Condo for sale at H505-62 Balsam Street, Waterloo, Ontario, N2L 3H2 - MLS: X12963002

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H505-62 Balsam Street

Waterloo, Ontario, N2L 3H2 -

$400,000

Virtual Tour

Neighbourhood
Major Intersection

Larch/Hickory

Listed Since: 1 day(s)
Last update: today

Virtual Tour

Overview

Property Type

Condo Apt, 1 Storey/Apt
Bedrooms

1
Bathrooms

2
Square Feet

800-899
Exposure

East
Total Parking

n/a
Maintenance

$828
Taxes

$3,548.00 (2025)
Balcony

Open

Property Description

Property description for H505-62 Balsam Street, Waterloo

Welcome to an exceptional offering at 62 Balsam Street, Unit H505, a residence that seamlessly blends modern design, convenience, and outstanding investment potential in one of Waterloo's most sought after locations. Perfectly positioned just steps from Wilfrid Laurier University and within walking distance to University of Waterloo, this is a rare opportunity for both end users and investors seeking strong long term value in a high demand rental market. Inside, you are welcomed by a bright and thoughtfully designed space offering 877 square feet of refined living. Soaring 9 foot ceilings and contemporary finishes create an open and upscale atmosphere throughout. The layout is both functional and stylish, featuring a spacious primary bedroom, an expansive den filled with natural light, and two full bathrooms, an uncommon and highly desirable combination. The kitchen is beautifully appointed with granite countertops, stainless steel appliances, double sinks, and custom cabinetry with soft close detailing, offering the perfect balance of elegance and everyday practicality. One of the most impressive features of this home is the oversized private terrace. This outdoor space is rarely found in condo living and offers two separate walkouts along with sweeping city views. It is the perfect setting for morning coffee, entertaining guests, or simply relaxing above it all. Adding further value and convenience, the unit includes two underground parking spaces and a dedicated storage room, features that are increasingly rare in this prime location. Residents enjoy access to premium building amenities including high speed internet, collaborative study spaces, and a well appointed social lounge. This is more than just a condo. It is a lifestyle opportunity in the heart of Waterloo, where everything you need is just moments away.

Listed by EXP REALTY

Property details

MLS #

X12963002
Sq. Ft

800-899
Sq. Ft. Source

MLS
Year Built

11-15
Basement

None
View

n/a
Garage

Underground, 2 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

Y
Laundry Level

Main
Building Amenities

n/a
Maintenance Fee Includes

Heat, Parking
Property Management

Wilson Blanchard
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

X12963002
Sq. Ft

800-899
Sq. Ft. Source

MLS
Year Built

11-15
Basement

None
View

n/a
Garage

Underground, 2 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

Y
Laundry Level

Main
Building Amenities

n/a
Maintenance Fee Includes

Heat, Parking
Property Management

Wilson Blanchard
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for H505-62 Balsam Street, Waterloo

This property has been sold 1 time before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Condo Apt in Waterloo

Active listings

174

Average Selling Price of a Condo Apt

March 2026

$371,474

Last 3 Months

$433,464

Last 12 Months

$441,983

March 2025

$482,032

Last 3 Months LY

$480,624

Last 12 Months LY

$489,537

Change

-23%

Change

-10%

Change

-10%

Historical Average Selling Price of a Condo Apt in

Average Selling Price

3 years ago

$497,265

Average Selling Price

5 years ago

$389,871

Average Selling Price

10 years ago

$313,260

Change

-25%

Change

-5%

Change

19%

How many days Condo Apt takes to sell (DOM)

March 2026

Last 3 Months

Last 12 Months

March 2025

Last 3 Months LY

Last 12 Months LY

Change

26%

Change

27%

Average Selling price

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Closing Cost Calculator

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Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.