Attached Garage, Visitor Parking
Condo Fee: $711/mo
Fee Includes: Landscaping, Property Management, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,411/yr
Listed: 29 days ago

Rooms

Basement

2pc Bathroom: 4'11'' x 5'10''
Recreation room: 22'8'' x 16'3''

Second level

3pc Bathroom: 7'4'' x 4'11''
3pc Bathroom: 7'2'' x 4'7''
Bedroom: 11'6'' x 8'0''
Bedroom: 15'9'' x 8'0''
Primary Bedroom: 11'6'' x 14'0''

Main level

Living room: 13'6'' x 16'4''
Dining room: 7'11'' x 12'11''
Laundry room
2pc Bathroom: 5'11'' x 3'1''
Kitchen: 11'10'' x 13'0''

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

29d

Waterloo listings, avg age

67d

Price / ft²

$240

List price

$450K

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 $450,000, about 6.0× the local median household income of $74,500.

Carrying it typically needs a household income of about $87,901 (20% down, 25-yr amortization, stress-tested) — roughly 18% above 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)

$450,000· $240/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,500

Min 5%50%

Mortgage payment$2,370/mo

↳ CMHC premium ($17,100 capitalized)

Property tax (est.)$284/mo

Condo fee$711/mo

Total monthly$3,365

Cash Needed to Close

Down payment (5%)$22,500

Land transfer tax$5,475

Est. closing costs$3,850

Total cash needed$31,825

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

#4 511 QUIET Place, Waterloo - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N2J)

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