Hassan Nouman
62 Balsam Street B603, Waterloo, ON N2L 3H2, Waterloo, ON
+7 photos
$415,000

62 Balsam Street B603, Waterloo, ON N2L 3H2, Waterloo, ON

Waterloo, ON N2L 3H2
2 beds 2 baths Condo Apartment

About this home

Unit B603 in Sage 3 overlooks Wilfrid Laurier School of Business. If you want minimal street noise, this Penthouse unit is ideal for your personal living or renting out. The unit was rented out for $2200 Per month until last week. Situated most conveniently at a walking distance to Laurier, University of Waterloo, Conestoga College, Public Transit, Restaurants and shopping. The Condo is equipped with high End finishes and has been painted recently in lighter shades. This 1+1 Bedroom condo boasts of 777 sqft of living space and an additional 126 sqft of Balcony. Large Master Bedroom has a walk-out to the Balcony. The Den is the size of an average second bedroom. Kitchen is equipped with Granite countertops, all Stainless Steel appliances, An Ample Cabinetry, Separate Laundry room is fitted with a stacked Washer and Dryer. The unit comes furnished with all existing furniture, and a brand new Phillips TV. For this 900 total Sqft unit, maintenance fee is very reasonable that covers Water, Gas, High Speed Internet and Common area maintenance. If you are looking to own a hassle-free property in Waterloo, B603 is the unit for you.

Property Score

66/ 100
Overall Property Score
good

A blend of both buyer and investor metrics.

Score breakdown
Walkability
60/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
78/100great
GO Transit, LRT, and bus access from this neighborhood.
Schools
82/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
51% of city avgexcellent
Priced below Waterloo's average of $815,000.
Appreciation Trend
+1.8%/yrgreat
Waterloo has seen +1.8% YoY price change.
Monthly Cash Flow
-$765/mopoor
Estimated -$765/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
3.40%good
Net operating income divided by purchase price.
Basement Suite Potential
Not viablepoor
This property type typically can't add a basement suite.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13044836
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.
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