255 Northfield Drive, Waterloo, ON

$349,900
MLS#:X8397456
1 beds
1 baths
500-599 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on June 14, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $349,900 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 500-599 sqft
  • 1.0 total parking spaces available
  • Notable attributes: On Demand Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to the top floor! Prepare to fall in love with this sleek and luxurious owner-occupied 1 bedroom, 1 bathroom unit, boasting a ton of upgrades and an unobstructed panoramic view! Here are the top 10 reasons to purchase this home: (1) Top floor unit means no upstairs neighbours for enhanced quiet (2) Unobstructed panoramic views to the north east, with spectacular sunrises and a clear view to the horizon. (3) Air conditioning and heating are controlled from WITHIN this unit, for personal levels of comfort (4) Excellent parking spot very close to the front door (5) Long list of upgrades includes engineered hardwood, luxury millwork, shaker cabinets, quartz countertops, penny tile backsplash, high end lighting, and more. (6) The primary bedroom features a walk-in with custom built-in wardrobe AND a large picture window with the same amazing view. (7) Spacious 4pc bath with glass shower, modern tile, and stylish matte black fixtures. (8) Impressive amenities include a party room that looks more like a high-end restaurant, a private gym, a co-working space, social second floor terrace, a pet washing station, hot tub, and secure bike storage (9)Shop sand restaurants on the premises, including Browns social house, Cobs Bread, a hair salon, a small market shop, and more! (10) Top-of-the-line new building in 2020, with a stylish and attractive design, plenty of parking, and low condo fees! Close to expressway, LRT, transit, and Conestoga Mall. Not holding offers, first come, first served...call your realtor today to book a private showing before it's gone!

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Property Summary

This condo apartment located at 255 Northfield Drive, Waterloo is currently for sale and has been available on SousaSells for 776 days. This property is listed at $349,900 with an estimated mortgage of $1,165* per month. It has 1 bed, 1 bathroom, and is 500-599 square feet. 255 Northfield Drive, Waterloo

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

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJune 14, 2024
Sold price information is available to members only
Listed Date5/31/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyWaterloo
Annual Tax$2,456.51

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

On Demand Water Heater

Security Features

Community Features

Location

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255 Northfield Drive, Waterloo, ON

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 255 Northfield Drive E 610, Waterloo, ON N2K 0G5

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 Waterloo.

Configure Loan Settings

Interest Rate4.00%
Down Payment$104,970 (30.0%)
* Minimum Canadian down payment required for this price is $17,495.
Amortization Period30 Years
Estimated Monthly Payment$1,165Based on a loan of $244,930 over 30 years.
Purchase Price$349,900
Loan Amount$244,930
Provincial Land Transfer Tax:$3,724
Total Estimated Closing Taxes:$3,724

About Purchasing a Home in Waterloo, ON

For a property listed at $349,900 in Waterloo, the legal minimum down payment is $17,495 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 $3,724 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 $3,724.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterloo.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$772,516

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Local Schools Guide

Elementary Schools

Our Lady of Lourdes
Public55 Roslin Avenue South, Waterloo, Ontario, N2L 6N5
5.0
Elizabeth Ziegler
Public90 Moore Avenue South, Waterloo, Ontario, N2J 1X2
6.3
Winston Churchill
Public100 Milford Avenue, Waterloo, Ontario, N2L 3Z3
5.5
L'Harmonie
Public158 Bridgeport Road East, Waterloo, Ontario, N2J 2K4
6.5
Keatsway
Public323 Keats Way, Waterloo, Ontario, N2L 5V9
4.8

Secondary Schools

St. David
Catholic4 High Street, Waterloo, Ontario, N2L 3X5
8.0
Bluevale
Public80 Bluevale Street North, Waterloo, Ontario, N2J 3R5
7.0

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.