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Property Type: Condo / ApartmentOwnership: Condominium
8 - 20 MAYFIELD AVENUE
Waterloo, ON N2J4M5
MLS® X13725472
$699,900
3 bed2 bath2 parking
Property Details
Property & Lot
- Stories
- 2
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $305/mo
- Annual property tax
- $2,593 (2025)
Maintenance Fee Includes
Also included: Insurance, Parking
Interior
- Basement
- Unfinished, N/A
- Heating
- Baseboard heaters, Electric
- Cooling / A/C
- None
Description
Semi-Detached Home in Prime Waterloo Location! Welcome to this beautifully updated 3 Bedroom, Semi-detached home, perfectly situated in one of Waterloo's most sought after neighborhoods. This move in ready gem features a modern open-concept layout with stylish finishes and thoughtful upgrades throughout. The main floor boasts a bright and spacious living area, a contemporary kitchen with sleek cabinetry, and a dining space ideal for entertaining. Upstairs, you'll find three generous bedrooms with ample closet space Perfect for growing families or work-from-home flexibility. Enjoy peace of mind with all major updates completed, including flooring, lightings and much more! Located close to schools, universities, parks, shopping, and transit, this home offers the perfect blend of comfort, style, and convenience. Don't miss your chance to own this Turnkey property in the heart of Waterloo! (id:63159)
Listing Information
- MLS®
- X13725472
- Tax assessment year
- 2025
- Data last synced
- September 15, 2026
HOMELIFE/MIRACLE REALTY LTD
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: HOMELIFE/MIRACLE REALTY LTD
MLS® Number: X13725472
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: 2 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: 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: 6.4% ($44,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$559,920.00
Periodic payment — Principal & Interest (monthly)$3,612.41
Additional monthly expenses (condo fees, tax, utilities, etc.)$521.13
Total monthly cost$4,133.55
Interest paid over 5-yr term$160,474.68
Balance at end of term$503,649.85
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$44,990
Stress test qualifying rate8.19%
Payment you must qualify for$5,078.00
Cash Needed at Closing
Minimum down payment$44,990
Estimated Land Transfer Tax (LTT)$10,473
Legal / closing costs (typical estimate)$1,500
Total cash needed$56,963
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.
