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New4 hours ago

B408 - 62 Balsam Street

, Waterloo

$395,900

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

Discover modern living in this stylish 2-bedroom, 2-bathroom condo located in the vibrant heart of Waterloo, just minutes from the university. This unit features an open-concept layout that seamlessly blends functionality with contemporary design, highlighted by sleek finishes and expansive windows that flood the space with natural light.Key Features: Spacious Bedrooms: Each bedroom comes with bathroom, ensuring privacy and convenience for students, professionals, or roommates. Prime Location: Enjoy easy access to public transit, shopping, dining, and all the amenities Waterloo has to offer.Investment Potential: Perfect for investors looking to capitalize on the thriving rental market in this sought-after area.This condo is not just a home; it's a lifestyle. Don't miss your chance to experience convenient and contemporary living in one of Waterloo's most desirable neighborhoods! Schedule a viewing today!

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$682
LockerNone
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,537
mls© NumberX13743784
Listed ByRE/MAX REAL ESTATE CENTRE INC.
Heat Included
Water Included
Common Elements Included
CAC 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%
$2,026
Property tax
$295
Heat allowance
$150
Condo fees, half counted
$341
Housing costs
$2,812 / mo

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

Down payment20% · $79,180
25-yr amortization

Income needed

$87,000

gross annual household income

Payment at 4%
$1,666 / mo
Cash down
$79,180

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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