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Property Type: Condo / ApartmentOwnership: Condominium
906 - 158 KING STREET
Waterloo, ON N2J0E5
MLS® X14033606
$358,000
2 bed2 bath0 parking
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $406/mo
- Annual property tax
- $3,251.23
Maintenance Fee Includes
WaterHeat
Also included: Insurance
Interior
- Basement
- None
- Heating
- Forced air, Natural gas
Description
Excellent Investment Opportunity at 158 King St, Waterloo! Ideally located near the University of Waterloo and Wilfrid Laurier University, this spacious 637 sq. ft. 1+1 bedroom unit features 2 washrooms and a functional layout with the potential to convert into a 2-bedroom unit. Enjoy high-quality finishes, stainless steel appliances, and elegant stone countertops. Surrounded by cafés, restaurants, supermarkets, and convenient public transit, offering an easy and comfortable lifestyle. Currently rented for $1,700/month, providing stable rental income and attractive investment potential. An excellent opportunity for investors seeking rental income or parents looking to purchase a property for their children attending nearby universities. Affordable entry price with great potential for long-term value! (id:63159)
Listing Information
- MLS®
- X14033606
- Data last synced
- October 15, 2026
BAY STREET INTEGRITY REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: BAY STREET INTEGRITY REALTY INC.
MLS® Number: X14033606
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: 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% ($17,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$286,400.00
Periodic payment — Principal & Interest (monthly)$1,847.76
Additional monthly expenses (condo fees, tax, utilities, etc.)$676.53
Total monthly cost$2,524.28
Interest paid over 5-yr term$82,083.06
Balance at end of term$257,617.73
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$17,900
Stress test qualifying rate8.19%
Payment you must qualify for$2,637.05
Cash Needed at Closing
Minimum down payment$17,900
Estimated Land Transfer Tax (LTT)$3,845
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,245
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.
