$429,000
+ $324/mo maintenance$858 / sq ft2 months on market
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An exceptional investment opportunity in the heart of Waterloo's thriving university district! This bright and functional 1+1 bedroom, 1 bathroom condo is steps From The University Of Waterloo and Wilfrid Laurier University. The property offers amazing amenities including; fitness centre, basketball court, theatre room, games room, multiple study lounges, and on site retail along with amazing proximity to restaurants and shopping. Whether you're looking to expand your investment portfolio, purchase your first income property, or looking for your kind, this unit offers outstanding rental potential in one of the region's strongest student housing markets. The building has historically experienced nearly 0% vacancy, providing investors with confidence in consistent rental demand and reliable cash flow. Designed for hassle-free ownership, the property also benefits from professional management, offering a stress-free investment experience with minimal day-to-day involvement. Don't miss your chance to own a turnkey investment in a prime location with proven rental performance, exceptional demand, and the convenience of low-maintenance, professionally managed ownership. Already rented through to 2027, however, vacant possession can be provided if sold before the end of August.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 61% of comparable condo apartment listings in Waterloo are asking less.
Based on 95 comparable active condo apartment listings in Waterloo. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $429,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of IREP REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of REALTY WORLD LEGACY
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