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Property Type: TownhouseOwnership: Condominium
360 CORNRIDGE Place Unit# 2
Waterloo, ON N2T2N9
MLS® 40858822
$500,000
3 bed2.5 bath2 parking1,730 sqftBuilt 1993
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 2
R8
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $346/mo
- Annual property tax
- $3,451.75
Maintenance Fee Includes
WaterManagement
Also included: Parking
Interior
- Basement
- Finished, Full
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Basement | 8'2'' x 10'2'' |
| Storage | Basement | 4'4'' x 7'9'' |
| Recreation room | Basement | 15'3'' x 17'7'' |
| Primary Bedroom | Second level | 9'4'' x 13'10'' |
| Bedroom | Second level | 8'5'' x 14'2'' |
| Bedroom | Second level | 8'6'' x 13'10'' |
| 5pc Bathroom | Second level | 9'6'' x 13'7'' |
| Living room | Main level | 9'11'' x 19'2'' |
| Kitchen | Main level | 7'11'' x 9'2'' |
| Dining room | Main level | 7'11'' x 9'1'' |
| 2pc Bathroom | Main level | 4'' x 4'8'' |
Description
Welcome to 360 Cornridge Drive, Unit 2, located in the desirable Upper Beechwood community! This spacious home offers 3 generous-sized bedrooms, 1 five-piece bathroom and 1 two-piece bathroom, providing plenty of room for families, professionals or students. The finished basement adds valuable living space, while the basement bathroom rough-in and central vacuum rough-in offer excellent potential for future finishing touches. The bright kitchen features stainless steel appliances, and the walk-out deck provides a great space to relax or entertain. Situated in a quiet, convenient location close to the University of Waterloo and Wilfrid Laurier University, Laurel Creek Conservation Area, shopping and amenities at The Boardwalk, Costco, public transit and top-rated schools. A fantastic opportunity in one of Waterloo's most sought-after locations! (id:63159)
Listing Information
- MLS®
- 40858822
- Data last synced
- October 7, 2026
Coldwell Banker Peter Benninger Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Coldwell Banker Peter Benninger Realty
MLS® Number: 40858822
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
$289/sqft
Building average
—
No other active listings in this building
440 - Upper Beechwood/Beechwood W. average
$347/sqft
12 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: 5.0% ($25,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$400,000.00
Periodic payment — Principal & Interest (monthly)$2,580.66
Additional monthly expenses (condo fees, tax, utilities, etc.)$720.62
Total monthly cost$3,301.28
Interest paid over 5-yr term$114,641.15
Balance at end of term$359,801.29
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$25,000
Stress test qualifying rate8.19%
Payment you must qualify for$3,683.03
Cash Needed at Closing
Minimum down payment$25,000
Estimated Land Transfer Tax (LTT)$6,475
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,975
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.
