| Heat Included | |
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B408 - 62 Balsam Street
, Waterloo
$395,900
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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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 800-899 sq. ft. |
| Maintenance Fees | $682 |
| Locker | None |
| Balcony | Open |
| Exposure | East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $3,537 |
| mls© Number | X13743784 |
| Listed By | RE/MAX REAL ESTATE CENTRE 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%
- $2,026
- 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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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