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Property Type: Condo / ApartmentOwnership: CondominiumNEW LISTING
45 WESTMOUNT Road N Unit# 202
Waterloo, ON N2L2R3
MLS® 40874193
75
Walk Score
55
Transit
94
Bike
$278,000
1 bed1 bath761 sqftBuilt 1971
75
Walk Score
55
Transit
94
Bike
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 1
GR
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $685/mo
- Annual property tax
- $2,089
Interior
- Basement
- None
- Heating
- Boiler, Natural gas
- Cooling / A/C
- Window air conditioner
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Main level | 7'10'' x 4'10'' |
| Sunroom | Main level | 19'5'' x 6'1'' |
| Kitchen | Main level | 7'10'' x 10'4'' |
| 4pc Bathroom | Main level | 7'2'' x 4'10'' |
| Primary Bedroom | Main level | 11'2'' x 13'7'' |
| Dining room | Main level | 8'4'' x 9'9'' |
| Living room | Main level | 11'10'' x 26'8'' |
Description
Whether you’re a first-time buyer, a professional or student seeking a central location, or a down-sizer looking for no property upkeep, this 1-bedroom condo delivers on every front. Perfectly positioned in a prime Waterloo location, this second-floor, east-facing unit features a spacious L-shaped living and dining area designed for both comfort and functionality. NEW flooring and paint bring a fresh and modern feel to this unit. The walk-through kitchen is neatly tucked behind a stylish sliding barn door at one end, while the generously sized bedroom can accommodate a king-sized bed. The property’s standout feature is the fully enclosed balcony—a bright, versatile space that functions as a sunroom, hobby area, or an additional storage space. A storage locker and surface parking is available to residents at no additional charge, while parking in the underground garage is available for $50/mo per transferable lease. Enjoy the convenience of being mere steps away from the University of Waterloo campus, Waterloo Park (the city's premier green space) and Westmount Place plaza -- for all your daily essentials. Other nearby destinations reachable by foot or a short public transit ride include the WLU campus, the Memorial Rec Centre and Uptown Waterloo Shops, stores and core. Book your showing today and discover everything this unit has to offer! (id:63161)
Listing Information
- MLS®
- 40874193
- Data last synced
- October 27, 2026
RED AND WHITE REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RED AND WHITE REALTY INC.
MLS® Number: 40874193
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
$365/sqft
Building average
—
No other active listings in this building
417 - Beechwood/University average
$513/sqft
51 active listing(s)
Parking: Not indicatedStorage 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% ($13,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$222,400.00
Periodic payment — Principal & Interest (monthly)$1,434.85
Additional monthly expenses (condo fees, tax, utilities, etc.)$897.44
Total monthly cost$2,332.29
Interest paid over 5-yr term$63,740.48
Balance at end of term$200,049.52
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$13,900
Stress test qualifying rate8.19%
Payment you must qualify for$2,047.76
Cash Needed at Closing
Minimum down payment$13,900
Estimated Land Transfer Tax (LTT)$2,645
Legal / closing costs (typical estimate)$1,500
Total cash needed$18,045
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.
