$370,000

$380,000For salePrice drop↓ $10,000 (3%)

#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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$370,000

Waterloo

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Overview

This 2-bedroom, 1-bathroom condo in Waterloo is for sale offering roughly 850 sq ft of space. Listed at $370,000, it is attractively priced about 14% below the $429,900 median asking price in Waterloo. It has been on the market 49 days, fresher than the Waterloo average of 67 days.

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

Description

Welcome to this bright and stylish 2-bedroom, 1-bathroom condo in the sought-after Spur Line Common community in Uptown Waterloo. Offering just over 800 sq. ft. of thoughtfully designed living space, this suite features an open-concept layout, 9 ft. ceilings, floor-to-ceiling windows, modern flooring, and a sleek kitchen with quartz countertops, stainless steel appliances, backsplash, and an island with breakfast bar. Both bedrooms are generously sized, offering flexibility for a home office, guest room, or growing family. Enjoy the convenience of in-suite laundry, underground parking, visitor parking, bicycle storage, and a party/meeting room. Ideally located just steps to the LRT, Spur Line Trail, parks, restaurants, shopping, and entertainment, and minutes from Grand River Hospital, the GO Station, Google's Innovation Hub, University of Waterloo, Wilfrid Laurier University, and Conestoga College. A fantastic opportunity for first-time buyers, downsizers, professionals, students, or investors looking for location, lifestyle, and value in Uptown Waterloo. (id:66096)

Property Details

MLS®: X13791050
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, No Garage
Condo Fee: $459/mo
Fee Includes: Insurance
Ownership: Condo/Strata
Property Tax: $4,440.01/yr
Listed: 49 days ago

Rooms

Flat

Living room: 5.79 x 2.39 meters
Kitchen: 3.73 x 1.22 meters
Primary Bedroom: 3.63 x 2.97 meters
Bedroom 2: 3.05 x 3.28 meters
Utility room: 2.01 x 1.86 meters

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

49d

Waterloo listings, avg age

67d

Price / ft²

$436

List price

$370K

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 $370,000, about 5.0× the local median household income of $74,500.

Carrying it typically needs a household income of about $72,274 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$370,000· $436/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,500

Min 5%50%

Mortgage payment$1,949/mo

↳ CMHC premium ($14,060 capitalized)

Property tax (est.)$370/mo

Condo fee$459/mo

Total monthly$2,777

Cash Needed to Close

Down payment (5%)$18,500

Land transfer tax$4,025

Est. closing costs$3,610

Total cash needed$26,135

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

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#501 107 ROGER Street, Waterloo - Single Family for Sale

Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (N2J)

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