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New1 day ago

B508 - 62 Balsam Street

, Waterloo

$375,000

Condo Apartment |
2 | 2 | 0 | 0
About this home

Welcome to 62 Balsam Street! Discover the perfect blend of comfort, convenience, and contemporary living in this spacious 869 sq. ft. Sage condo, complete with a generous private balcony. Ideal for singles, young couples, first-time buyers, or investors, this well-appointed unit offers modern finishes, granite countertops throughout, and stainless steel appliances.Featuring a versatile 1-bedroom plus den layout, this spacious unit offers flexibility for a home office, guest space, or additional living area. The primary bedroom boasts a private 4-piece ensuite, adding comfort and convenience to everyday living.Location, location, location! Enjoy being within walking distance of Wilfrid Laurier University's Lazaridis School of Business and Economics, the University of Waterloo, public transportation, and grocery stores. Whether you're looking for a convenient lifestyle close to campus and amenities or a property in a desirable rental location, this condo checks all the boxes.For investors, the added bonus of excellent AAA tenants already in place offers the potential for immediate rental income. For end-users, the spacious layout, modern features, and unbeatable location make this an excellent place to call home.Whether you're buying your first home, starting a new chapter as a couple, or expanding your investment portfolio, this Sage condo offers exceptional versatility and value.Modern Comfort. Prime Location. Endless Possibilities.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$581
LockerNone
BalconyEnclosed
ExposureSouth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$3,366
mls© NumberX14092212
Listed ByRIGHT AT HOME REALTY
Heat Included
Water Included
Condo Taxes Included
Building Insurance Included
Common Elements Included

Listing History

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  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,919
Property tax
$280
Heat allowance
$150
Condo fees, half counted
$290
Housing costs
$2,640 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $75,000
25-yr amortization

Income needed

$81,000

gross annual household income

Payment at 4%
$1,578 / mo
Cash down
$75,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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