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Listed 23 days ago

507 - 275 Larch Street

, Waterloo

$469,900

Condo Apartment |
2 | 2 | 1 | 0
About this home

Welcome to this bright and spacious 2-bedroom, 2-bathroom condo in the heart of Waterloo, just steps from the University of Waterloo and Wilfrid Laurier University. This well-appointed unit features large windows throughout, filling the space with natural light, along with ensuite laundry and a private balcony for added comfort and convenience. The primary bedroom includes its own private ensuite bathroom, offering an ideal layout for students, professionals, or investors. Complete with a parking space and located within walking distance to shopping, restaurants, transit, and all essential amenities, this is an exceptional opportunity to own in one of Waterloo's most desirable locations.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$570
LockerNone
BalconyOpen
ExposureSouth
Parking TypeSurface
Parking Spaces1
Parking FeaturesNone
Property Tax$3,180
mls© NumberX13818390
Listed ByRE/MAX ALL-STARS REALTY INC.
Building Insurance Included
Parking 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%
$2,405
Property tax
$265
Heat allowance
$150
Condo fees, half counted
$285
Housing costs
$3,105 / mo

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

Down payment20% · $93,980
25-yr amortization

Income needed

$96,000

gross annual household income

Payment at 4%
$1,977 / mo
Cash down
$93,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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