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$349,000
Waterloo
#408 500 Westmount Road West, Waterloo, Ontario, N2M5M9
This 2-bedroom, 2-bathroom condo in Waterloo is for sale offering roughly 1,100 sq ft of space. Listed at $349,000, it is attractively priced about 19% below the $429,900 median asking price in Waterloo. It has been on the market 9 days, fresher than the Waterloo average of 67 days.
Move in ready condo with a great layout. Open concept living, dining and open to Kitchen. spacious kitchen with lots of cupboards and counter space with breakfast bar. Living room open to Sunroom or office. 2 bedroom, 2 bathrooms spacious condo located in the heart of Westmount and steps to Belmont Village shops, restaurants and close proximity to the University of Waterloo and Wilfred Laurier and on the local transit route at the doorstep. Ensuite laundry is convenient. Lots of storage cupboards along the inner hallway with laundry washer and dryer and storage/pantry space. The primary bedroom is a good size with a private ensuite 3 pc bath. The second bedroom has a closet, windows and use of a spacious 4 pc bath. Bright suite with a great south east view and lots of windows providing natural light. Included in condo fees are: het, hydro and water and access to the gym, workshop, sauna, part/games room. A surface private parking spot is available and a owned locker space is included. Absolutely a great price and purchase for a first time home buyer, young professionals, downsizers, seniors even investors using it accommodate students.Note: new heating cooling system installed in 2024 (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 9 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 2-bed single family in Waterloo has been listed for 9 days, which is 58 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 $349,000, about 4.9× the local median household income of $71,500.
Carrying it typically needs a household income of about $68,172 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N2M)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice