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Listed 16 days ago

1002 - 330 Phillip Street S

, Waterloo

$589,000

Condo Apartment |
3 | 2 | 1 | 1
About this home

Experience one of Waterloo's largest and most dynamic modern living developments. This ICON 330 -South building-10th floor spacious unit has 3 BEDROOMS, 1 EXCLUSIVE Owned GARAGE PARKING SPOT, 1 Storage LOCKER. Amazing sunset views from most windows and All bedrooms have windows. The bedrooms are fully furnished for your convenience. The sleek, modern kitchen is equipped with quartz countertops, stainless steel appliances, ample cabinetry, and a stylish island . The spacious living room has a fabulous view with floor to ceiling windows. In-suite laundry is a bonus! Experience the benefits of living at ICON with everything you could ever need located under one roof. Fully equipped games room, state of the art gym, Yoga studio, basketball court, Social lounge, Theatre, Rooftop patio, Private meeting rooms and business centre. Concierge and 24 hour security. The bonus of living on the 10th floor is that you have access to all the elevators and can easily walk to amenities and to the North building. This is a prime opportunity for investors or parents of WLU/UW students-live in one room and rent out the other 2 bedrooms plus a rentable parking spot! You will be impressed with Elevated Student Living at the ICON 330

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Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. Age6-10
Size800-899 sq. ft.
Maintenance Fees$581
LockerOwned
BalconyTerrace
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground, Reserved/Assigned
Property Tax$4,626
mls© NumberX13747900
Listed ByROYAL LEPAGE FLOWER CITY REALTY
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,015
Property tax
$386
Heat allowance
$150
Condo fees, half counted
$291
Housing costs
$3,841 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $117,800
25-yr amortization

Income needed

$118,000

gross annual household income

Payment at 4%
$2,479 / mo
Cash down
$117,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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