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Property Type: Condo / ApartmentOwnership: Condominium
375 KING Street N Unit# 1608
Waterloo, ON N2J4L6
MLS® 40848343
$319,000
2 bed1 bath1 parking1,072 sqftBuilt 1984
Amenities
Gym
Also listed: Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
- Frontage
- 0 feet
RMU-81
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $901/mo
- Annual property tax
- $2,110
Maintenance Fee Includes
WaterManagementHeat
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Main level | 4'11'' x 9'8'' |
| Bedroom | Main level | 9'0'' x 14'5'' |
| Bedroom | Main level | 10'0'' x 19'0'' |
| Kitchen | Main level | 7'6'' x 12'9'' |
| Dining room | Main level | 10'0'' x 19'0'' |
| Living room | Main level | 10'10'' x 20'8'' |
Description
Welcome to this bright and generously sized 2-bedroom, 1-bathroom condo in the heart of Waterloo! Featuring over 1,000 sq. ft. of living space, this unit offers a functional layout with a large living/dining area, a well-appointed kitchen, and spacious bedrooms. Panoramic view from your private balcony. Conveniently located near shopping, transit, universities, and major highways, this unit is perfect for First Time home buyers, investors, or move up buyers looking to live in heart of Waterloo. Building amenities include a large gym, conference room, arts & crafts room, party room, ample visitor parking, indoor rooftop swimming pool, workshop, library , billiards table & a ping pong table. Also there is a free car wash in parking level for building residents. Book your showing today! ( Locker available & 1 covered parking available underground.) Also note that all utilities are included in the condo fees. (id:63159)
Listing Information
- MLS®
- 40848343
- Data last synced
- September 15, 2026
RE/MAX REAL ESTATE CENTRE INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX REAL ESTATE CENTRE INC.
MLS® Number: 40848343
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
$298/sqft
Building average
—
No other active listings in this building
421 - Lakeshore/Parkdale average
$298/sqft
17 active listing(s)
Parking: 1 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: Cambridge
3°C
Fog
Humidity 98%
Wind NE calm km/h
Today
20°
Tonight
5°
Friday
12°
Friday night
-2°
Saturday
14°
Saturday night
3°
Source: Environment and Climate Change Canada.
Population
126,356
(2021 Census)
+15.5% since 2016
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($15,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$255,200.00
Periodic payment — Principal & Interest (monthly)$1,646.46
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,130.59
Total monthly cost$2,777.06
Interest paid over 5-yr term$73,141.05
Balance at end of term$229,553.23
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$15,950
Stress test qualifying rate8.19%
Payment you must qualify for$2,349.77
Cash Needed at Closing
Minimum down payment$15,950
Estimated Land Transfer Tax (LTT)$3,260
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,710
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.
