| Heat Included | |
| Common Elements Included | |
| Building Insurance Included | |
| Water Included | |
| Parking Included | |
| CAC Included |




























620 - 251 Hemlock Street
, Waterloo
$419,000
Self Use Or Great Investment Opportunity With A Steady Income. This Sage 6 Condo Situated at 251 Hemlock Street Located In The Centre Of Waterloo's Growth District. Just Steps From Wilfrid Laurier University, University of Waterloo And University of Waterloo Technology Park, Minutes From A Variety Of Local Amenities, Shopping, Entertainment And Public Transit. This 692 Sq. Ft. 2 bedroom, 1 1/2 Bath, South West Corner Unit Is Bright And Spacious. Functional Open Concept Layout Featuring A High Ceiling, Laminated Floor Throughout, Granite Kitchen Countertop With Undermount Sink, Stainless Steel Appliance, In-suite Laundry. Ceiling To Floor Windows In Both Bedrooms. The whole unit is freshly painted. Worry Free, Fully Furnished Unit Designed Mainly For Student Tenants, Normally With A 3-4 Years Lease Term. The building Amenities: Well-equipped Fitness Room, Multi-purpose Room, Rooftop Terrace, Garden, Bike Parking, Visitor Parking.
No extras listed.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 6-10 |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $536 |
| Locker | None |
| Balcony | Open |
| Exposure | South West |
| Parking Type | Surface |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $3,004 |
| mls© Number | X13731446 |
| Listed By | CENTURY 21 KING`S QUAY REAL ESTATE INC. |
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%
- $2,145
- Property tax
- $250
- Heat allowance
- $150
- Condo fees, half counted
- $268
- Housing costs
- $2,813 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$87,000
gross annual household income
- Payment at 4%
- $1,763 / mo
- Cash down
- $83,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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