$499,000
Est. payment $2,209/moCalculate yours
405 Keats Way 2, Waterloo, ON N2L 5S7
Waterloo, ON N2L 5S7
- 3 + 2 Beds
- 3 Baths
- 1 Garage
- 1,200 Sq Ft
Listing courtesy of REALTY 21 INC. MLS® X13834666
About this home
Stunning, Spacious & Income-Generating Gem Minutes from the University! Welcome to this beautifully maintained and incredibly spacious home offering the perfect blend of comfortable family living and exceptional income potential! Boasting 3+2 bedrooms and 3 full bathrooms across three fully finished levels, this home is a rare find in an unbeatable location. Step inside to discover a bright and airy main floor with stylish vinyl flooring throughout the open-concept living room, dining room, and versatile office/family room. The modern kitchen is a chefs dream, complete with a double sink, new range hood, and a brand-new stove to be installed before closing. The kitchen flows seamlessly into the dining area, which walks out to a private patio perfect for morning coffee or evening gatherings. Upstairs, youll find three oversized bedrooms with generous closet space and a full bathroom, offering ideal space for a growing family. Downstairs, the fully finished basement features two additional bedrooms, a full kitchen, and another full bathroom a perfect in-law suite or private rental unit with fantastic income-generating potential. Previously rented for up to $5,000/month, this home offers a lucrative opportunity for investors, first-time buyers, or those seeking to live upstairs and rent out the basement. The home comes with convenient carport parking right outside the unit, plus free visitor parking. The low monthly maintenance fee includes water, parking, landscaping, and snow removal, making this home both budget-friendly and hassle-free. Located just 5 minutes from the University, this is a prime location for students, professionals, and families alike. Whether you’re looking for a beautiful place to call home, a high-yield rental property, or the perfect mix of both this house checks all the boxes. Don’t miss your chance to own this bright, spacious, and versatile home in a sought-after area. Book your showing today!
Property details
Overview
- Property Type
- Condo Townhouse
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 1,200 sqft
Interior
- Bedrooms
- 3 + 2
- Bathrooms
- 3
- Kitchens
- 2
- Basement
- Apartment, Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
Lot & Parking
- Parking
- Carport garage · 1 total
Financial
- Property Taxes
- $3,280 (2026)
- Condo Fee
- $590/mo
- Fee Includes
- Water Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included
- Pets
- Yes-with Restrictions
Location
- Cross Street
- Keats Way &Fischer-Hallman Rd N
Listing
- MLS® Number
- X13834666
- Days on Market
- 20
- Listed On
- 2026-09-28
- Possession
- TBC
- Listed By
- REALTY 21 INC.
Rooms
Features
Interior
- None
Property
- Cul de Sac/Dead End
- Library
- Park
- Public Transit
- School
- School Bus Route
Amenities
- BBQs Allowed
- Visitor Parking
- Included
- New Rangehood and Stove, Fridge, Dishwasher, Washer & Dryer, Basement Hot plate and Fridge, Owned Water Heater tank.Certain furnishings may be negotiated as part of the purchase agreement.
Mortgage calculator
Estimated mortgage payment
$2,209 per month
- Principal and interest
- $2,209
- Property tax
- $273
- Condo fees
- $590
- Estimated monthly cost
- $3,073
Your mortgage
- Mortgage amount
- $399,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $263,639
Cash to close
- Down payment
- $99,800
- Land transfer tax
- $6,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $106,255
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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