109 Westmount Road, Waterloo, ON
Property Highlights
Welcome to this remarkable 2-Storey condo apartment located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1000-1199 sqft
- 1.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: Carpet Free
- Efficient baseboard heating via electric
Description
Fantastic Opportunity in the Heart of Waterloo! This spacious 4-bedroom condo is located just steps from the University of Waterloo, making it an excellent choice for students, professionals, families, or investors. Vacant possession is available, allowing you to move in immediately or set your own rental rates. Renovated a few years ago, this bright and functional unit features 2 updated bathrooms, an open-concept kitchen with ample cabinetry and storage, in-suite laundry, and 6 included appliances. The thoughtfully designed layout offers comfortable living with excellent rental potential.The building includes secure underground parking and a private storage locker. Conveniently located near the University of Waterloo, schools, public transit, shopping, restaurants, and beautiful Waterloo Park.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 109 Westmount Road N, Waterloo, ON N2L 5G5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Waterloo, ON
For a property listed at $499,000 in Waterloo, the legal minimum down payment is $24,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,455 for this transaction. As this listing is in Waterloo (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.