321 Northlake Drive, Unit 1, Waterloo, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $320,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-799 sqft
- 1.0 total parking spaces available
- Notable attributes: Carpet Free, Intercom, Separate Heating Controls
- Efficient baseboard heating via electric
Description
This bright and inviting 2-bedroom condo is perfectly situated in the highly desirable Lakeshore North neighborhood of Waterloo, known for its family-friendly atmosphere and excellent schools, parks, and amenities. Just a short walk from everyday conveniences like Sobeys, State & Main, and Tim Hortons - this nearly 800 square foot home offers a comfortable and stylish living space with carpet-free flooring for easy maintenance. Convenience of a coin-operated laundry room on the same level, an exclusive parking spot, visitor parking, and a private storage locker. The low condo fees include water, while hydro is paid separately by the owner. The location is ideal, with quick access to St. Jacobs Market, Laurel Creek Conservation Area, and public transit, as well as being only 8 minutes from Conestoga Mall, two universities, and a college campus. For commuters, the Expressway is just 5 minutes away, and families will enjoy being only a 5 minute bike ride from the nearest elementary school. Whether you are a first-time homebuyer, downsizing, or seeking a smart investment property, this well-maintained condo offers an excellent opportunity to enjoy comfortable and convenient living in a vibrant community.
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Property Summary
This condo apartment located at 321 Northlake Drive, Waterloo is currently for sale and has been available on SousaSells for 411 days. This property is listed at $320,000 with an estimated mortgage of $1,065* per month. It has 2 beds, 1 bathroom, and is 700-799 square feet. 321 Northlake Drive, Waterloo
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Interior Features
Carpet Free, Intercom, Separate Heating Controls, Storage Area Lockers
Security Features
Community Features
Location
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 321 Northlake Drive 1, Waterloo, ON N2V 1Z1
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 $320,000 in Waterloo, the legal minimum down payment is $16,000 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 $3,275 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 $3,275.
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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.