$319,900

$329,900For salePrice drop↓ $10,000 (3%)

#510 247 NORTHFIELD Drive East, Waterloo - Single Family for Sale

#510 247 NORTHFIELD Drive East, Waterloo, Ontario, N2L5J3

1 bed1 bath1 parking566 ft²$470/mo condo feeListed 49 days ago

Overview

This 1-bedroom, 1-bathroom condo in Waterloo is for sale offering roughly 566 sq ft of space. Listed at $319,900, it is attractively priced about 26% 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.

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Description

This handsome one-bedroom unit sits on the fifth floor of North Waterloo's newer and very desirable Blackstone development. Built just five years ago by VanMar Construction with fresh paint throughout and a thorough professional cleaning, you'll also enjoy access to a host of on-site amenities (including a full business centre with building Wi-Fi, a full gym, a rooftop patio and community BBQ space, party room, visitor parking and more), as well as easy access to a range of amenities which include the north LRT hub at Conestoga Mall, Expressway access at Northfield Drive West, and a range of shops, services and restaurants just steps from your new front door. This bright, open-concept layout features a tidy kitchen with quartz counters, stylish subway tile backsplash and stainless appliance suite, a private walk-out balcony, in-suite stacked laundry, and a walk-through closet off the bedroom to the cheater en-suite bath. Private underground parking means no more brushing your car off over the winter months, while the St. Jacob's Farmers Market and picturesque village of St. Jacob's itself are both an easy 10 minute drive away, with the heart of Uptown Waterloo only 10 minutes driving time in the other direction. Ideal for first-time buyers or retirees, why pay rent a day longer when you could be enjoying life at this premium Waterloo address? Click or call today to schedule your own private tour of #510-247 Northfield Drive East! (id:66096)

Property Details

MLS®: 40861812
Property Type: Single Family
Zoning: RMU-20
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 566 ft²
Year Built: 2021
Storeys: 6
Style: Other
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, Visitor Parking
Condo Fee: $470/mo
Fee Includes: Landscaping, Property Management, Heat, Insurance, Parking

Rooms

Main level

Living room: 12'7'' x 10'3''
Kitchen: 11'4'' x 10'1''
Bedroom: 10'0'' x 10'1''
4pc Bathroom

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

Features

Appliances: Refrigerator, Dishwasher, Stove, Microwave Built-in
Foundation: Poured Concrete
Exterior: Concrete, Brick
Lot Features: Balcony

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

Waterloo listings, avg age

67d

Price / ft²

$565

List price

$320K

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 1-bed single family in Waterloo has been listed for 49 days, which is 18 days fresher than the city average of 67. Act while there is still low competition.

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Listed by Chestnut Park Realty Southwestern Ontario Limited · DARRYL WATTY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2L)

This home lists at $319,900, about 4.6× the local median household income of $69,500.

Carrying it typically needs a household income of about $62,488 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$319,900· $565/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $15,995

Min 5%50%

Mortgage payment$1,685/mo

↳ CMHC premium ($12,156 capitalized)

Property tax (est.)$260/mo

Condo fee$470/mo

Total monthly$2,415

Cash Needed to Close

Down payment (5%)$15,995

Land transfer tax$3,274

Est. closing costs$3,460

Total cash needed$22,729

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