- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 700–799sq ft
- Per sq ft
- $494at the range’s middle
- Tax a year
- $3,5232025 tax year
- Built
- 6-10
- Parking
- 0none
- Days on market
- Members
The brief
About 307-158 King St
307-158 King St is a 2-bedroom, 2-bathroom condo in Waterloo, listed for sale at an asking price of $370,000 (MLS® X13696202).
Discover urban living at its finest in this 2-bed, 2-bath corner-unit apartment, steps from the prestigious Waterloo & Wilfrid Laurier Universities. The thoughtful design of the unit maximizes every square foot to offer functionality, comfort, and convenience. Both bedrooms are generously sized with room to work and sleep, along with floor-to-ceiling windows that welcome natural sunlight and frame the scenic views of the surrounding areas. Best of all, the unit has 2 full washrooms, adding to the functionality for residents and guests alike. To top it off, the balcony offers scenic views of the city and surrounding parks, which is the perfect spot to enjoy your morning coffee or unwind in the evening. The building includes a private gym/fitness centre, study spaces and a party room to accommodate all your daily needs. The apartment is surrounded by a variety of trendy cafes, restaurants and transportation options so whether it's a short commute to work or quick access to cultural and recreational hotspots, everything is within reach. Whether you're a first-time buyer, a young professional, or an investor looking for a turnkey rental, this is the perfect opportunity for you.
Insights
Condition Score
Good71/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall45/100−$375/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 45 condos with 2 bedrooms for lease in Waterloo right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $3,523 / 2025
- MLS® number
- X13696202
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 6-10
- Days on market
- Size
- 700-799 sqft
- Listed on
- Parking
- None, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Municipality
- Waterloo
Building
- Size
- 700-799 sqft
- Building Age
- 6-10
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 2 × 3pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Foundation
- Concrete
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- **All Existing S/S Appliances -- Fridge, Stove, Microwave, Dishwasher, Stackable Washer & Dryer, All Existing Lighting Fixtures (As-Is)**
- Condo maint.
- $492
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Br | 2.5 × 5.25 m | 4 Pc Bath, Closet | Main |
Listing history
Buy/sell history for 307-158 King St, Waterloo, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $370,000 | N/A | For Sale | X13696202 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $74,000
- Total mortgage amount
- $296,000
- Total interest payment
- $210,700
- Total purchase cost
- $580,700
- Mortgage payment
- $1,689/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
38%Monthly carrying cost
$2,475- Rent $2,100
- Shortfall $375
Rental income opens at $2,100, the median asking rent of 45 comparable homes for lease in Waterloo. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $4,025
- Total land transfer tax
- $4,025
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $25
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $370,000
- $1,800
- Ontario total
- $4,025
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The market
Condos for sale in Waterloo right now
- For sale now
- 140
- Median asking price
- $393K
- New in 7 days
- 8
- Price cuts
- 22%
Middle half: $324K to $473K
41 in 28 days
31 listings
This home is asking 6% below the median.
See all homes in WaterlooAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Allen | GRT light rail: ION light rail | 200 m |
| Willis Way | GRT light rail: ION light rail | 250 m |
| Waterloo Public Square | GRT light rail: ION light rail | 400 m |
| Grand River Hospital | GRT light rail: ION light rail | 800 m |
| Kitchener GO | GO Transit train: Kitchener | 2.3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains information provided by the Regional Municipality of Waterloo under licence.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Elizabeth Ziegler Public SchoolWaterloo Region DSB | Public · grades JK–6 · French Immersion | 800 m | 75%Grade 6 average |
| Our Lady of Lourdes Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 | 850 m | 70%Grade 6 average |
| Empire Public SchoolWaterloo Region DSB | Public · grades JK–6 · French Immersion | 1.3 km | 76%Grade 6 average |
| École élémentaire L'HarmonieConseil scolaire Viamonde | French-language public · grades JK–8 | 1.5 km | 84%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Kitchener Waterloo Collegiate and Vocational SchoolWaterloo Region DSB | Public · grades 9–12 · French Immersion | 1.1 km | 73%Grade 9 math |
| Waterloo Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 2.2 km | 57%Grade 9 math |
| St David Catholic Secondary SchoolWaterloo CDSB | Catholic · grades 9–12 · French Immersion | 2.6 km | 67%Grade 9 math |
| École secondaire David Saint-JacquesConseil scolaire Viamonde | French-language public · grades 9–12 | 9.2 km | 70%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Waterloo are shown to signed-in members.