- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 1,600–1,799sq ft
- Per sq ft
- $246at the range’s middle
- Tax a year
- $4,7252025 tax year
- Built
- 11-15
- Parking
- 0surface
- Days on market
- Members
The brief
About T102-62 Balsam St
T102-62 Balsam St is a 3-bedroom, 3-bathroom condo townhouse in Waterloo, listed for sale at an asking price of $418,000 (MLS® X12968580).
Priced to Sell! Located just across from Wilfrid Laurier University and within walking distance to the University of Waterloo! An excellent opportunity for investment or personal use this fully furnished townhouse features a modern kitchen with stainless steel appliances. Offers 3 spacious bedrooms, a den with window, three bathrooms, and an additional study area on the second floor. Highlights include high ceilings and in-suite laundry for added convenience.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall33/100−$926/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 22 homes with 3 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
- $4,725 / 2025
- MLS® number
- X12968580
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Building Age
- 11-15
- Days on market
- Size
- 1600-1799 sqft
- Listed on
- Parking
- Surface, 0 Parking
Property details
Property
- Property Type
- Condo Townhouse
- Style
- Stacked Townhouse
- Municipality
- Waterloo
Building
- Size
- 1600-1799 sqft
- Building Age
- 11-15
- Construction
- Brick
Inside
- Bedrooms
- 3
- Bathrooms
- 3
- Bathroom Details
- 1 × 2pc Upper, 2 × 4pc Lower
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Surface
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- Yes
- Family room
- Yes
- Extras
- Stainless Steel Fridge, Stove, B/I Dishwasher, Stacked Washer And Dryer.
- Condo maint.
- $1,125
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.47 × 4.42 m | Combined W/Dining, Open Concept | Upper |
| Dining | 2.52 × 3.05 m | Combined W/Living, Open Concept | Upper |
| Kitchen | 2.9 × 3.72 m | Granite Counter, Stainless Steel Appl | Upper |
| Den | 3.02 × 4.42 m | Window | Upper |
| Bathroom | 1.5 × 2.5 m | 2 Pc Bath | Upper |
| Br | 2.96 × 3.69 m | Window | Lower |
| 2nd Br | 2.96 × 3.69 m | Window | Lower |
| 3rd Br | 2.96 × 3.69 m | Window | Lower |
| Bathroom | 1.5 × 2.9 m | 4 Pc Bath | Lower |
| Bathroom | 1.5 × 2.9 m | 4 Pc Bath | Lower |
Listing history
Buy/sell history for T102-62 Balsam 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 | $418,000 | N/A | Pc | X12968580 |
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
- $83,600
- Total mortgage amount
- $334,400
- Total interest payment
- $237,700
- Total purchase cost
- $655,700
- Mortgage payment
- $1,907/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
59%Monthly carrying cost
$3,426- Rent $2,500
- Shortfall $926
Rental income opens at $2,500, the median asking rent of 22 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
- $4,835
- Total land transfer tax
- $4,835
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $835
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 $418,000
- $360
- Ontario total
- $4,835
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
- 55
- Median asking price
- $499K
- New in 7 days
- 5
- Price cuts
- 24%
Middle half: $427K to $579K
21 in 28 days
13 listings
This home is asking 16% 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 street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| University of Waterloo | GRT light rail: ION light rail | 950 m |
| Laurier - Waterloo Park | GRT light rail: ION light rail | 1 km |
| Research and Technology | GRT light rail: ION light rail | 1.3 km |
| Waterloo Public Square | GRT light rail: ION light rail | 1.6 km |
| Kitchener GO | GO Transit train: Kitchener | 3.9 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 |
|---|---|---|---|
| Winston Churchill Public SchoolWaterloo Region DSB | Public · grades JK–6 | 1 km | 80%Grade 6 average |
| ÉÉC Mère-Élisabeth-BruyèreConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 1.8 km | 85%Grade 6 average |
| Lincoln Heights Public SchoolWaterloo Region DSB | Public · grades JK–8 | 1.9 km | 66%Grade 6 average |
| Our Lady of Lourdes Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 | 2 km | 70%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Waterloo Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 250 m | 57%Grade 9 math |
| St David Catholic Secondary SchoolWaterloo CDSB | Catholic · grades 9–12 · French Immersion | 800 m | 67%Grade 9 math |
| Bluevale Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 2.5 km | 75%Grade 9 math |
| Kitchener Waterloo Collegiate and Vocational SchoolWaterloo Region DSB | Public · grades 9–12 · French Immersion | 3 km | 73%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
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Sold prices in Waterloo are shown to signed-in members.