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Listed 23 days ago

601 - 145 Columbia Street

, Waterloo

$439,900

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

Welcome to Society 145, one of Waterloo's most sought-after condominium buildings, ideally located in the heart of Waterloo and just steps from the University of Waterloo and Wilfrid Laurier University. This well-appointed unit features laminate flooring, quartz countertops,modern lighting, quality finishes, and a contemporary kitchen with stainless steel appliances. Enjoy exceptional amenities including a fitness center, yoga studio, Indoor Full-Size Basketball Court, games room, movie theatre, study room, and business lounge. Unit 601 is currently leased, generating over$2,600/month, with vacant possession also available if required. An excellent opportunity for investors or end users

Extras

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size500-599 sq. ft.
Maintenance Fees$315
LockerNone
BalconyNone
ExposureSouth
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$3,294
mls© NumberX13820250
Listed ByHOMELIFE SILVERCITY REALTY INC.
Common Elements Included
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%
$2,252
Property tax
$275
Heat allowance
$150
Condo fees, half counted
$158
Housing costs
$2,834 / mo

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

Down payment20% · $87,980
25-yr amortization

Income needed

$87,000

gross annual household income

Payment at 4%
$1,851 / mo
Cash down
$87,980

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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Comparable sales

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