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For saleMLS® X13834666

405 Keats Way 2, Waterloo, ON N2L 5S7

$499,000

+ $590/mo maintenance$416 / sq ft

1 months on market

Bedrooms
3+2
Bathrooms
3
Interior
1,200 sf
Parking
1

What's special

  • Carport garage
  • East exposure
  • Central air
  • Basement apartment
  • Pets with restrictions
  • Water, A/C, Common elements included
  • Bbqs allowed
  • Visitor parking

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About this property

Stunning, Spacious & Income-Generating Gem Minutes from the University! Welcome to this beautifully maintained and incredibly spacious home offering the perfect blend of comfortable family living and exceptional income potential! Boasting 3+2 bedrooms and 3 full bathrooms across three fully finished levels, this home is a rare find in an unbeatable location. Step inside to discover a bright and airy main floor with stylish vinyl flooring throughout the open-concept living room, dining room, and versatile office/family room. The modern kitchen is a chefs dream, complete with a double sink, new range hood, and a brand-new stove to be installed before closing. The kitchen flows seamlessly into the dining area, which walks out to a private patio perfect for morning coffee or evening gatherings. Upstairs, youll find three oversized bedrooms with generous closet space and a full bathroom, offering ideal space for a growing family. Downstairs, the fully finished basement features two additional bedrooms, a full kitchen, and another full bathroom a perfect in-law suite or private rental unit with fantastic income-generating potential. Previously rented for up to $5,000/month, this home offers a lucrative opportunity for investors, first-time buyers, or those seeking to live upstairs and rent out the basement. The home comes with convenient carport parking right outside the unit, plus free visitor parking. The low monthly maintenance fee includes water, parking, landscaping, and snow removal, making this home both budget-friendly and hassle-free. Located just 5 minutes from the University, this is a prime location for students, professionals, and families alike. Whether you're looking for a beautiful place to call home, a high-yield rental property, or the perfect mix of both this house checks all the boxes. Don't miss your chance to own this bright, spacious, and versatile home in a sought-after area. Book your showing today!

Rooms

9 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Living RoomMain3.20 × 3.08 m10.5 × 10.1 ftCombined w/Kitchen · Window · Vinyl Floor
KitchenMain2.26 × 2.53 m7.4 × 8.3 ftCombined w/Living · Combined w/Dining · B/I Dishwasher
Dining RoomMain2.80 × 3.72 m9.2 × 12.2 ftCombined w/Kitchen · W/O To Deck · Combined w/Office
OfficeMain3.35 × 2.59 m11.0 × 8.5 ftCombined w/Dining · Vinyl Floor
Primary BedroomSecond3.35 × 3.69 m11.0 × 12.1 ftHis and Hers Closets · Window · Vinyl Floor
Bedroom 2Second2.96 × 3.50 m9.7 × 11.5 ftDouble Closet · Window · Vinyl Floor
Bedroom 3Second3.96 × 2.59 m13.0 × 8.5 ftDouble Closet · Window · Vinyl Floor
Bedroom 4Basement——
Bedroom 5Basement——

Features

  • None

Building amenities

  • BBQs Allowed
  • Visitor Parking

Property details

Property

Property type
condo townhouse
Bedrooms
3 + 2
Bathrooms
3
Interior size
1,200 sq ft
Possession
TBC

Interior

Basement
Apartment, Finished
Heating
Forced Air · Gas
Cooling
Central Air
Exposure
East

Exterior & services

Construction
Brick
Garage
Carport
Parking spaces
1

Condominium

Corporation
49 WNCC
Property manager
Weigel Property Management
Pets
Yes-with Restrictions
Fee includes
Water Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included

Costs

List price
$499,000
Property taxes
$3,280 / year (2026)
Maintenance fee
$590 / month
Price per sq ft
$416

Listing

MLS® number
X13834666
Status
For sale
Listed
September 28, 2026
Days on market
38
Last updated
September 28, 2026
Listing brokerage
REALTY 21 INC.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 52% of comparable condo townhouse listings in Waterloo are asking less.

$359KMedian $492K$649K
This home
$416 / sq ft
Comparable median
$429 / sq ft

Based on 56 comparable active condo townhouse listings in Waterloo. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $24,950
$24,950
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,621.10
Property tax (est.)
$273.33
Maintenance fee
$590.00
Estimated monthly
$3,484

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$6,455
Total due on closing
$6,455

An estimate on the asking price of $499,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of REALTY 21 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.

$499,000

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