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Property Type: TownhouseOwnership: Freehold
541 WILD IRIS Avenue
Waterloo, ON N2V2W4
MLS® 40852607
$699,000
4 bed2.5 bath3 parking1,501 sqft
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 2
- Frontage
- 38 feet
R7
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Freehold
- Annual property tax
- $4,357
Interior
- Basement
- Unfinished, Full
- Heating
- Forced air
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Second level | 11'0'' x 10'1'' |
| Bedroom | Second level | 11'0'' x 10'8'' |
| Bedroom | Second level | 11'8'' x 10'8'' |
| Laundry room | Main level | — |
| 4pc Bathroom | Second level | — |
| Primary Bedroom | Second level | 12'4'' x 10'7'' |
| Living room | Main level | 11'0'' x 13'9'' |
| Kitchen/Dining room | Main level | 10'5'' x 20'10'' |
| 2pc Bathroom | Main level | — |
Description
Experience the perfect blend of comfort and convenience in this stunning 4-bedroom end-unit townhouse. Designed with both first-time buyersand growing families in mind, the home features seamless, high-quality laminate flooring across both the main and upper levels. The bright,open-concept kitchen flows naturally into the living space, making it an ideal hub for entertaining. Step outside to a fully fenced, privatebackyard complete with a cozy porch—your own quiet retreat. Situated just moments from premier shopping, the YMCA, local universities, andtop-rated schools, this home offers an unparalleled lifestyle in one of the city's most sought-after neighbourhoods. (id:63159)
Listing Information
- MLS®
- 40852607
- Data last synced
- September 22, 2026
Peak Realty Ltd.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Peak Realty Ltd.
MLS® Number: 40852607
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
$466/sqft
Building average
—
No other active listings in this building
443 - Columbia Forest/Clair Hills average
$392/sqft
10 active listing(s)
Parking: 3 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
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 6.4% ($44,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$559,200.00
Periodic payment — Principal & Interest (monthly)$3,607.77
Additional monthly expenses (condo fees, tax, utilities, etc.)$438.08
Total monthly cost$4,045.85
Interest paid over 5-yr term$160,268.33
Balance at end of term$503,002.21
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$44,900
Stress test qualifying rate8.19%
Payment you must qualify for$5,071.72
Cash Needed at Closing
Minimum down payment$44,900
Estimated Land Transfer Tax (LTT)$10,455
Legal / closing costs (typical estimate)$1,500
Total cash needed$56,855
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.
