#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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$385,000

Waterloo

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$385,000

For sale

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#404 280 LESTER Street, Waterloo - Single Family for Sale

#404 280 LESTER Street, Waterloo, Ontario, N2L0G2

2 beds1 bath1 parking740 ft²$508/mo condo feeListed 15 days ago

Overview

This 2-bedroom, 1-bathroom condo in Waterloo is for sale offering roughly 740 sq ft of space. Listed at $385,000, it is attractively priced about 10% below the $429,900 median asking price in Waterloo. It has been on the market 15 days, fresher than the Waterloo average of 67 days.

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

Description

Rare opportunity to own a beautifully upgraded 740 sqft furnished condo, just a short walk from Wilfrid Laurier University, the University of Waterloo and Conestoga College. Freshly painted throughout and outfitted with brand new laminate flooring, this move in ready partially furnished unit shows better than ever. The open concept layout features a contemporary kitchen with granite countertops, stainless steel appliances, and generous storage, making it perfect for everyday living or entertaining. The unit offers 2 spacious bedrooms, a private ENSUITE LAUNDRY, and 1 OWNED underground parking space. The living room opens onto a charming Juliet balcony, but the real showstopper is the rare 10x30ft PRIVATE TERRACE, a true one of-a-kind outdoor space rarely found in condo living ideal for lounging, entertaining, or simply enjoying the fresh air right outside your door. Whether you're a student, a parent looking to secure housing before the fall semester, or an investor seeking a high-demand rental location, this condo checks every box! (id:66096)

Property Details

MLS®: 40872799
Property Type: Single Family
Zoning: RN-8
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 740 ft²
Storeys: 1
Style: Other
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground
Condo Fee: $508/mo
Fee Includes: Landscaping, Property Management, Heat, Water, Insurance, Parking, Residential Manager
Ownership: Condo/Strata

Rooms

Main level

Kitchen/Dining room: 9'9'' x 14'2''
Living room: 7'5'' x 9'8''
4pc Bathroom
Bedroom: 8'7'' x 12'1''
Primary Bedroom: 9'7'' x 13'8''
Foyer: 6'8'' x 7'5''

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, Microwave, Window Coverings
Exterior: Brick
Lot Features: Visual exposure, Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Waterloo listings, avg age

67d

Price / ft²

$520

List price

$385K

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 has been listed for 15 days, which is 52 days fresher than the city average of 67. Act while there is still low competition.

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Listed by Royal LePage Wolle Realty · MAT WOJTAS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2L)

This home lists at $385,000, about 5.5× the local median household income of $69,500.

Carrying it typically needs a household income of about $75,204 (20% down, 25-yr amortization, stress-tested) — roughly 8% 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)

$385,000· $520/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,250

Min 5%50%

Mortgage payment$2,028/mo

↳ CMHC premium ($14,630 capitalized)

Property tax (est.)$344/mo

Condo fee$508/mo

Total monthly$2,880

Cash Needed to Close

Down payment (5%)$19,250

Land transfer tax$4,250

Est. closing costs$3,655

Total cash needed$27,155

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