Sold for:Sold Aug 5, 2025
$320,000

Unit 1, 321 Northlake Drive

Waterloo, ON N2V 1Z1

Condo Apartment SoldNot available
NorthLake Condominiums exteriorNorthLake Condominiums3 storeys, 110 suites, built 1980

Property not available for sale or for rent.

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Sale & Price History for Unit 1, 321 Northlake Drive, Waterloo

2025-05-29
2025-08-05
Sold
Price
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MLS#
x12181427

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 1, 321 Northlake Drive, Waterloo

This bright and inviting 2-bedroom condo is perfectly situated in the highly desirable Lakeshore North neighborhood of Waterloo, known for its family-friendly atmosphere and excellent schools, parks, and amenities. Just a short walk from everyday conveniences like Sobeys, State & Main, and Tim Hortons - this nearly 800 square foot home offers a comfortable and stylish living space with carpet-free flooring for easy maintenance. Convenience of a coin-operated laundry room on the same level, an exclusive parking spot, visitor parking, and a private storage locker. The low condo fees include water, while hydro is paid separately by the owner. The location is ideal, with quick access to St. Jacobs Market, Laurel Creek Conservation Area, and public transit, as well as being only 8 minutes from Conestoga Mall, two universities, and a college campus. For commuters, the Expressway is just 5 minutes away, and families will enjoy being only a 5 minute bike ride from the nearest elementary school. Whether you are a first-time homebuyer, downsizing, or seeking a smart investment property, this well-maintained condo offers an excellent opportunity to enjoy comfortable and convenient living in a vibrant community.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$1,884
Land Transfer Tax Fee
$3,275

Condo/Maintenance Fee

Maintenance Fee
$335 /month

Included In Maintenance Fee

  • Water Included

Rental Items

Rental Equipment
Hot water heater

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
Coin Operated, Common Area
Interior Extras
Carpet Free, Intercom, Separate Heating Controls, Storage Area Lockers
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
None

Building

Building Type
Condo Apartment
Building Style
Apartment
Condo Corp Number
176

Construction

Exposure
West
Exterior Finish
Brick
Special Designation
Unknown

Inclusions

Inclusions
ELF's, Stove, Fridge.

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Type
Exclusive
Parking Spaces
1
Total Garage And Parking Spaces
1

Lockers

Locker Type
Exclusive

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
None

Bedrooms
2
Washrooms
1
Kitchens
1

Washrooms

  • 4-piece, Main

Municipality
Waterloo
Main cross streets
Weber & Northfield
Directions
Weber & Northfield

MLS® number
X12181427
Data source
Toronto Regional Real Estate Board
Status change
2025-08-05
Listed on
2025-05-29
Days on market
68 days
Possession type
Immediate
Co-op commission
2% + HST
Seller
Listed by
ROYAL LEPAGE TERREQUITY REALTY

Home Market Value

Current home valuation for Unit 1, 321 Northlake Drive, Waterloo, , . Listed for $320,000

HOMEH Estimate

?

$294,600

Estimated Sales Range

?

$256,677 - $332,523

HOMEH Estimate for Unit 1, 321 Northlake Drive, Waterloo

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$294,600High confidence
Based on 4 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$16,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$12,160$8,928$7,616$0
=Total mortgage
$316,160$296,928$279,616$256,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$1,544monthly$1,450monthly$1,365monthly$1,250monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$3,275

Total Land Transfer Tax

$3,275

Around this home

3/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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7.0 /10

Sir Edgar Bauer

Private·elementary·910m

8.0 /10

Northlake Woods

Public·elementary·1.1km

8.8 /10

N A MacEachern

Public·elementary·1.3km

1.8 /10

Cedarbrae

Public·elementary·1.5km

4.9 /10

Winston Churchill

Public·elementary·2.3km

8.0 /10

St. David

Private·secondary·2.7km

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