$430,000

#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

Today

$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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$430,000

Waterloo

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Overview

This 2-bedroom, 1-bathroom condo in Waterloo is for sale offering roughly 1,098 sq ft of space. Its $430,000 asking price sits right in line with the $429,900 median in Waterloo. It has been on the market 9 days, fresher than the Waterloo average of 67 days.

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

Description

OPEN HOUSE THIS SATURDAY OCTOBER 31ST FROM 2-4. Welcome to this beautifully upgraded 2-bedroom condo townhouse offering approximately 1,500 sq. ft., 2 parking spots, low condo fees, and low property taxes! Ideally located close to public transit, walking trails, both universities, schools, and everyday amenities. This home is a fantastic opportunity for first-time buyers, young professionals, and families with children, as well as those looking for convenient access to campus. The main floor features an upgraded kitchen with modern finishes that flows seamlessly into a bright and inviting living and dining area. Sliding doors lead to a private patio backing onto a peaceful creek, providing a great outdoor space to relax or entertain. Upstairs, you'll find two generously sized bedrooms and a beautifully renovated full bathroom. The unfinished basement offers plenty of additional space for storage, laundry, a home gym, or a future recreation room. Enjoy the added convenience of water included in the condo fees, helping keep monthly expenses affordable. The well-maintained complex also offers an outdoor swimming pool and playground, making it an excellent place to call home! (id:66096)

Property Details

MLS®: 40874030
Property Type: Single Family
Zoning: RMU40
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 1,098 ft²
Year Built: 1991
Storeys: 2
Basement: Unfinished, Full
Heating: Radiant heat, Forced air, Natural gas
Cooling: None
Garage: None
Pool: Yes
Condo Fee: $406/mo
Fee Includes: Landscaping, Property Management, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,430.64/yr
Listed: 9 days ago

Rooms

Second level

4pc Bathroom
Bedroom: 9'0'' x 12'6''
Primary Bedroom: 12'6'' x 13'9''

Main level

Dining room: 12'6'' x 11'10''
Living room: 9'5'' x 14'5''
Kitchen: 8'6'' x 11'2''

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
Foundation: Poured Concrete
Exterior: Brick, Aluminum siding
Lot Features: Southern exposure, Balcony, Paved driveway

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Waterloo listings, avg age

67d

Price / ft²

$392

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 $430,000, 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)

$430,000· $392/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,500

Min 5%50%

Mortgage payment$2,265/mo

↳ CMHC premium ($16,340 capitalized)

Property tax (est.)$203/mo

Condo fee$406/mo

Total monthly$2,873

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

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#C 655 ALBERT Street, Waterloo - Single Family for Sale

Description

Property Details

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Features

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Market Timing

Location

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Neighbourhood profile (N2L)

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