Condo for sale at H505-62 Balsam Street, Waterloo, Ontario, N2L 3H2 - MLS: X12382435

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H505-62 Balsam Street

Waterloo, Ontario, N2L 3H2 -

$429,900

Neighbourhood
Major Intersection

UNIVERSITY- HAZEL- BALSAM

Listed Since: 19 day(s)
Last update: today

Overview

Property Type

Condo Apt, Apartment
Bedrooms

1
Bathrooms

2
Square Feet

800-899
Exposure

East
Total Parking

2 Underground Garage
Maintenance

$828
Taxes

$3,296.00 (2024)
Balcony

Open

Property Description

Property description for H505-62 Balsam Street, Waterloo

Welcome to Unit H505 at 62 Balsam Street. Whether you're a student searching for the perfect home just steps from Wilfrid Laurier and walking distance to the University of Waterloo, or an investor looking for a strong rental opportunity, this condo close to public transit, shopping, and dining is sure to impress! This bright and functional layout offers 877 sq. ft. of living space with 9-foot ceilings and modern finishes. Inside, you'll find 1 bedroom, one large bright den, 2 bathrooms, and convenient in-suite laundry. The sleek kitchen is designed with granite countertops,double sinks, stainless steel appliances, and soft-close cabinetry. Step outside to an oversized terrace large enough for a full patio set, featuring two walkouts and sweeping city views. Parking is effortless with two included underground spots (#71, #97), keeping your vehicles safe and snow-free in addition to an underground storage room (#505). Building amenities include unlimited high-speed internet, a social lounge, and study areas.

Listed by RE/MAX TWIN CITY REALTY INC.

Property details

MLS #

X12382435
Sq. Ft

800-899
Sq. Ft. Source

MLS
Year Built

6-10
Basement

Other
View

n/a
Garage

Underground, 2 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Restrict
Exterior

Brick Front
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Elevator,Games Room,Party/Meeting Room,Recreation Room
Maintenance Fee Includes

Heat, Taxes, Water
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 #

X12382435
Sq. Ft

800-899
Sq. Ft. Source

MLS
Year Built

6-10
Basement

Other
View

n/a
Garage

Underground, 2 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Restrict
Exterior

Brick Front
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Elevator,Games Room,Party/Meeting Room,Recreation Room
Maintenance Fee Includes

Heat, Taxes, Water
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

Kitchen

3.05 x 3.66 ft Flat level
Br

3.35 x 3.66 ft Flat level
Den

3.35 x 3.05 ft Flat level
Bathroom

0.0 x 0.0 ft Flat level
Bathroom

0.0 x 0.0 ft Flat level
Living

2.74 x 3.05 ft Flat level

Contact Manoj Kukreja

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

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Local Real Estate Price Trends for Condo Apt in Waterloo

Active listings

202

Average Selling Price of a Condo Apt

August 2025

$441,028

Last 3 Months

$447,644

Last 12 Months

$463,828

August 2024

$469,427

Last 3 Months LY

$499,118

Last 12 Months LY

$503,467

Change

-6%

Change

-10%

Change

-8%

Historical Average Selling Price of a Condo Apt in

Average Selling Price

3 years ago

$496,050

Average Selling Price

5 years ago

$394,754

Average Selling Price

10 years ago

$150,200

Change

-11%

Change

12%

Change

194%

Average Selling price

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First time home buyer

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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.