463 Beechwood Place, Unit 61, Waterloo, ON

$468,000
MLS#:X9035988
2 beds
2 baths
900-999 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $468,000 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 2 Bathrooms
  • Generous living space spanning 900-999 sqft
  • 1.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

WELCOME HOME! This fantastic property offers a great option for living space, savings, and the additional security of a very well run condominium community. Offering 2 bedrooms and 2 bath, this unit provides ample use of space with a large living room and galley style kitchen, with easy access to laundry. The sun filled and spacious living room has large windows and a walkout to your very own private terrace to enjoy your morning coffee and overlook the neighbourhood. An absolute perfect location for first time buyers or the savvy Investor that wishes to add to their portfolio! This condominium has access to the landscaped green space area in the middle of the community, which boasts a park like setting with benches and a small walkway. The location is so close to Ira Needles shopping with the convenience of a Costco, Canadian Tire, fitness centres, The Medical Centres, and many different dining establishments and shopping plazas to choose from. The Zehrs plaza is less than a 5 minute walk away, direct bus routes to the Universities and all amenities, and a short drive to Uptown Waterloo which hosts tons of entertainment. The unit comes with one parking space directly in front of the unit, and there is plenty visitor parking throughout. Call and book your showing today!

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Property Summary

This townhouse located at 463 Beechwood Place, Waterloo is currently for sale and has been available on SousaSells for 734 days. This property is listed at $468,000 with an estimated mortgage of $1,558* per month. It has 2 beds, 2 bathrooms, and is 900-999 square feet. 463 Beechwood Place, Waterloo

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

Key Features

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

Additional Details

StatusSold
Sold DateAugust 19, 2024
Sold price information is available to members only
Listed Date7/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionVinyl Siding
BasementNone
CountyWaterloo
Annual Tax$2,354

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Greenbelt/Conservation, Park, Rec./Commun.Centre, Public Transit, Hospital, Campground

Interior Features

None

Security Features

Community Features

Location

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463 Beechwood Place, Unit 61, 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 463 Beechwood Place 61, Waterloo, ON N2T 2N8

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$140,400 (30.0%)
* Minimum Canadian down payment required for this price is $23,400.
Amortization Period30 Years
Estimated Monthly Payment$1,558Based on a loan of $327,600 over 30 years.
Purchase Price$468,000
Loan Amount$327,600
Provincial Land Transfer Tax:$5,835
Total Estimated Closing Taxes:$5,835

About Purchasing a Home in Waterloo, ON

For a property listed at $468,000 in Waterloo, the legal minimum down payment is $23,400 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 $5,835 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 $5,835.

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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$772,552

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.