MLS® X13803606
Waterloo, Ontario N2L 6J5
- Bedrooms
- 3+1
- Bathrooms
- 3
- Size
- 1,200–1,399sq ft
- Per sq ft
- $327at the range’s middle
- Tax a year
- $4,2682026 tax year
- Parking
- 21 attached
- Days on market
- Members
The brief
About MLS® X13803606
PRIME UNIVERSITY INVESTMENT OPPORTUNITY WITH WALKOUT BASEMENT Exceptional 3-bedroom townhome with garage in the highly soughtafter Keats Way complex, perfectly positioned just minutes from the University of Waterloo and Wilfrid Laurier University. This well-maintainedproperty offers a highly desirable layout with 3 bedrooms on the upper level, a finished walkout basement with a full bathroom, and a total of 2.5bathrooms, creating outstanding flexibility for both investors and end users. Featuring hardwood flooring, a newly renovated upper-levelbathroom, and bright, functional living spaces, this home is built for both comfort and long-term durability. The walkout basement adds valuableliving space and significantly enhances rental potential. This property delivers positive cash flow when fully occupied, making it a true turn-keyinvestment in one of Waterloo's most reliable and high-demand rental markets. The inclusion of a private garage and additional parking furtherstrengthens tenant appeal and long-term value. Located close to transit, restaurants, shopping, parks, and major commuter routes, this is a rareopportunity to secure a high-performing income property in a proven university corridor.
Insights
Condition Score
Good76/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Covers costs64/100+$135/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 18 homes with 4 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
- $4,268 / 2026
- MLS® number
- X13803606
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Days on market
- Size
- 1200-1399 sqft
- Listed on
- Parking
- 1 Attached, 2 Parking
Property details
Property
- Property Type
- Condo Townhouse
- Style
- 2-Storey
- Municipality
- Waterloo
Building
- Size
- 1200-1399 sqft
- Construction
- Brick
Inside
- Bedrooms
- 3+1
- Bathrooms
- 3
- Bathroom Details
- 1 × 4pc 2nd, 1 × 2pc Main, 1 × 3pc Bsmt
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Garage Type
- Attached
- Garage
- 1
- Additional Parking
- 1
- Total Parking
- 2
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- Yes
- Den
- No
- Family room
- No
- Condo maint.
- $720
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 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 | $424,999 | N/A | Pc | X13803606 |
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
- $85,000
- Total mortgage amount
- $339,999
- Total interest payment
- $241,701
- Total purchase cost
- $666,700
- Mortgage payment
- $1,939/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
14%Monthly carrying cost
$3,015- Carrying cost $3,015
- Surplus $135
Rental income opens at $3,150, the median asking rent of 18 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
- $4,975
- Total land transfer tax
- $4,975
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $975
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 $400,000
- $2,250
- 2.0% from $400,000 to $424,999
- $500
- Ontario total
- $4,975
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 land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use; 3 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 6.3 m.250 m
- Groundwater recorded about 4 m below ground nearbyThe middle water level in the well records within 500 m (15 records). It changes with the season and from spot to spot.500 m
Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is AirBoss of America Corp. — RUBBER SOLUTIONS DIVISION, 3.0 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Enova Power Corp.At the address
- Wired internet 50/10 Mbps or faster is listed at a household 70 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (70 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.70 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, CIK Telecom, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Grand River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Condos for sale in Waterloo right now
- For sale now
- 55
- Median asking price
- $499K
- New in 7 days
- 5
- Price cuts
- 22%
Middle half: $427K to $579K
21 in 28 days
12 listings
This home is asking 15% below the median, lower than three quarters of them.
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 verdict
Similar Active Listings
Recently sold nearby
Sold prices in Waterloo are shown to signed-in members.