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Listed 23 days ago

511 - 191 King Street S

, Waterloo

$715,000

Condo Apartment |
2 | 2 | 3 | 1
About this home

SOUTHWEST CORNER UNIT, 3 PARKING SPACES, 2 LOCKERS & STEPS TO UPTOWN WATERLOO! Welcome to Unit 511 at Bauer Lofts, a coveted boutique building steps from Vincenzo's, Bauer Kitchen, the LRT, and all the amenities Uptown Waterloo has to offer. Featuring 10 ft ceilings and an abundance of natural light flowing through extensive floor-to-ceiling windows, this spacious 2 Bed, 2 Full Bath corner unit offers 1130 sq ft of living space, three owned parking spaces, two lockers and plenty of interior storage. The open concept floor plan extends onto a private corner balcony with sweeping sunset views, while the updated kitchen features a custom designed 8+ ft island with a clever pullout extension perfect for entertaining. The spacious primary suite is a true retreat, complete with a 5-piece ensuite bath featuring double sinks, granite counters, separate shower and soaker tub. Thoughtful recent updates include full professional paint throughout (2024), a new air conditioner (2025), new blackout window coverings (2025) and custom built closet doors (2025). Rare for condo living, this unit includes TWO side-by-side underground vehicle spaces, a dedicated motorcycle space and TWO storage lockers. Residents enjoy premium amenities including a fitness centre, bike storage, amenity room and rooftop terrace. A rare combination of space, natural light and location in one of Waterloo's most recognizable & distinguished boutique buildings. Don't miss the video and virtual tour!

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$913
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces3
Parking FeaturesNone
Property Tax$5,836
mls© NumberX13817438
Listed ByRE/MAX TWIN CITY REALTY INC.
Heat Included
CAC Included
Common Elements Included
Water Included
Parking Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,660
Property tax
$486
Heat allowance
$150
Condo fees, half counted
$457
Housing costs
$4,753 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $143,000
25-yr amortization

Income needed

$146,000

gross annual household income

Payment at 4%
$3,009 / mo
Cash down
$143,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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