58 Bridgeport Road 505, Waterloo

$340,000
58 Bridgeport Road 505

$340,000

New
28d
Common Element CondoApartment

58 Bridgeport Road 505, Waterloo

Total Monthly Obligation $2,515

Beds
2
Baths
1
Park
1
Sqft
1000-1199
DOM
28d
Score
42
Yield
11.1%
Cash on Cash
12.5%
Cap Rate
7.3%
5Y IRR
25.7%
10Y IRR
23.1%
Property Type-Common Element Condo
MLS® Number-X13827522
Beds-2
Bathrooms-1
Size-1000-1199 sqft
Listed on site-Sep 25, 2026
Style-Apartment
Building Type-Common Element Condo
Taxes-$2,334.58 (2025)
Maintenance-$749.44/mo
Locker-None
Parking-1 - Surface
Basement-None
Heating-Other (Electric)
Brokerage-SHAW REALTY GROUP INC.
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete, Concrete Block
Roof-Flat, Tar and Gravel
Possession-Immediate
Title-Residential Condo & Other

No agent assigned

Welcome to the newest unit at Black Willows Condos in Waterloo. This lovely 2 bedroom, 1 bathroom condo boasts just over 1,000 square feet of living space. Here are the top 5 features why you'd want to make this place your home: 1) FANTASTIC LOCATION - Conveniently located beside Bridgeport Plaza, with Walmart, Tim Hortons, Sobeys, restaurants and other everyday amenities right at your doorstep. Bus stops are located on all four corners, making getting around easy. 2. CLOSE TO UPTOWN WATERLOO - Enjoy a short walk to Uptown Waterloo and easy access to shopping, restaurants, entertainment, trails and other major amenities. 3. BIG SPACE + TONS OF BALCONY ROOM - Rarely available size for a condo, this spacious 2-bedroom, 1-bathroom fifth-floor unit offers over 1,000 sq. ft. of living space, generous bedrooms, a large living room and plenty of balcony space to enjoy the spectacular views of the trees, trails and City of Waterloo 4. UTILITIES INCLUDED - Your monthly maintenance fees include heat, hydro, water and electricity. That's one less thing to worry about and makes budgeting simple. Just one monthly bill covers your utilities and condo fees. 5. MOVE-IN READY AND GREAT AMMENTIES - Enjoy a newer kitchen (2021), new flooring in the main living area (2022), a renovated lobby and entrance, library, 24/7 laundry facilities with security cameras, bike storage and beautifully maintained grounds. Welcome home to an affordable and convenient way of living in Waterloo. With generous living space, spectacular views, parking, all utilities included and major amenities just steps away, this is a condo that offers exceptional convenience without sacrificing space.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$272,000
Land Transfer Taxes$3,575
Legal Fees (Est.)
$
Total cash required for closing$73,075

Total Monthly Obligation

$2,515/mo
Mortgage $1,371
Monthly Loss $2,155
Principal$361
Interest$1,011
Property Tax$195
Condo Fees$749
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
6.0%49
Cash-on-Cash
5.2%23
5-Year IRR
20.3%92
10-Year IRR
19.3%
Returns Index
56.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
42/ 100
Poor•Caution

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

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$37,752/yr
NOI
$20,249/yr
Net Cash Flow
$316/mo
Cash Margin
10.0%27
Cash Flow Index
27.1/ 100
Risk Profile
Weight: 20%
DSCR
1.2348
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
43.6/ 100

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

Comparables

Properties near 58 Bridgeport Road 505

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.

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Data last updated within the past 24 hours.