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Property Type: TownhouseOwnership: Condominium
T102 - 62 BALSAM STREET
Waterloo, ON N2L3H2
MLS® X12968580
$418,000
3 bed3.5 bath0 parking
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $1,125/mo
- Annual property tax
- $4,724.71 (2025)
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 |
|---|---|---|
| Bathroom | Lower level | — |
| Living room | Upper Level | — |
| Dining room | Upper Level | — |
| Kitchen | Upper Level | — |
| Den | Upper Level | — |
| Bathroom | Upper Level | — |
| Bedroom | Lower level | — |
| Bedroom 2 | Lower level | — |
| Bedroom 3 | Lower level | — |
| Bathroom | Lower level | — |
Description
Priced to Sell! Located just across from Wilfrid Laurier University and within walking distance to the University of Waterloo! An excellent opportunity for investment or personal use this fully furnished townhouse features a modern kitchen with stainless steel appliances. Offers 3 spacious bedrooms, a den with window, three bathrooms, and an additional study area on the second floor. Highlights include high ceilings and in-suite laundry for added convenience. (id:63159)
Listing Information
- MLS®
- X12968580
- Tax assessment year
- 2025
- Data last synced
- September 15, 2026
HOMELIFE LANDMARK REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: HOMELIFE LANDMARK REALTY INC.
MLS® Number: X12968580
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
$362/sqft
90 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:
Similar Listings Nearby
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($20,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$334,400.00
Periodic payment — Principal & Interest (monthly)$2,157.44
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,518.93
Total monthly cost$3,676.36
Interest paid over 5-yr term$95,840.00
Balance at end of term$300,793.88
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$20,900
Stress test qualifying rate8.19%
Payment you must qualify for$3,079.01
Cash Needed at Closing
Minimum down payment$20,900
Estimated Land Transfer Tax (LTT)$4,835
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,235
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.
