#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

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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$440,000

Waterloo

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$440,000

For sale

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#708 280 LESTER Street, Waterloo - Single Family for Sale

#708 280 LESTER Street, Waterloo, Ontario, N2L0G2

2 beds2 baths885 ft²$558/mo condo feeListed 56 days ago

Overview

This 2-bedroom, 2-bathroom condo in Waterloo is for sale offering roughly 885 sq ft of space. Its $440,000 asking price sits right in line with the $429,900 median in Waterloo. It has been on the market 56 days, fresher than the Waterloo average of 67 days.

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

Description

You’ll love this bright and stylish 2-bedroom, 2-bathroom corner unit at SAGE V, ideally located between Wilfrid Laurier University and the University of Waterloo. Offering approximately 885 sq. ft. of living space plus a private balcony, this modern condo is filled with natural light and showcases exposed concrete ceilings, laminate flooring and granite countertops. Built by one of Waterloo’s well-regarded condo builders, the unit comes complete with appliances, in-suite stacked laundry and furnishings, making it an excellent turnkey opportunity. The building also offers great amenities, including an exercise room with cardio and weight equipment, as well as a dedicated study room. With Uptown Waterloo, Waterloo Park, transit, shopping and both universities just steps away, the location is hard to beat. A fantastic option for investors, parents of post-secondary students, or anyone looking for a modern, low-maintenance condo in the heart of Waterloo. (id:66096)

Property Details

MLS®: 40859553
Property Type: Single Family
Zoning: RN-8
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Interior Size: 885 ft²
Year Built: 2016
Storeys: 1
Style: Other
Basement: None
Heating: Forced air
Cooling: Central air conditioning
Garage: None
Condo Fee: $558/mo
Fee Includes: Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax

Rooms

Main level

4pc Bathroom: 7'10'' x 8'11''
Bedroom: 12'4'' x 10'7''
3pc Ensuite bath: 5'11'' x 5'11''
Primary Bedroom: 14'1'' x 10'10''
Kitchen: 15'9'' x 12'1''
Living room: 12'9'' x 9'9''

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
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

56d

Waterloo listings, avg age

67d

Price / ft²

$497

List price

$440K

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 2-bed single family in Waterloo has been listed for 56 days, which is 11 days fresher than the city average of 67. Act while there is still low competition.

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Listed by RE/MAX Twin City Realty Inc. · GERALDINE MAHOOD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2L)

This home lists at $440,000, about 6.3× the local median household income of $69,500.

Carrying it typically needs a household income of about $85,947 (20% down, 25-yr amortization, stress-tested) — roughly 24% 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)

$440,000· $497/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,000

Min 5%50%

Mortgage payment$2,317/mo

↳ CMHC premium ($16,720 capitalized)

Property tax (est.)$378/mo

Condo fee$558/mo

Total monthly$3,253

Cash Needed to Close

Down payment (5%)$22,000

Land transfer tax$5,275

Est. closing costs$3,820

Total cash needed$31,095

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