275 Larch Street 507, Waterloo

$469,900
275 Larch Street 507

$469,900

New
30d
Condo ApartmentApartment

275 Larch Street 507, Waterloo

Total Monthly Obligation $2,931

Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
30d
Score
18
Yield
5.8%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Condo Apartment
MLS® Number-X13818390
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Sep 23, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,179.62 (2025)
Maintenance-$570.39/mo
Locker-None
Parking-1 - Surface
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ALL-STARS REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-TBA
Title-Residential Condo & Other

No agent assigned

Welcome to this bright and spacious 2-bedroom, 2-bathroom condo in the heart of Waterloo, just steps from the University of Waterloo and Wilfrid Laurier University. This well-appointed unit features large windows throughout, filling the space with natural light, along with ensuite laundry and a private balcony for added comfort and convenience. The primary bedroom includes its own private ensuite bathroom, offering an ideal layout for students, professionals, or investors. Complete with a parking space and located within walking distance to shopping, restaurants, transit, and all essential amenities, this is an exceptional opportunity to own in one of Waterloo's most desirable locations.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$375,920
Land Transfer Taxes$5,873
Legal Fees (Est.)
$
Total cash required for closing$101,353

Total Monthly Obligation

$2,931/mo
Mortgage $1,895
Monthly Loss $2,432
Principal$499
Interest$1,397
Property Tax$265
Condo Fees$570
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.5%1
5-Year IRR
7.6%21
10-Year IRR
8.9%
Returns Index
11.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$27,312/yr
NOI
$12,157/yr
Net Cash Flow
-$882/mo
Cash Margin
-38.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
26.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 275 Larch Street 507

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.