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H204 - 62 Balsam Street
, Waterloo
$389,999
Welcome to 62 Balsam Street Unit H204, where space, convenience and location come together in the heart of Waterloo. Offering nearly 950 sq. ft. of thoughtfully designed living space, this spacious 1 bedroom plus den, 2 bathroom condo is an excellent opportunity for investors, first time buyers or a small family looking to get into the market. The versatile den provides the perfect space for a home office, study area or additional living space, while two full bathrooms add everyday convenience and flexibility. Ideally located just steps from Waterloo's universities, incredible dining, shopping and public transit, everything you need is right at your doorstep. Whether you're looking to add a well located property to your investment portfolio or want a spacious condo in one of Waterloo's most connected neighbourhoods, 62 Balsam Street is an opportunity you won't want to miss.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 11-15 |
| Size | 900-999 sq. ft. |
| Maintenance Fees | $781 |
| Locker | None |
| Balcony | Open |
| Exposure | East |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $3,630 |
| mls© Number | X13752700 |
| Listed By | EXP REALTY |
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%
- $1,996
- Property tax
- $303
- Heat allowance
- $150
- Condo fees, half counted
- $391
- Housing costs
- $2,839 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$87,000
gross annual household income
- Payment at 4%
- $1,641 / mo
- Cash down
- $78,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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