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Property Type: TownhouseOwnership: Condominium
UNIT 28 - 255 NORTHLAKE DRIVE
Waterloo, ON N2V1Z2
MLS® X14089324
65
Walk Score
50
Transit
73
Bike
$399,900
3 bed2.5 bath1 parking
65
Walk Score
50
Transit
73
Bike
Open House
Saturday, October 31
1:00 PM – 3:00 PM
Sunday, November 1
1:00 PM – 3:00 PM
Amenities
Visitor Parking
Also listed: Fireplace(s)
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 2
RMU-20
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $500/mo
- Annual property tax
- $3,065.03
Maintenance Fee Includes
Also included: Common Area Maintenance, Insurance
Interior
- Basement
- Finished, N/A
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | — |
| Living room | Main level | — |
| Dining room | Main level | — |
| Partial bathroom | Main level | — |
| Recreational, Games room | Basement | — |
| Utility room | Basement | — |
| Bedroom | Second level | — |
| Bedroom 2 | Second level | — |
| Bedroom 3 | Second level | — |
| Bathroom | Second level | — |
Description
Pride of ownership shines throughout this lovingly maintained townhome in the highly desirable Lakeshore North neighbourhood! Thoughtful updates make this home a pleasure to show. Luxury vinyl plank flooring flows throughout, complemented by coordinating flush-mount floor registers for a clean, cohesive look. The kitchen features rich mahogany-stained cherry wood Barzotti cabinetry, generous counter space and ample drawer and cupboard storage, creating a welcoming space for everyday living. The updates continue with a main-floor powder room featuring matching mahogany-stained cherry wood cabinetry and a one-piece elongated toilet, while the renovated upper-level bathroom features a spacious 5-foot walk-in shower with a glass enclosure. Upstairs, you'll find three well-sized bedrooms, each with ample closet space and upgraded doors in place of outdated sliding closet doors. Brushed nickel hardware adds a stylish, consistent finishing touch throughout. Need more room to relax? The finished basement offers a comfortable recreation room featuring a gas fireplace (as-is), along with a utility and laundry area with additional storage space. There's even a bathroom rough-in, offering the potential to add further convenience to the basement space. Step through the living room patio doors onto your personal deck, a great spot to enjoy your morning coffee or unwind at the end of the day. Recent improvements include a condominium roof replacement in 2026, along with a new tankless/ on demand water heater. Convenience is another standout feature, with two nearby shopping plazas offering a gym, Starbucks, Tim Hortons, restaurants, shopping and everyday essentials. Easy access to major highways and the St. Jacobs Farmers' Market adds to the appeal of this well-connected Waterloo location. A lovingly cared-for home with thoughtful updates, versatile living space and everyday conveniences close at hand. (id:63161)
Listing Information
- MLS®
- X14089324
- Data last synced
- October 28, 2026
Bosley Real Estate Ltd.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Bosley Real Estate Ltd.
MLS® Number: X14089324
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 OnePoint Association of REALTORS®.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Waterloo average
$362/sqft
90 active listing(s)
Parking: 1 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:
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($19,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$319,920.00
Periodic payment — Principal & Interest (monthly)$2,064.02
Additional monthly expenses (condo fees, tax, utilities, etc.)$755.42
Total monthly cost$2,819.43
Interest paid over 5-yr term$91,689.99
Balance at end of term$287,769.07
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$19,995
Stress test qualifying rate8.19%
Payment you must qualify for$2,945.68
Cash Needed at Closing
Minimum down payment$19,995
Estimated Land Transfer Tax (LTT)$4,474
Legal / closing costs (typical estimate)$1,500
Total cash needed$25,969
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.
