12 Bridgeport Road, Waterloo, ON
Property no longer active
This property was sold on October 21, 2024. This listing is for reference purposes only. to view the sold price.
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 $569,000 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.
- 5 Bedrooms and 2 Bathrooms
- Generous living space spanning 1400-1599 sqft
- Features a other basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Carpet Free
- equipped with other central cooling and highly efficient forced air heating via gas
Description
Calling all Investors or Parents of students studying locally! City approved student rental, 5 bedrooms may generate $48,000+ Gross Income per year. Originally a boot & shoe factory in the early 1900's this building was converted to loft style residential living, keeping character of the industrial era. Exposed brick & beam give this building a trendy cool vibe, any renter will love. $45,000 was spent to completely renovate this unit in 2018, including new kitchen, appliances, bathrooms, and new furnace installed in 2024. This unit features 5 large bedrooms & 2 bathrooms. Building Amenities include media party room, secure bike storage and on-site laundry. Desirable location for students, close proximity to Universities, LRT, bus routes, grocery stores, bars, restaurants and parks. 91 Walk Score, a "walkers paradise". An opportunity you don't want to miss!
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Property Summary
This condo apartment located at 12 Bridgeport Road, Waterloo is currently for sale and has been available on SousaSells for 750 days. This property is listed at $569,000 with an estimated mortgage of $1,894* per month. It has 5 beds, 2 bathrooms, and is 1400-1599 square feet. 12 Bridgeport Road, Waterloo
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 12 Bridgeport Road E 16, Waterloo, ON N2J 2J3
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 $569,000 in Waterloo, the legal minimum down payment is $31,900 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 $7,855 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 $7,855.
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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.