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Tertiary Property View
Exceptional Property

62 Balsam Street, Waterloo

$689,900
1 + 3 Bedrooms
3 Bathrooms
null sqft

Property Highlights

Distinctive Features That Set This Property Apart

Property Type

Single Family

Style

Row / Townhouse

Year Built

N/A

Square Footage

N/A

Bedrooms

1 + 3 Bedrooms

Bathrooms

3 Bathrooms

Distinguished Features

Property Overview

A Closer Look at This Distinguished Residence

Furnished, Turn key investment. Licensed for 4 Bedrooms, +1 additional room, Living room, Ensuite laundry, large kitchen, corner end-unit townhome is a fantastic investment in a high-demand rental area. Located just minutes from the University of Waterloo and Wilfrid Laurier University, and Technology Park, it is perfect for students , family and p...

MLS Number

X12310373

Listed By

HOMELIFE SUPERSTARS REAL ESTATE LIMITED

Last Updated

Jul 28, 2025, 3:05 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.
Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

Property Specifications

Property Type
Single Family
Architectural Style
Row / Townhouse

Interior Features

Flooring
Laminate, Ceramic

Climate Control & Utilities

Heating System
Forced air, Natural gas
Air Conditioning
Central air conditioning

Exterior & Surroundings

Exterior Construction
Brick

Additional Amenities

Water meter

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

Property Timeline

Historical transactions and listing information

Property image
15
New
MLS# X12319599
List Date
Aug 1, 2025, 4:36 p.m.
List Price
$399,999
Property Type
Sale
Bedrooms
2
Bathrooms
2
Property image
15
New
MLS# X12315929
List Date
Jul 30, 2025, 8:55 p.m.
List Price
$2,200
Property Type
Lease
Bedrooms
2
Bathrooms
2
Property image
10
New
MLS# X12310373
List Date
Jul 28, 2025, 2:57 p.m.
List Price
$689,900
Property Type
Sale
Bedrooms
1
Bathrooms
3
Property image
14
New
MLS# X12310035
List Date
Jul 28, 2025, 5:21 a.m.
List Price
$2,750
Property Type
Lease
Bedrooms
2
Bathrooms
2
Property image
10
New
MLS# X12248272
List Date
Jun 26, 2025, 9:52 p.m.
List Price
$559,900
Property Type
Sale
Bedrooms
4
Bathrooms
3
Property image
18
New
MLS# X12289898
List Date
Jul 17, 2025, 1:53 a.m.
List Price
$399,999
Property Type
Sale
Bedrooms
2
Bathrooms
2
Property image
21
New
MLS# 40704545
List Date
Mar 7, 2025, 6:27 p.m.
List Price
$449,000
Property Type
Sale
Bedrooms
2
Bathrooms
2
Property image
8
New
MLS# X12213828
List Date
Jun 11, 2025, 8:36 p.m.
List Price
$78,000
Property Type
Sale
Property image
47
New
MLS# X12132869
List Date
May 8, 2025, 1:54 p.m.
List Price
$549,000
Property Type
Sale
Bedrooms
4
Bathrooms
3

Financial Planning

Tools to Help You Plan Your Investment

Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

$
300,000
$
20%
% p.a.

Monthly Payment

$0
Per Month
Mortgage Details
Loan Amount
$240,000
Total Interest
$0
Total Payments
$0
Loan-to-Value Ratio
80%
Total Number of Payments
360
Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Total Income
$4,300/monthly
2 income sources
Total Expenses
$2,530/monthly
3 expense items
Net Cash Flow
$1,770/monthly
Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.

Income Sources

Rental Income
monthly
$3,500
Investment Returns
monthly
$800
Add New Income
$

Expense Items

Mortgage
monthly
$1,800
Property Tax
monthly
$450
Property Management
monthly
$280
Add New Expense
$
This calculator provides an estimate only. Actual investment returns may vary based on market conditions and unforeseen expenses.

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