$369,900

For sale

#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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$369,900

Waterloo

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Overview

This 2-bedroom, 1-bathroom condo in Waterloo is for sale offering roughly 583 sq ft of space. Listed at $369,900, it is attractively priced about 14% below the $429,900 median asking price in Waterloo. It has been on the market 12 days, fresher than the Waterloo average of 67 days.

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

Description

Bright, spacious 583 sq. ft. sixth floor unit in The Jake Condos. This one bedroom plus den, one bathroom offers expansive windows and numerous upgrades to flooring, quartz countertops and sleek kitchen cabinets. This exquisite unit is equipped with stainless steel appliances. The convenience of in suite full size front load laundry adds another layer of comfort to this already exceptional living space. Nestled within walking distance of a plethora of amenities, including shopping, library, churches, parks, and schools, every aspect of daily life is seamlessly at your fingertips. Commuting is a breeze, with the proximity to the Conestoga Expressway and GRT. Adding to the appeal, renowned universities, Laurel Creek Conservation Area and the charming Town of St. Jacobs are just minutes away. This is the perfect condo for first time buyer, investor or someone wanting to downsize. Short term occupancy license in place and perfect for an Airbnb operator. (id:66096)

Property Details

MLS®: 40873695
Property Type: Single Family
Zoning: RMU 20
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 583 ft²
Year Built: 2023
Storeys: 1
Style: Other
Basement: None
Heating: Forced air
Cooling: Central air conditioning
Garage: Underground, Visitor Parking
Condo Fee: $494/mo
Fee Includes: Landscaping, Insurance
Ownership: Condo/Strata
Property Tax: $2,950.46/yr
Listed: 12 days ago

Market Timing

Days on market

12d

Waterloo listings, avg age

67d

Price / ft²

$634

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 (N2V)

This home lists at $369,900, about 2.9× the local median household income of $126,000.

Carrying it typically needs a household income of about $72,254 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $126,000
Population: 19,428
Median age: 38
Owner / renter: 86% / 14%
Avg. household size: 3.1

Source: Statistics Canada, 2021 Census (FSA N2V)

$369,900· $634/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $18,495

Min 5%50%

Mortgage payment$1,948/mo

↳ CMHC premium ($14,056 capitalized)

Property tax (est.)$246/mo

Condo fee$494/mo

Total monthly$2,688

Cash Needed to Close

Down payment (5%)$18,495

Land transfer tax$4,024

Est. closing costs$3,610

Total cash needed$26,129

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

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#604 101 GOLDEN EAGLE Road, Waterloo - Single Family for Sale

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