$509,900

For sale

##408 255 Keats Way, Waterloo - Single Family for Sale

##408 255 Keats Way, Waterloo, Ontario, N2L6N6

2 beds2 baths1 parking1,300 ft²$797/mo condo feeListed 8 days ago

Overview

This 2-bedroom, 2-bathroom condo in Waterloo is for sale offering roughly 1,300 sq ft of space. It has been on the market 8 days, fresher than the Waterloo average of 67 days.

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Description

This luxurious condominium next to Waterloo's University District presents an exceptional opportunity for a discerning buyer. Situated near the heart of Waterloo and just renovated (2026), modern and carpet free, walking distance to both Universities, ION and Waterloo Park. Over 1300 sq ft of living space on the fourth floor, offering two large bedrooms, 2 bathrooms, an open concept living room/dining room , and a balcony with tons of natural lights . The spacious living and dining areas provide ample room for entertaining a multitude of guests. Enjoy the convenience of this prime location, just a short walk from T&T grocery, popular restaurants, the Waterloo REC Centre, Waterloo Park, the University of Waterloo, and the LRT. With an underground parking spot, a secure locker, and proximity to all essentials, this condo is the perfect blend of comfort, style, and accessibility. Washer, Dryer (2024) Fridge, Microwave, Dish Washer, Range Hood, Oven (2026) (id:66096)

Property Details

MLS®: X14119970
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $797/mo
Fee Includes: Common Area Maintenance, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $4,562/yr
Listed: 8 days ago

Rooms

Main level

Kitchen: 3.84 x 2.54 meters
Living room: 3.35 x 6.71 meters
Dining room: 3.35 x 6.71 meters
Primary Bedroom: 3.66 x 3.96 meters
Bathroom: 0.31 x 0.31 meters
Bedroom 2: 3.05 x 4.27 meters
Bathroom: 0.31 x 0.31 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Hood Fan
Exterior: Concrete
Lot Features: Elevator, Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Waterloo listings, avg age

67d

Price / ft²

$392

List price

$510K

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 8 days, which is 59 days fresher than the city average of 67. Act while there is still low competition.

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Listed by Keller Williams Home Group Realty · J.P. MOONEY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2L)

This home lists at $509,900, about 7.3× the local median household income of $69,500.

Carrying it typically needs a household income of about $99,601 (20% down, 25-yr amortization, stress-tested) — roughly 43% 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)

$509,900· $392/ft²

For sale

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Full Cost Breakdown

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Down Payment5.10% · $25,990

Min 5.10%50%

Mortgage payment$2,683/mo

↳ CMHC premium ($19,356 capitalized)

Property tax (est.)$380/mo

Condo fee$797/mo

Total monthly$3,860

Cash Needed to Close

Down payment (5.10%)$25,990

Land transfer tax$6,673

Est. closing costs$4,030

Total cash needed$36,693

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