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Property Type: Condo / ApartmentOwnership: Condominium
265 WESTCOURT Place Unit# PH9
Waterloo, ON N2L6E4
MLS® 40866979
$1,499,000
2 bed3 bath2 parking2,246 sqftBuilt 1987
Amenities
Gym
Also listed: Car Wash, Guest Suite, Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
MR
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $1,730/mo
- Annual property tax
- $5,872.27
Maintenance Fee Includes
WaterManagement
Also included: Landscaping, Insurance
Interior
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Wine Cellar | Main level | 3'6'' x 3'5'' |
| 4pc Bathroom | Main level | 4'11'' x 7'6'' |
| 3pc Ensuite bath | Main level | 12'6'' x 6'0'' |
| 4pc Ensuite bath | Main level | 7'6'' x 9'8'' |
| Bedroom | Main level | 10'11'' x 17'2'' |
| Primary Bedroom | Main level | 19'1'' x 27'2'' |
| Breakfast | Main level | 17'7'' x 7'10'' |
| Dining room | Main level | 11'6'' x 17'4'' |
| Foyer | Main level | 9'8'' x 9'10'' |
| Kitchen | Main level | 12'5'' x 17'9'' |
| Living room | Main level | 26'9'' x 29'1'' |
Description
Welcome to PH9 at 265 Westcourt Place, an exceptional penthouse offering over 2,200 sq. ft. of refined living space in the heart of Waterloo. Created by combining two original suites, this expansive residence offers a scale rarely found in condominium living, with impressive craftsmanship, western exposure and beautiful views overlooking protected green space. A grand foyer with Italian marble flooring leads into a spectacular great room designed for everyday living and entertaining. Wall-to-wall windows fill the space with natural light, while cherry hardwood flooring, custom German cabinetry, a wet bar with Italian marble countertop, built-in speakers and balcony access create an unforgettable gathering space. The beautifully appointed kitchen features granite countertops, slate flooring, under-cabinet lighting, reverse osmosis, two built-in Bosch ovens and a JennAir five-burner cooktop. The spacious dining room comfortably accommodates 12+. The remarkable primary retreat spans approximately 665 sq. ft. with a sitting area, balcony access, two walk-in closets and two private ensuites finished with Italian marble, including a Jacuzzi tub, walk-in shower and distinctive 24-karat gold fixtures. Additional highlights include two Florida rooms, in-suite laundry, a climate-controlled wine cellar accommodating approximately 200 bottles, Hunter Douglas window coverings, new washer/dryer (2026), triple-glazed windows (2016), two furnaces (2021), two parking spaces and two lockers. Offered substantially furnished with custom built-ins, and electronics for a turnkey lifestyle. The well-managed building offers a party room, two-bedroom guest suite, fitness room, library, workshop, car wash and secure entry. Ideally located steps from Waterloo Park and the Recreation Complex, with Uptown Waterloo, universities, shopping, dining, transit and Westmount Golf & Country Club nearby. A rare penthouse with exceptional space, comfort and lasting views. (id:63159)
Listing Information
- MLS®
- 40866979
- Data last synced
- October 3, 2026
Chestnut Park Realty Southwestern Ontario Limited
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Chestnut Park Realty Southwestern Ontario Limited
MLS® Number: 40866979
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
$667/sqft
Building average
—
No other active listings in this building
417 - Beechwood/University average
$505/sqft
51 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:
Similar Listings Nearby
No similar listings found nearby right now.
Mortgage & Ownership Cost Calculator
Minimum required: 8.3% ($124,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$1,199,200.00
Periodic payment — Principal & Interest (monthly)$7,736.83
Additional monthly expenses (condo fees, tax, utilities, etc.)$2,331.36
Total monthly cost$10,068.19
Interest paid over 5-yr term$343,694.17
Balance at end of term$1,078,684.28
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$124,900
Stress test qualifying rate8.19%
Payment you must qualify for$10,654.42
Cash Needed at Closing
Minimum down payment$124,900
Estimated Land Transfer Tax (LTT)$26,455
Legal / closing costs (typical estimate)$1,500
Total cash needed$152,855
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.