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Property Type: Detached HouseOwnership: Freehold
203B ERB Street
Waterloo, ON N2J1M7
MLS® 40854394
$619,900
3 bed2 bath2 parking1,010 sqft
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Frontage
- 27 feet
GR
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,251
Interior
- Basement
- Finished, Full
- Heating
- Forced air
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Basement | — |
| Bedroom | Second level | 10'6'' x 8'4'' |
| Bedroom | Second level | 8'1'' x 11'0'' |
| Primary Bedroom | Second level | 14'0'' x 9'0'' |
| 3pc Ensuite bath | Second level | — |
| Utility room | Basement | 17'9'' x 10'9'' |
| Family room | Basement | 12'10'' x 17'0'' |
| Kitchen/Dining room | Main level | 10'4'' x 17'10'' |
| Living room | Main level | 14'4'' x 13'10'' |
Description
Welcome to 203B Erb Street East, Waterloo! Fully Renovated | 3 Bedrooms | Freehold Semi-Detached | Separate Basement Unit | Prime Location. Fully renovated 3-bedroom freehold semi-detached home. Excellent location close to Uptown Waterloo. Walking distance to public transportation. Close to shopping, restaurants, and everyday amenities. Spacious backyard - perfect for families and entertaining. Covered/roofed deck provides a great outdoor space for gatherings and relaxation. Fully finished basement with separate entrance. Basement features a separate kitchen and washroom. Complete self-contained basement unit offering excellent flexibility for extended family, guests, or rental potential. Move-in ready with modern updates throughout. A fantastic opportunity for homeowners, multi-generational families, and investors alike. Enjoy the convenience of Uptown Waterloo while having the added benefit of a separate basement living space and a spacious backyard. Don't miss this excellent opportunity at 203B Erb Street East. (id:63159)
Listing Information
- MLS®
- 40854394
- Data last synced
- September 15, 2026
RE/MAX Escarpment Realty Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX Escarpment Realty Inc.
MLS® Number: 40854394
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
$614/sqft
Building average
—
No other active listings in this building
114 - Uptown Waterloo/North Ward average
$394/sqft
36 active listing(s)
Parking: 2 stall(s) includedStorage 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: 6.0% ($36,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$495,920.00
Periodic payment — Principal & Interest (monthly)$3,199.51
Additional monthly expenses (condo fees, tax, utilities, etc.)$321.92
Total monthly cost$3,521.42
Interest paid over 5-yr term$142,132.10
Balance at end of term$446,081.64
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$36,990
Stress test qualifying rate8.19%
Payment you must qualify for$4,519.73
Cash Needed at Closing
Minimum down payment$36,990
Estimated Land Transfer Tax (LTT)$8,873
Legal / closing costs (typical estimate)$1,500
Total cash needed$47,363
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.
