$424,990

For sale

#G607 275 Larch Street, Waterloo - Single Family for Sale

#G607 275 Larch Street, Waterloo, Ontario, N2L3R2

2 beds2 baths1 parking750 ft²$534/mo condo feeListed 155 days ago

Overview

This 2-bedroom, 2-bathroom condo in Waterloo is for sale offering roughly 750 sq ft of space. Its $424,990 asking price sits right in line with the $429,900 median in Waterloo.

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Description

Spacious, bright, and fully furnished 2-bedroom, 2-bathroom condo with an oversized open balcony offering clear views. Ideally located within walking distance to Wilfrid Laurier University, University of Waterloo, grocery stores, restaurants, parks, theatres, and more. This well-maintained unit features a separate dining area, a full-sized kitchen, and 2 generous sized bedrooms. Includes 1 parking space-a rare find and low maintenance fees covering internet, water, and heat. Enjoy premium building amenities; a fully equipped gym, yoga and meditation room, study lounge, theatre and games room, and outdoor terrace. Situated in a clean, quiet, and high-demand neighbourhood, this property is a fantastic choice for investors, first-time buyers, or university parents seeking consistent rental income year-round. (id:66096)

Property Details

MLS®: X13232016
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Condo Fee: $534/mo
Fee Includes: Heat, Water, Parking
Ownership: Condo/Strata
Property Tax: $2,825/yr
Listed: 155 days ago

Rooms

Flat

Living room: 5.18 x 3.01 meters
Dining room: 5.18 x 3.01 meters
Kitchen: 4.27 x 2 meters
Bedroom: 3.54 x 2.71 meters
Bedroom 2: 2.96 x 2.6 meters
Bathroom: 2.1 x 1.6 meters
Bathroom: 2.8 x 1.92 meters

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
Flooring: Laminate
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

155d

Waterloo listings, avg age

67d

Price / ft²

$567

List price

$425K

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 Advent Realty Inc. · ANDY CHEUNG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2L)

This home lists at $424,990, about 6.1× the local median household income of $69,500.

Carrying it typically needs a household income of about $83,015 (20% down, 25-yr amortization, stress-tested) — roughly 19% 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)

$424,990· $567/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,249.50

Min 5%50%

Mortgage payment$2,238/mo

↳ CMHC premium ($16,150 capitalized)

Property tax (est.)$235/mo

Condo fee$534/mo

Total monthly$3,008

Cash Needed to Close

Down payment (5%)$21,250

Land transfer tax$4,975

Est. closing costs$3,775

Total cash needed$29,999

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