167 Waterloo Street, Unit 4, West Perth, ON

$307,500
MLS#:X9241394
2 beds
1 baths
900-999 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Mitchell. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $307,500 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 900-999 sqft
  • 1.0 total parking spaces available
  • Notable attributes: Water Heater Owned
  • Efficient baseboard heating via gas

Description

Beautiful 2 bedroom south facing end unit condo. Professionally updated in 2019. Eat in kitchen with plenty of counter space and cabinets opens to the huge Great room. It's bright and airy boasting 9 ft. ceiling, updated pot lights, gas fireplace (assists in heating) and south facing terrace door leading to the garden area. Comfortable sized bedrooms with spacious closets and because its the end unit, has extra windows in the bedrooms. With over 900 sq ft, this home is ready to move in and enjoy. This intimate condo building offers a fantastic location, walking distance to amenities. The building features wide bright hallways, secured access and plenty of parking. (Additional parking spot can be rented for $50/month). Why rent when you can come and own and build equity for yourself in the quaint town of Mitchell Ontario just 15 minutes to Stratford and 40 minutes to London.

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Property Summary

This condo apartment located at 167 Waterloo Street, West Perth is currently for sale and has been available on SousaSells for 709 days. This property is listed at $307,500 with an estimated mortgage of $1,024* per month. It has 2 beds, 1 bathroom, and is 900-999 square feet. 167 Waterloo Street, West Perth is in the Mitchell neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusExpired
Listed Date8/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyPerth
Annual Tax$1,221.88

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeBaseboard
CoolingNone

Features

Property Features

Golf, Greenbelt/Conservation, Park, Place Of Worship, School

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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167 Waterloo Street, Unit 4, West Perth, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 167 Waterloo Street Unit#6, West Perth, ON N0K 1N0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in West Perth.

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Interest Rate4.00%
Down Payment$92,250 (30.0%)
* Minimum Canadian down payment required for this price is $15,375.
Amortization Period30 Years
Estimated Monthly Payment$1,024Based on a loan of $215,250 over 30 years.
Purchase Price$307,500
Loan Amount$215,250
Provincial Land Transfer Tax:$3,088
Total Estimated Closing Taxes:$3,088

About Purchasing a Home in West Perth, ON

For a property listed at $307,500 in West Perth, the legal minimum down payment is $15,375 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 $3,088 for this transaction. As this listing is in West Perth (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,088.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Mitchell, West Perth.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$667,363

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.