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Property Type: Condo / ApartmentOwnership: Condominium
158 KING Street N Unit# 81201
Waterloo, ON N2J0E5
MLS® 40852538
$388,000
2 bed2 bath668 sqftBuilt 2017
Amenities
Gym
Also listed: Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
GR
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $425/mo
- Annual property tax
- $3,195.33
Maintenance Fee Includes
WaterHeat
Also included: Common Area Maintenance, Insurance, Parking
Interior
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Main level | — |
| Bedroom | Main level | 11'1'' x 8'3'' |
| 3pc Bathroom | Main level | — |
| Primary Bedroom | Main level | 8'10'' x 10'0'' |
| Kitchen/Dining room | Main level | 18'4'' x 8'10'' |
Description
This bright and modern 2-bedroom, 2-bathroom condo features a functional open-concept layout with contemporary finishes throughout. Ideally located in the heart of Waterloo, just steps to Wilfrid Laurier University, the University of Waterloo, ION LRT, Waterloo Food Plaza, restaurants, shopping, and everyday amenities. Perfect for first-time buyers, professionals, or investors, this prime location offers strong and consistent rental demand in one of Waterloo's most sought-after university communities. Don't miss this exceptional opportunity! (id:63159)
Listing Information
- MLS®
- 40852538
- Data last synced
- September 15, 2026
Royal LePage Wolle Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Royal LePage Wolle Realty
MLS® Number: 40852538
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Cornerstone Association of REALTORS®.
Values & Trends
This listing
$581/sqft
Building average
—
No other active listings in this building
417 - Beechwood/University average
$507/sqft
51 active listing(s)
Parking: Not indicatedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Guelph
5°C
—
Humidity 95%
Wind NNE calm km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
126,356
(2021 Census)
+15.5% since 2016
Density:
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($19,400) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$310,400.00
Periodic payment — Principal & Interest (monthly)$2,002.60
Additional monthly expenses (condo fees, tax, utilities, etc.)$724.59
Total monthly cost$2,727.18
Interest paid over 5-yr term$88,961.53
Balance at end of term$279,205.80
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$19,400
Stress test qualifying rate8.19%
Payment you must qualify for$2,858.03
Cash Needed at Closing
Minimum down payment$19,400
Estimated Land Transfer Tax (LTT)$4,295
Legal / closing costs (typical estimate)$1,500
Total cash needed$25,195
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
