Gurvinder Nokwal REALTOR®
For Sale Condo Apartment 103 days on market

$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
Map

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

Minimum for this price: $20,750 (5%)

Amortization, years

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
Total, before legal fees
$87,775
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

330 Phillip Street TN-203, Waterloo, ON N2L 3W9 Waterloo, ON N2L 3W9
Open in Google Maps

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).

$415,000 330 Phillip Street TN-203, Waterloo, ON N2L 3W9
Request a showing