Unit B306, 62 Balsam Street
Waterloo (Beechwood/University), ON N2L 3H2
Balsa Two6 storeys, 98 suites, built 2015- 1+1Bedrooms
- 2Bathrooms
- 0Parking
- 700–799Sq Ft
- $2,895Tax
- $493/moCondo Fee
Estimated Value:$351,000See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit B306, 62 Balsam Street, Waterloo, Beechwood/University
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About Unit B306, 62 Balsam Street, Waterloo, Beechwood/University
Client RemarksStep into modern condo living with this spacious and beautifully maintained 777 sq. ft. furnished suite, perfectly located just steps from Wilfrid Laurier University and the University of Waterloo. Designed for comfort and versatility, this 1-bedroom plus large den (easily used as a second bedroom or home office) offers the functionality of a 2-bedroom unit at a fraction of the price. Inside, you'll find a bright open-concept layout, complete with granite countertops, stainless steel appliances, and ample cabinetry in the contemporary kitchen. The primary bedroom features direct access to a private balcony, shared with the living room. Enjoy the convenience of two full bathrooms, in-suite laundry, and plenty of natural light throughout. Residents enjoy premium building amenities including a rooftop terrace, social lounge with smart TV, and dedicated study areas, making this a fantastic space for students, professionals, or short/long-term tenants. Water and Internet included in condo fees! Whether you're seeking a comfortable home or a smart investment in one of Waterloo's most in-demand rental areas, this turnkey condo checks all the boxes.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,895
- Land Transfer Tax Fee
- $4,475
Condo/Maintenance Fee
- Maintenance Fee
- $493 /month
Included In Maintenance Fee
- Common Elements Included
- Water Included
- CAC Included
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Ensuite
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Open
Building
- Building Type
- Condo Apartment
- Building Style
- 1 Storey/Apt
- Condo Corp Number
- 594
Construction
- Exposure
- North
- Exterior Finish
- Concrete
- Special Designation
- Unknown
Parking & Garages
- Garage Type
- Underground
- Garage Spaces
- 0
- Parking Type
- None
- Parking Spaces
- 0
- Total Garage And Parking Spaces
- 0
Lockers
- Locker Type
- None
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 1 + 1
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Living Room—Main level
- Dining Room—Main level
- Kitchen—Main level
- Den—Main level
- Bedroom—Main level
Washrooms
- 4-piece, Main
- 2-piece, Main
- Municipality
- Waterloo
- Neighbourhood
- Beechwood/University
- Main cross streets
- University/Balsam
- Directions
- University/Balsam
- MLS® number
- X12289898
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-09-30
- Listed on
- 2025-07-16
- Days on market
- 76 days
- Possession type
- 60-89 days
- Co-op commission
- 2.75
- Seller
- Listed by
- CENTURY 21 HERITAGE GROUP LTD.
Home Market Value
Current home valuation for Unit B306, 62 Balsam Street, Waterloo, Beechwood/University, Waterloo, ON. Listed for $399,999
HOMEH Estimate
$351,000
Estimated Sales Range
$277,290 - $424,710
HOMEH Estimate for Unit B306, 62 Balsam Street, Waterloo, Beechwood/University
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
$20,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $15,200 | $11,160 | $9,520 | $0 |
=Total mortgage | $395,199 | $371,159 | $349,519 | $319,999 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,930monthly | $1,812monthly | $1,707monthly | $1,562monthly |
Land Transfer Tax
$4,475
$4,475
Around this home
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