$510K · 2 bed Condo Apartment · Unit 807, 4 Willow Street, Waterloo, Ontario N2J 1V5

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About this home

Welcome to this bright and spacious move-in ready condo located in one of Waterloo's most sought-after neighborhoods. This well-maintained unit features a modernized kitchen with stainless-steel appliances and a convenient built-in desk nook-perfect for working from home. The open-concept living and dining area flows into a sun-filled solarium/den, creating a comfortable and versatile living space with beautiful northern exposure. The unit offers 2 generous bedrooms and 2 full bathrooms, ideal f…

Property details

MLS#

X12920412

Status

Buy Now

Property class

Residential Condo & Other

Beds

Baths

2 full, 0 half

Rooms

Kitchens

Size

1000-1199Exact finished sqft not on MLS feed (often MPAC-only on broker systems)

Basement

Crawl Space, None

Style

Apartment

Type

Condo Apartment

Year built

—Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Vacant
Washrooms: 4 pc · Main; 3 pc · Main
Family room: No
Central vacuum: No
Ensuite laundry: No

Property features: Rec./Commun.Centre, Electric Car Charger

Condo corp #: 145
Balcony: Enclosed
Locker: Exclusive
Association amenities: Exercise Room, Guest Suites, Indoor Pool, Party Room/Meeting Room
Fees include: CAC Included, Parking Included, Water Included, Building Insurance Included
Pets: No

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Electric
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: King St S & Erb St E
Stories: 8
Utilities: —
Laundry: Ensuite
Laundry level: Main Level
Interior: None
Parking features: Underground

Price movement & seller pressure

↓ $30KPrice reduction

MLS shows the seller reduced the asking price by $30,000 (from $540,000 to $510,000).

Motivated SellerWhy this label

Vacant property — MLS shows vacant occupancy and the listing has been on market 120+ days.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $510,000✓ $4,452 tax✓ Electric✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,030/mo

incl. closing costs (yr 1)

Annual total

$60,362

year 1

Mortgage only

$1,935/mo

principal + interest

Beyond mortgage

$2,081/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$102,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$371/mo

Utilities

Hydro / electricity$75/mo

≈ $0.13/ft² × ~1,100 ft² · incl. electric heat

Heat$0/mo

Electric heat — no gas service · see hydro

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,100/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$82/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,675

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)38% $23,217/yr

Property taxes18% $11,127/yr

Utilities4% $2,460/yr

Insurance & security3% $1,600/yr

Maintenance8% $5,100/yr

Condo fees19% $11,758/yr

Closing costs8% $5,100/yr

Mortgage is 38% of your true cost of ownership. The other 62% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$23,217	$1,935/mo
Government & taxes
Property tax	$4,452	$371/mo
Land transfer tax(closing)	$6,675	$556/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,100	$425/mo
Condo fees
Condo / HOA fees	$11,758	$980/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$60,362	$5,030/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 807

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs