$434,990

For sale

#G612 275 Larch Street, Waterloo - Single Family for Sale

#G612 275 Larch Street, Waterloo, Ontario, N2L3R2

2 beds2 baths1 parking750 ft²$570/mo condo feeListed 86 days ago

Overview

This 2-bedroom, 2-bathroom condo in Waterloo is for sale offering roughly 750 sq ft of space. Its $434,990 asking price sits right in line with the $429,900 median in Waterloo.

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Description

Excellent Location For This Penthouse Freshly Painted, Very Spacious, 771 Sq Ft, Bright, Fully Furnished 2-Bed, 2-Bath Unit Plus An Oversized 108 Sq Ft Balcony, 1 Parking & Clear Views! Close To Wilfrid Laurier University, University Of Waterloo, Restaurants, Groceries, Parks, Theaters +++ Low Maintenance Fees, Includes Internet, Water, Heat. Amenities Incl A Fully Equipped Gym, A Yoga & Meditation Room, Study Lounge, Theatre & Games Room & Outdoor Terrace. Excellent Clean & Quiet Neighborhood. Super Investment Opportunity, Or For University Parents, Or First-Time Buyers! This Condo Comes With A Coveted Surface Parking Spot Too!.... Very Rarely Offered! (id:66096)

Property Details

MLS®: X13659550
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: No Garage
Condo Fee: $570/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,179.62/yr
Listed: 86 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan
Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

86d

Waterloo listings, avg age

67d

Price / ft²

$580

List price

$435K

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 HOMELIFE/YORKLAND REAL ESTATE LTD. · RUBINA JAMAL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2L)

This home lists at $434,990, about 6.3× the local median household income of $69,500.

Carrying it typically needs a household income of about $84,969 (20% down, 25-yr amortization, stress-tested) — roughly 22% 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)

$434,990· $580/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,749.50

Min 5%50%

Mortgage payment$2,291/mo

↳ CMHC premium ($16,530 capitalized)

Property tax (est.)$265/mo

Condo fee$570/mo

Total monthly$3,126

Cash Needed to Close

Down payment (5%)$21,750

Land transfer tax$5,175

Est. closing costs$3,805

Total cash needed$30,729

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