$585,000

For sale

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#CP232 330 PHILLIP Street, Waterloo - Single Family for Sale

#CP232 330 PHILLIP Street, Waterloo, Ontario, N2L3W9

2 beds2 baths854 ft² condo fee

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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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$585,000

Waterloo

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Overview

This 2-bedroom, 2-bathroom condo in Waterloo is for sale offering roughly 854 sq ft of space. It has been on the market 54 days, fresher than the Waterloo average of 67 days.

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

Description

This modern 3-occupancy suite in the prestigious ICON 330 building features an open-concept layout with a kitchen island and two full bathrooms. Located within walking distance to both Laurier and Waterloo Universities, this home offers the perfect blend of convenience and luxury. Enjoy top-tier amenities including concierge service, a gym, study lounge, basketball court, saunas, and games room. (id:66096)

Property Details

MLS®: 40862650
Property Type: Single Family
Zoning: RN 25
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Interior Size: 854 ft²
Storeys: 1
Style: Other
Basement: None
Heating: Forced air
Cooling: Central air conditioning
Garage: Visitor Parking
Condo Fee: $464/mo
Fee Includes: Insurance
Ownership: Condo/Strata
Property Tax: $4,364/yr
Listed: 54 days ago

Rooms

Main level

3pc Bathroom
3pc Bathroom
Bedroom: 8'11'' x 10'7''
Bedroom: 10'4'' x 9'3''
Living room: 9'9'' x 10'11''
Kitchen: 15'11'' x 14'11''

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
Foundation: Poured Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

54d

Waterloo listings, avg age

67d

Price / ft²

$685

List price

$585K

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 54 days, which is 13 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 Ltd., Brokerage · Paul Strome

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2L)

This home lists at $585,000, about 8.4× the local median household income of $69,500.

Carrying it typically needs a household income of about $114,271 (20% down, 25-yr amortization, stress-tested) — roughly 64% 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)

$585,000· $685/ft²

For sale

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Full Cost Breakdown

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Down Payment5.73% · $33,500

Min 5.73%50%

Mortgage payment$3,058/mo

↳ CMHC premium ($22,060 capitalized)

Property tax (est.)$364/mo

Condo fee$464/mo

Total monthly$3,885

Cash Needed to Close

Down payment (5.73%)$33,500

Land transfer tax$8,175

Est. closing costs$4,255

Total cash needed$45,930

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