$469,900

#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

Yesterday

$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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$469,900

Waterloo

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Description

Welcome to this bright and spacious 2-bedroom, 2-bathroom condo in the heart of Waterloo, just steps from the University of Waterloo and Wilfrid Laurier University. This well-appointed unit features large windows throughout, filling the space with natural light, along with ensuite laundry and a private balcony for added comfort and convenience. The primary bedroom includes its own private ensuite bathroom, offering an ideal layout for students, professionals, or investors. Complete with a parking space and located within walking distance to shopping, restaurants, transit, and all essential amenities, this is an exceptional opportunity to own in one of Waterloo's most desirable locations. (id:66096)

Property Details

MLS®: X13818390
Property Type: Single Family
Zoning: NMU6
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $570/mo
Fee Includes: Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,179.62/yr
Listed: 43 days ago

Rooms

Other

Kitchen: 1.92 x 4.27 meters
Dining room: 2.41 x 2.58 meters
Bedroom: 2.64 x 3.57 meters
Bedroom 2: 2.61 x 2.96 meters
Dining room: 2.41 x 2.58 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

43d

Waterloo listings, avg age

67d

Price / ft²

$627

List price

$470K

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 (N2L)

This home lists at $469,900, about 6.8× the local median household income of $69,500.

Carrying it typically needs a household income of about $91,788 (20% down, 25-yr amortization, stress-tested) — roughly 32% 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)

$469,900· $627/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,495

Min 5%50%

Mortgage payment$2,475/mo

↳ CMHC premium ($17,856 capitalized)

Property tax (est.)$265/mo

Condo fee$570/mo

Total monthly$3,310

Cash Needed to Close

Down payment (5%)$23,495

Land transfer tax$5,873

Est. closing costs$3,910

Total cash needed$33,278

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

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#507 275 Larch Street, Waterloo - Single Family for Sale

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Neighbourhood profile (N2L)

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