$449,000

$479,000For salePrice drop↓ $30,000 (6%)

#G105 275 LARCH Street, Waterloo - Single Family for Sale

#G105 275 LARCH Street, Waterloo, Ontario, N2L3R2

2 beds2 baths1 parking860 ft²$544/mo condo feeListed 140 days ago

Overview

This 2-bedroom, 2-bathroom condo in Waterloo is for sale offering roughly 860 sq ft of space. Its $449,000 asking price sits right in line with the $429,900 median in Waterloo.

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Description

Welcome to Unit G105 at 275 Larch Street, a fully furnished 1 bedroom + spacious enclosed den, 2 bathroom condo in the heart of Waterloo's highly sought after University District. Offering 860 sq. ft. of bright, modern living space, this turnkey unit features soaring ceilings, oversized windows, quartz countertops, stainless steel appliances, in suite laundry, and durable flooring throughout. The spacious enclosed den provides exceptional flexibility for a home office, study area, guest space, or additional living area. Thoughtfully furnished with two beds, a sofa, TV, dining set, and storage pieces, this move in ready condo is ideal for first time buyers, parents looking to invest for their student, or investors seeking a low maintenance property in a prime rental location. Building amenities include a fitness centre, yoga studio, rooftop terrace, secure bike storage, and visitor parking. Located just steps from Wilfrid Laurier University, the University of Waterloo, Conestoga College, the ION LRT, restaurants, shopping, and everyday amenities, this property offers unbeatable convenience and long term appeal. Condo fees include water, heat, parking, building insurance, and maintenance, helping to simplify ownership. A fantastic opportunity to own in one of Waterloo's most desirable and consistently in demand neighbourhoods. (id:66096)

Property Details

MLS®: 40840457
Property Type: Single Family
Zoning: NMU6
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 860 ft²
Year Built: 2019
Storeys: 8
Style: Other
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Open
Condo Fee: $544/mo
Fee Includes: Heat, Water, Insurance, Parking
Ownership

Rooms

Main level

Primary Bedroom: 17'1'' x 8'10''
Living room: 10'9'' x 16'9''
Kitchen: 8'5'' x 19'6''
Dining room: 11'5'' x 7'9''
Den: 10'7'' x 8'8''
4pc Bathroom: 7'0'' x 8'10''
3pc Bathroom: 5'6'' x 5'11''

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

Features

Appliances: Washer, Dishwasher, Stove, Dryer, Microwave
Foundation: Poured Concrete
Lot Features: Southern exposure

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

140d

Waterloo listings, avg age

67d

Price / ft²

$522

List price

$449K

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 is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by SHAW REALTY GROUP INC. · Daniel Doucette

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2L)

This home lists at $449,000, about 6.5× the local median household income of $69,500.

Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — roughly 26% 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)

$449,000· $522/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,450

Min 5%50%

Mortgage payment$2,365/mo

↳ CMHC premium ($17,062 capitalized)

Property tax (est.)$233/mo

Condo fee$544/mo

Total monthly$3,142

Cash Needed to Close

Down payment (5%)$22,450

Land transfer tax$5,455

Est. closing costs$3,847

Total cash needed$31,752

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