Unit 507, 405 Erb Street W
Waterloo, ON N2L 1W7
- 2Bedrooms
- 2Bathrooms
- 1Parking
- 1200–1399Sq Ft
- $3,274Tax
- $759/moCondo Fee
Estimated Value:$394,000See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 507, 405 Erb Street W, Waterloo
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About Unit 507, 405 Erb Street W, Waterloo
Summarized Description
- Spacious penthouse with almost 1,300 sq. ft.
- Two large bedrooms with a private ensuite.
- Bright layout with carpet-free living areas.
- Convenient in-suite laundry facilities.
- Indoor heated parking spot included.
- Located near shopping, dining, and entertainment.
- Minutes from University of Waterloo and Laurier.
- Backing onto beautiful gardens and greenspace.
PENTHOUSE LIVING! BACKING ONTO GARDENS & GREENSPACE! Welcome to #507-405 Erb St W, offering almost 1,300 sq. ft. of finished, carpet-free living space in a bright and spacious layout. This well-maintained unit features a large living room and dining area, a functional kitchen, and the convenience of in-suite laundry with a stackable washer and dryer. The unit includes two generously sized bedrooms, highlighted by a primary suite complete with a walk-in closet and private 4-piece ensuite. A shared 3-piece bathroom provides additional convenience for guests or family members. Ideally located close to shopping, dining, and entertainment at The Boardwalk, as well as Costco, golf courses, cinemas, and everyday amenities. ONE INDOOR HEATED PARKING SPOT. Just minutes from University of Waterloo and Wilfrid Laurier University, with easy access to Highway 8, making commuting simple and convenient.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,274
- Land Transfer Tax Fee
- $4,474
Condo/Maintenance Fee
- Maintenance Fee
- $759 /month
Included In Maintenance Fee
- Parking Included
- Water Included
- Building Insurance Included
Rental Items
- Rental Equipment
- Hot Water Heater
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- In-Suite Laundry
- Interior Extras
- Auto Garage Door Remote
- Fireplace/Stove
- Yes
- Fireplace Features
- Natural Gas
- Elevator
- No
Exterior Features
- Balcony
- None
Building
- Building Type
- Condo Apartment
- Building Style
- 1 Storey/Apt
- Condo Corp Number
- 267
Construction
- Exposure
- West
- Exterior Finish
- Concrete Block, Concrete
- Roof
- Asphalt Shingle
- Special Designation
- Unknown
Inclusions
- Inclusions
- Dishwasher, Dryer, Refrigerator, Stove, Washer
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 1
- Parking Type
- Exclusive
- Parking Spaces
- 0
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- None
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 2
- Washrooms
- 2
- Kitchens
- 1
Washrooms
- 4-piece, Main
- 3-piece, Main
- Municipality
- Waterloo
- Main cross streets
- FISHCER-HALLMAN RD & ERB ST W
- Directions
- FISCHER-HALLMAN RD & ERB ST W
- MLS® number
- X13124924
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-07-23
- Listed on
- 2026-05-13
- Days on market
- 71 days
- Possession type
- Flexible
- Co-op commission
- 2%
- Seller
- Listed by
- RE/MAX TWIN CITY REALTY INC.
Home Market Value
Current home valuation for Unit 507, 405 Erb Street W, Waterloo, , . Listed for $399,900
HOMEH Estimate
$394,000
Estimated Sales Range
$330,265 - $457,735
HOMEH Estimate for Unit 507, 405 Erb Street W, Waterloo
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$19,995
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $15,196 | $11,157 | $9,518 | $0 |
=Total mortgage | $395,101 | $371,067 | $349,433 | $319,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,929monthly | $1,812monthly | $1,706monthly | $1,562monthly |
Land Transfer Tax
$4,474
$4,474
Around this home
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