Gurvinder Nokwal REALTOR®
For Sale Condo Townhouse 20 days on market

$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
Map

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

Room Level Dimensions
Bedroom 4 Basement -
Primary Bedroom Second 11′ 0″ × 12′ 1″
Kitchen Main 7′ 5″ × 8′ 4″
Office Main 11′ 0″ × 8′ 6″
Bedroom 3 Second 13′ 0″ × 8′ 6″
Dining Room Main 9′ 2″ × 12′ 2″
Living Room Main 10′ 6″ × 10′ 1″
Bedroom 2 Second 9′ 9″ × 11′ 6″
Bedroom 5 Basement -

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

Minimum for this price: $24,950 (5%)

Amortization, years

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
Total, before legal fees
$106,255
Talk to me about financing

Estimates 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

405 Keats Way 2, Waterloo, ON N2L 5S7 Waterloo, ON N2L 5S7
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$499,000 405 Keats Way 2, Waterloo, ON N2L 5S7
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