Sold for:Sold Nov 7, 2025
$435,000

Unit H302, 62 Balsam Street

Waterloo (Beechwood/University), ON N2L 3H2

Condo Apartment SoldNot available
Balsa Two exteriorBalsa Two6 storeys, 98 suites, built 2015
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

This home has sold. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for Unit H302, 62 Balsam Street, Waterloo, Beechwood/University

2025-09-11
2025-11-07
Sold
Price
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MLS#
x12402268

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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 H302, 62 Balsam Street, Waterloo, Beechwood/University

Discover a rare opportunity in the heart of Waterloo a spacious and meticulously maintained 900+ sq. ft. condo that blends comfort, style, and unbeatable convenience. Just steps from Wilfrid Laurier University and minutes to the University of Waterloo, this modern residence is an excellent choice for first-time buyers, professionals, or investors seeking a turnkey property in a prime location. Featuring a functional layout with 1 bedroom, a large den, and 2 full bathrooms, this home offers flexible living options, including the potential for shared accommodation. The open-concept kitchen showcases a breakfast bar, full-size appliances, and a built-in dishwasher, while the southwest-facing floor-to-ceiling windows fill the space with natural light. Each room offers direct access to the private 100+ sq. ft. balcony overlooking the vibrant Woonerf streetscape. The primary bedroom includes a walk-in closet and a private 4-piece ensuite, while a second full bathroom and in-suite laundry add everyday convenience. One extra-wide underground parking space ideally located near the elevator and large enough for an SUV or minivan is also included. Residents enjoy professional management, a strong reserve fund, and amenities such as a rooftop terrace, study lounge, bike room, secured entry, and visitor parking. High-speed internet is also included in condo fees. Whether you're looking for a personal residence or an investment in Waterloos thriving housing market, this property offers exceptional value and long-term potential.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,370
Land Transfer Tax Fee
$5,175

Condo/Maintenance Fee

Maintenance Fee
$680 /month

Included In Maintenance Fee

  • Building Insurance Included
  • Water Included

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
In-Suite Laundry
Laundry Level
Main Level
Interior Extras
Separate Hydro Meter, Separate Heating Controls
View
City, Panoramic
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
Terrace

Building

Building Type
Condo Apartment
Building Style
Apartment
Approx Age
11-15
Condo Corp Number
594

Construction

Exposure
East
Exterior Finish
Brick, Brick Veneer
Special Designation
Accessibility

Inclusions

Inclusions
Fridge, stove, washer, dryer, microwave

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Owned
Parking Spaces
1
Total Garage And Parking Spaces
1

Lockers

Locker Type
None

Heating & Cooling

Heat Source
Propane
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
1
Washrooms
2
Kitchens
1

Washrooms

  • 3-piece
  • 4-piece

Municipality
Waterloo
Neighbourhood
Beechwood/University
Main cross streets
Larch/Balsam
Directions
University Ave E to Hazel St to Balsam St (Easiest is to enter behind Sunshine Acupuncture and Wellness Clinic at the corner of Larch and Hickory, the Hickory Building is behind it)

MLS® number
X12402268
Data source
Toronto Regional Real Estate Board
Status change
2025-11-07
Listed on
2025-09-11
Days on market
57 days
Possession type
Flexible
Co-op commission
2% plus HST
Seller
Listed by
eXp Realty

Home Market Value

Current home valuation for Unit H302, 62 Balsam Street, Waterloo, Beechwood/University, Waterloo, ON. Listed for $435,000

HOMEH Estimate

?

$384,750

Estimated Sales Range

?

$303,953 - $465,548

HOMEH Estimate for Unit H302, 62 Balsam Street, Waterloo, Beechwood/University

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

$384,750Medium confidence
Based on 3 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

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Waterloo, ON
Minimum Down Payment Required:5.0%

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

Minimum down payment

$21,750

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$16,530$12,137$10,353$0
=Total mortgage
$429,780$403,637$380,103$348,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,098monthly$1,971monthly$1,856monthly$1,699monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$5,175

Total Land Transfer Tax

$5,175

Around this home

4/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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