$429,999

$450,000For salePrice drop↓ $20,001 (4%)

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#7 639 ALBERT Street, Waterloo - Single Family for Sale

#7 639 ALBERT Street, Waterloo, Ontario, N2L3V5

3 beds2 baths parking

#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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$429,999

Waterloo

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Description

A three bedroom townhouse with an oversized single car garage was renovated in the last two years. Newer appliances are included. Located near Columbia Street with close proximity to the universities. Just steps to public transportation. Shopping and restaurants are within walking distance. Enjoy the private backyard/patio. Barbecues are permitted, as are pets! (id:66096)

Property Details

MLS®: 40854165
Property Type: Single Family
Zoning: RMU-40
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,084 ft²
Storeys: 2
Style: Other
Basement: Partially finished, Partial
Heating: Baseboard heaters
Cooling: None
Garage: Attached Garage
Condo Fee: $317/mo
Fee Includes: Landscaping, Insurance
Ownership: Condo/Strata
Property Tax: $2,706.92/yr
Listed: 83 days ago

Rooms

Main level

2pc Bathroom

Third level

4pc Bathroom
Bedroom: 7'8'' x 10'4''
Bedroom: 10'6'' x 10'8''
Bedroom: 8'5'' x 16'6''

Second level

Dining room: 10'8'' x 8'9''
Living room: 10'6'' x 23'4''
Kitchen: 7'11'' x 7'10''

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

Features

Appliances: Washer, Refrigerator, Water softener, Dishwasher, Stove, Dryer, Hood Fan, Garage door opener
Foundation: Poured Concrete
Exterior: Aluminum siding, Brick Veneer
Lot Features: Paved driveway, Automatic Garage Door Opener

Services

Water: Municipal water
Sewer: Municipal sewage system
Utilities: Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

83d

Waterloo listings, avg age

67d

Price / ft²

$397

List price

$430K

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 $429,999, about 6.2× the local median household income of $69,500.

Carrying it typically needs a household income of about $83,994 (20% down, 25-yr amortization, stress-tested) — roughly 21% 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)

$429,999· $397/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,499.95

Min 5%50%

Mortgage payment$2,265/mo

↳ CMHC premium ($16,340 capitalized)

Property tax (est.)$226/mo

Condo fee$317/mo

Total monthly$2,807

Cash Needed to Close

Down payment (5%)$21,500

Land transfer tax$5,075

Est. closing costs$3,790

Total cash needed$30,365

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

#7 639 ALBERT Street, Waterloo - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (N2L)

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Full Cost Breakdown