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Property Type: Condo / ApartmentOwnership: Condominium
511 - 191 KING STREET S
Waterloo, ON N2J1R1
MLS® X13817438
$665,000
2 bed2 bath3 parking
Amenities
Also listed: Storage - Locker
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $913/mo
- Annual property tax
- $5,836 (2025)
Maintenance Fee Includes
WaterHeat
Also included: Common Area Maintenance, Insurance, Parking
Interior
- Basement
- None
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | — |
| Kitchen | Main level | — |
| Bedroom | Main level | — |
| Bathroom | Main level | — |
| Bedroom | Main level | — |
| Bathroom | Main level | — |
Description
SOUTHWEST CORNER UNIT, 3 PARKING SPACES, 2 LOCKERS & STEPS TO UPTOWN WATERLOO! Welcome to Unit 511 at Bauer Lofts, a coveted boutique building steps from Vincenzo's, Bauer Kitchen, the LRT, and all the amenities Uptown Waterloo has to offer. Featuring 10 ft ceilings and an abundance of natural light flowing through extensive floor-to-ceiling windows, this spacious 2 Bed, 2 Full Bath corner unit offers 1130 sq ft of living space, three owned parking spaces, two lockers and plenty of interior storage. The open concept floor plan extends onto a private corner balcony with sweeping sunset views, while the updated kitchen features a custom designed 8+ ft island with a clever pullout extension perfect for entertaining. The spacious primary suite is a true retreat, complete with a 5-piece ensuite bath featuring double sinks, granite counters, separate shower and soaker tub. Thoughtful recent updates include full professional paint throughout (2024), a new air conditioner (2025), new blackout window coverings (2025) and custom built closet doors (2025). Rare for condo living, this unit includes TWO side-by-side underground vehicle spaces, a dedicated motorcycle space and TWO storage lockers. Residents enjoy premium amenities including a fitness centre, bike storage, amenity room and rooftop terrace. A rare combination of space, natural light and location in one of Waterloo's most recognizable & distinguished boutique buildings. Don't miss the video and virtual tour! (id:63161)
Listing Information
- MLS®
- X13817438
- Tax assessment year
- 2025
- Data last synced
- October 22, 2026
RE/MAX TWIN CITY REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX TWIN CITY REALTY INC.
MLS® Number: X13817438
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 Toronto Regional Real Estate Board.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Waterloo average
$476/sqft
185 active listing(s)
Parking: 3 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
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Mortgage & Ownership Cost Calculator
Minimum required: 6.2% ($41,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$532,000.00
Periodic payment — Principal & Interest (monthly)$3,432.28
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,399.56
Total monthly cost$4,831.85
Interest paid over 5-yr term$152,472.73
Balance at end of term$478,535.72
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$41,500
Stress test qualifying rate8.19%
Payment you must qualify for$4,834.46
Cash Needed at Closing
Minimum down payment$41,500
Estimated Land Transfer Tax (LTT)$9,775
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,775
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.
