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$499,000
Waterloo
#T101 62 Balsam Street, Waterloo, Ontario, N2L3H2
This 4-bedroom, 3-bathroom condo in Waterloo is for sale offering roughly 1,700 sq ft of space.
DIRECTIONS FROM UNIVERSITY AVENUE WEST, TAKE RIGHT ON HAZEL STREET, LEFT ON BALSAM STREET, RIGHT ON LARCH STREET, FIRST RIGHT TO TOWN HOUSE COMPLEX. (BEHIND BUILDING SUITES) (END UNIT CLOSE TO THE RESTAURANT) Spacious, 4 Bedrooms plus 1 additional room, Licensed by the City of Waterloo for this Corner End Unit Townhome, 2.5 Bathrooms, Living room, Ensuite laundry, large kitchen, with one underground parking. CURRENTLY, THE PROERTY IS RENTED FOR $3999/ MONTH. Property is rented. Please allow 48 hours notice for all showings. This property is marvelous to call it a home or an investment in a high-demand rental area. Recession -proof investment. Lots of natural light, Fully furnished, turn- key, Located just minutes from the University of Waterloo and Wilfrid Laurier University, and Technology Park, it is perfect for students and family and professionals alike. Freshly painted with a brand-new A/C unit, 6 months old Washer & Dryer, Fully furnished includes all furniture, 6 appliances, window coverings, TV, open-concept design with a large living/dining area for comfortable living Versatile layout includes a main floor bedroom, Living/Dining, Kitchen, and lower-level 3 bedrooms, study lounge, laundry for added convenience This well-maintained home is close to, shopping, restaurants, banks, Waterloo Park, and major malls, offering a blend of convenience. An Internet, exterior maintenance, is included in the Condo fee. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 78 days on market, against an average age of 67 days across the listings currently for sale in this city
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.
This 4-bed single family in Waterloo is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $499,000, about 7.2× the local median household income of $69,500.
Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 40% above the area median.
Source: Statistics Canada, 2021 Census (FSA N2L)
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Loading rates, 30-yr amortization
Cash Needed to Close
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