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Listed 2 months ago

G314 - 275 Larch Street

, Waterloo

$254,900

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

High-Demand Waterloo Location - Ideal for Investors, Students, First-Time Buyers, or Professionals. Welcome to this bright and well-maintained approximately 500 sq. ft. condo in one of Waterloo's most sought-after locations. Whether you're an investor, a parent looking to purchase for a student, or a single professional or couple seeking an affordable home, this unit offers exceptional value. Located within easy walking distance of Wilfrid Laurier University, University of Waterloo, Conestoga College Waterloo Campus, grocery stores, restaurants, cafés, and everyday amenities, this property is perfectly positioned in the heart of Waterloo's vibrant university district. The thoughtfully designed layout features a spacious bedroom with an extra-wide closet, a bright open-concept living area, and a modern kitchen complete with stainless steel appliances, a dishwasher, and granite countertops. Quality flooring runs throughout the unit, and the convenience of in-suite laundry makes everyday living easy. Step out onto the Juliette balcony to enjoy fresh air and natural light. Residents of Building "G" enjoy excellent amenities, including a rooftop terrace and secure bike storage, with a newly added fitness centre and theatre room enhancing the lifestyle even further. For added convenience, the existing furniture can be included, making this an easy turnkey investment or move-in-ready home. this is an outstanding opportunity to own in one of Waterloo's strongest rental and investment markets. Why rent when you can own in this spectacular location?

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$301
LockerNone
BalconyEnclosed
ExposureWest
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$2,192
mls© NumberX13567636
Listed ByRE/MAX PRESIDENT REALTY
Common Elements 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%
$1,305
Property tax
$183
Heat allowance
$150
Condo fees, half counted
$150
Housing costs
$1,788 / mo

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

Down payment20% · $50,980
25-yr amortization

Income needed

$55,000

gross annual household income

Payment at 4%
$1,073 / mo
Cash down
$50,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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