$415,000
↓ $14,000 from $429,000
Est. payment $1,838/moCalculate yours
330 Phillip Street TN-203, Waterloo, ON N2L 3W9
Waterloo, ON N2L 3W9
- 1 + 1 Beds
- 1 Baths
- 500 Sq Ft
Listing courtesy of IREP REALTY INC. MLS® X13551686
About this home
An exceptional investment opportunity in the heart of Waterloo’s thriving university district! This bright and functional 1+1 bedroom, 1 bathroom condo is steps From The University Of Waterloo and Wilfrid Laurier University. The property offers amazing amenities including; fitness centre, basketball court, theatre room, games room, multiple study lounges, and on site retail along with amazing proximity to restaurants and shopping. Whether you’re looking to expand your investment portfolio, purchase your first income property, or looking for your kind, this unit offers outstanding rental potential in one of the region’s strongest student housing markets. The building has historically experienced nearly 0% vacancy, providing investors with confidence in consistent rental demand and reliable cash flow. Designed for hassle-free ownership, the property also benefits from professional management, offering a stress-free investment experience with minimal day-to-day involvement. Don’t miss your chance to own a turnkey investment in a prime location with proven rental performance, exceptional demand, and the convenience of low-maintenance, professionally managed ownership. Already rented through to 2027, however, vacant possession can be provided if sold before the end of August.
Property details
Overview
- Property Type
- Condo Apartment
- Style
- Apartment
- For
- For Sale
- Status
- Price Change
- Size
- 500 sqft
Interior
- Bedrooms
- 1 + 1
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
Lot & Parking
- Parking
- Underground garage
Financial
- Property Taxes
- $3,523 (2026)
- Condo Fee
- $324/mo
- Fee Includes
- Heat Included, Hydro Included, Water Included, Building Insurance Included, Common Elements Included
- Pets
- Yes-with Restrictions
Location
- Cross Street
- University Ave and Phillip St
Listing
- MLS® Number
- X13551686
- Days on Market
- 103
- Listed On
- 2026-07-07
- Listed By
- IREP REALTY INC.
Features
Interior
- None
- Included
- Stainless steel fridge, stove dishwasher. Built in microwave. Washer and Dryer.
- Excluded
- None
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$1,838 per month
- Principal and interest
- $1,838
- Property tax
- $294
- Condo fees
- $324
- Estimated monthly cost
- $2,455
Your mortgage
- Mortgage amount
- $332,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $219,259
Cash to close
- Down payment
- $83,000
- Land transfer tax
- $4,775
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $87,775
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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