Living room with furniture, wood/laminate floor for 62 Balsam St #T201, Waterloo Ontario N2L 3H2
57 days on Market

62 Balsam St #T201, Waterloo, Ontario N2L 3H2

In the same building:
-
Condo
3 + 2
3
~1600-1799 sqft
$•••,•••
$599,999
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Condo
3 + 2
3
~1600-1799 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$354/sqft

Est. Mortgage$2,577/mo

Maintenance fees$1100/mo

Tax Amount (2024)$3,958/yr

Days On Market57 days


Description

Turnkey Investment Opportunity Prime Waterloo Location! This spacious 3-bedroom + 2 additional rooms corner end-unit townhome is a fantastic investment in a high-demand rental area. Located just minutes from University of Waterloo, Wilfrid Laurier University, and Technology Park, it s perfect for students and professionals alike. Freshly painted with a brand-new A/C unit for year-round comfort Fully furnished includes all furniture, 6 appliances, window coverings, and a TV Bright, open-concept design with a large living/dining area for comfortable living Versatile layout includes a main floor media room, upper-level den, and lower-level study lounge Upper-level laundry for added convenience This well-maintained home is close to shopping, restaurants, banks, Waterloo Park, and major malls, offering a blend of convenience and strong rental potential. A low-maintenance, high-return investment in one of Waterloo s most sought-after locations.


Property Details

StyleStacked Townhouse
View-
Age of property6-10
SqFt~1600-1799 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX12019940
Community NameColumbia
Data SourceTRREB
Listing byTHE CANADIAN HOME REALTY INC.

Features

Heating: Forced Air
Central Vacuum
Cooling: Central Air

Main Floor

Living

4.41 x 3.47

Open Concept / Laminate / Combined W/Kitchen

Dining

3.05 x 2.53

O/Looks Backyard / Window

Kitchen

2.9 x 3.74

Granite Counter / Stainless Steel Appl / Ceramic Floor

Media/Ent

4.4 x 3.01

O/Looks Frontyard / Laminate / Window


Features

Patio: Open
Balcony: Open

2Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Mar 14, 2025
Listed for
$599,999
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Price change
$•••,•••
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Listed
$•••,•••
57 days on market
history photo preview25
Listing by trreb®
Property listed by THE CANADIAN HOME REALTY INC., Brokerage

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Market Data - Columbia

Geo Zone Map ThumbnailColumbia

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

49 days

Compared to

2024

32 days

2023

35 days

2022

13 days

New Listings

Past 30 days

46 listings

Compared to

2024

45 listings

2023

35 listings

2022

62 listings

Units sold

Past 30 days

5 units

Compared to

2024

15 units

2023

21 units

2022

18 units

Median Sold Price

Past 30 days

$455,000

Compared to

2024

$415,000

2023

$488,000

2022

$542,500


Population and Demographics

Overview

Total population 7359
Average household income $71,241

Age (%)

20 to 34
64%
0 to 19
15%
35 to 49
9%
50 to 64
7%
65 and plus
5%

Household composition (%)

Single person
40%
Multi person
32%
Single family
28%
Multi family
0%

Mother tongue (%)

English
56%
Mandarin
17%
Hindi
5%
Others
3%
Punjabi (Panjabi)
3%
Arabic
3%
Gujarati
2%
Spanish
2%
Telugu
1%

House tenancy (%)

Renters
86%
Owners
14%

Schools and amenities

Estimated Budget