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Property Type: Detached HouseOwnership: Freehold
342 KING Street N
Waterloo, ON N2J2Z2
MLS® 40794166
$1,688,800
4 bed2 bath2 parking1,575 sqftBuilt 1951
Property Details
Property & Lot
- Sub-type
- House
- Style
- Cape Cod
- Stories
- 1.5
- Lot size
- 0.15 acres
- Frontage
- 50 feet
RMU-81
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,742
Interior
- Basement
- Partially finished, Full
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Cold room | Basement | 4'0'' x 6'1'' |
| Laundry room | Basement | 10'0'' x 13'0'' |
| 3pc Bathroom | Basement | 10'0'' x 13'0'' |
| Games room | Basement | 12'0'' x 16'0'' |
| Bedroom | Second level | 10'0'' x 15'0'' |
| Bedroom | Second level | 11'0'' x 15'0'' |
| Bedroom | Main level | 9'6'' x 10'5'' |
| Bedroom | Main level | 10'0'' x 10'0'' |
| Living room | Main level | 14'3'' x 15'2'' |
| 4pc Bathroom | Main level | 6'6'' x 8'6'' |
| Eat in kitchen | Main level | 13'5'' x 14'6'' |
| Foyer | Main level | 14'6'' x 12'0'' |
Description
Welcome to 342 King St North in Waterloo! Large frontage location near the University of Waterloo, Wilfrid Laurier, and Conestoga College. This is located in Waterloo's Up town Waterloo, the University Districts. Close walking distances to restaurants and schools. The Johnston Technology Park, and the GO buses stop just down by Laurier at University Avenue. Zoning is RMU Residential Mixed Use, for potential 25 stories building. The 2 first and second for commercial Retail and mixed use can be 16 feet high. (id:63159)
Listing Information
- MLS®
- 40794166
- Data last synced
- October 15, 2026
RE/MAX TWIN CITY REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX TWIN CITY REALTY INC.
MLS® Number: 40794166
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
$1,072/sqft
Building average
—
No other active listings in this building
114 - Uptown Waterloo/North Ward average
$379/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: 20.0% ($337,760) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$1,351,040.00
Periodic payment — Principal & Interest (monthly)$8,716.45
Additional monthly expenses (condo fees, tax, utilities, etc.)$390.83
Total monthly cost$9,107.28
Interest paid over 5-yr term$387,211.95
Balance at end of term$1,215,264.85
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$337,760
Stress test qualifying rate8.19%
Payment you must qualify for$10,475.61
Cash Needed at Closing
Minimum down payment$337,760
Estimated Land Transfer Tax (LTT)$30,251
Legal / closing costs (typical estimate)$1,500
Total cash needed$369,511
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.