Loading…
Property Type: Condo / ApartmentOwnership: CondominiumNEW LISTING
#408 - 255 KEATS WAY
Waterloo, ON N2L6N6
MLS® X14119970
69
Walk Score
55
Transit
78
Bike
$509,900
2 bed2 bath1 parking
69
Walk Score
55
Transit
78
Bike
Amenities
GymVisitor Parking
Also listed: Storage - Locker, Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $797/mo
- Annual property tax
- $4,562 (2025)
Maintenance Fee Includes
Water
Also included: Common Area Maintenance, Insurance, Parking
Interior
- Basement
- None
- Heating
- Forced air, Natural gas
- Cooling / A/C
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | — |
| Living room | Main level | — |
| Dining room | Main level | — |
| Primary Bedroom | Main level | — |
| Bathroom | Main level | — |
| Bedroom 2 | Main level | — |
| Bathroom | Main level | — |
Description
This luxurious condominium next to Waterloo's University District presents an exceptional opportunity for a discerning buyer. Situated near the heart of Waterloo and just renovated (2026), modern and carpet free, walking distance to both Universities, ION and Waterloo Park. Over 1300 sq ft of living space on the fourth floor, offering two large bedrooms, 2 bathrooms, an open concept living room/dining room , and a balcony with tons of natural lights . The spacious living and dining areas provide ample room for entertaining a multitude of guests. Enjoy the convenience of this prime location, just a short walk from T&T grocery, popular restaurants, the Waterloo REC Centre, Waterloo Park, the University of Waterloo, and the LRT. With an underground parking spot, a secure locker, and proximity to all essentials, this condo is the perfect blend of comfort, style, and accessibility. Washer, Dryer (2024) Fridge, Microwave, Dish Washer, Range Hood, Oven (2026) (id:63161)
Listing Information
- MLS®
- X14119970
- Tax assessment year
- 2025
- Data last synced
- October 29, 2026
Keller Williams Home Group Realty
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Keller Williams Home Group Realty
MLS® Number: X14119970
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 OnePoint Association of REALTORS®.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Waterloo average
$476/sqft
185 active listing(s)
Parking: 1 stall(s) includedStorage locker: Included
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
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 5.1% ($25,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$407,920.00
Periodic payment — Principal & Interest (monthly)$2,631.76
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,176.81
Total monthly cost$3,808.57
Interest paid over 5-yr term$116,911.04
Balance at end of term$366,925.36
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$25,990
Stress test qualifying rate8.19%
Payment you must qualify for$3,752.11
Cash Needed at Closing
Minimum down payment$25,990
Estimated Land Transfer Tax (LTT)$6,673
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,163
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.
