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 $499,900 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.
Rarely offered unit with underground parking! Welcome to 405 Erb Street. Surrounded by gardens with seating areas, this property provides a serene outdoor space to relax and enjoy nature. The building amenities include a gym, games/entertainment room and landscaped outdoor entertaining spaces. In the unit, the spacious primary bedroom offers large windows with a scenic view, and a walk-through closet to an en-suite bathroom with a soaker tub. The second bedroom includes a generous closet and plenty of natural light, and the second bathroom features a standing shower. The spacious kitchen features wooden cabinets and connects to a bright dining area perfect for entertaining. The large sitting room, with its big window, is ideal for relaxing, hosting guests, or watching TV. This spacious condo is ready for your personal touch - with gorgeous outdoor spaces, plenty of nearby amenities, and a warm, inviting atmosphere perfect for comfortable living. Freshly painted to a neutral grey.
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This condo apartment located at 405 ERB Street, Waterloo is currently for sale and has been available on SousaSells for 601 days. This property is listed at $499,900 with an estimated mortgage of $1,664* per month. It has 2 beds, 2 bathrooms, and is 1200-1399 square feet. 405 ERB Street, Waterloo
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Rec./Commun.Centre, Public Transit, Park
Auto Garage Door Remote, Primary Bedroom - Main Floor
Security System
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 405 ERB Street W 306, Waterloo, ON N2L 1W7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Waterloo.
About Purchasing a Home in Waterloo, ON
For a property listed at $499,900 in Waterloo, the legal minimum down payment is $24,995 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 $6,473 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 $6,473.
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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.