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Property Type: Condo / ApartmentOwnership: CondominiumRECENTLY LISTED
B303 - 62 BALSAM STREET
Waterloo, ON N2L3H2
MLS® X14110926
87
Walk Score
69
Transit
77
Bike
$299,000
2 bed2.5 bath0 parking
87
Walk Score
69
Transit
77
Bike
Amenities
Also listed: Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $520/mo
- Annual property tax
- $3,036.39
Maintenance Fee Includes
Water
Also included: Common Area Maintenance, Insurance
Interior
- Basement
- None
- Heating
- Forced air, Natural gas
- Cooling / A/C
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Flat | — |
| Dining room | Flat | — |
| Kitchen | Flat | — |
| Bedroom | Flat | — |
| Den | Flat | — |
Description
Welcome to Sage 3 Waterloo Specious and Bright Unit with 1+1 Bedroom and 1.5 Bath, Located in the Heart of Waterloo's University District. Primary Bedroom and Living Room are Direct Access to the 126 Sqft Open Balcony. The Den Features a Sliding Door, Making it Ideal for Use as A Second Bedroom. The Contemporary Kitchen is Equipped with Granite Countertops, Backsplash, and Stainless Steel Appliances. Steps to Wilfrid Laurier University and the University of Waterloo, Public Transit, Restaurants, and Shopping. Maintenance Fee Include Water and Rogers High-Speed Internet. This Fresh Painted Furnished Move-In Ready Suite is Perfect for Both End-Users and Investors. (id:63161)
Listing Information
- MLS®
- X14110926
- Data last synced
- October 24, 2026
Initia Real Estate
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Initia Real Estate
MLS® Number: X14110926
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% ($14,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$239,200.00
Periodic payment — Principal & Interest (monthly)$1,543.24
Additional monthly expenses (condo fees, tax, utilities, etc.)$772.95
Total monthly cost$2,316.19
Interest paid over 5-yr term$68,555.41
Balance at end of term$215,161.17
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$14,950
Stress test qualifying rate8.19%
Payment you must qualify for$2,202.45
Cash Needed at Closing
Minimum down payment$14,950
Estimated Land Transfer Tax (LTT)$2,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$19,410
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.
