350 Erbsville Road 22, Waterloo

$549,000
350 Erbsville Road 22

$549,000

New
4d
Common Element Condo2-Storey

350 Erbsville Road 22, Waterloo

Total Monthly Obligation $2,999

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
4d
Score
35
Yield
7.9%
Cash on Cash
7.7%
Cap Rate
6.2%
5Y IRR
21.8%
10Y IRR
19.8%
Property Type-Common Element Condo
MLS® Number-X14092852
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Common Element Condo
Taxes-$4,010.33 (2026)
Maintenance-$250/mo
Locker-None
Parking-2 - Attached
Basement-Finished with Walk-Out, Separate Entrance, Walk-Out
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE WOLLE REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-Rec Room
Pool-None
Exterior-Brick, Vinyl Siding
Possession-Flexible
Title-Residential Condo & Other

No agent assigned

Backing Onto Greenspace! This beautifully situated 3 bedroom, 2 bathroom parcel of tied land condominium offers a wonderful combination of comfort, updates, and an unbeatable lifestyle location. Enjoy the peaceful setting with lush greenspace directly behind the property, while being just minutes from the boardwalk, public transit, universities, and scenic walking trails. The inviting interior features an updated kitchen with stylish quartz countertops and a dishwasher (2024), plus a warm and welcoming living area. Step out from the living room onto the deck and enjoy your morning coffee or unwind in the evening while taking in the tranquil forest views. The finished walkout basement provides valuable additional living space with direct outdoor access and a cozy gas fireplace. Recent updates include furnace and A/C (2019), roof (2022), sump pump (2022), water softener (2023), washing machine (2023) and upgraded attic insulation (2025). Rare opportunity to enjoy privacy, nature, and convenience in one of Upper Beechwood's most desirable settings!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$439,200
Land Transfer Taxes$7,455
Legal Fees (Est.)
$
Total cash required for closing$118,755

Total Monthly Obligation

$2,999/mo
Mortgage $2,215
Monthly Loss $2,416
Principal$583
Interest$1,632
Property Tax$334
Condo Fees$250
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.4%42
Cash-on-Cash
2.5%13
5-Year IRR
17.7%85
10-Year IRR
16.8%
Returns Index
47.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
35/ 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
$43,200/yr
NOI
$29,470/yr
Net Cash Flow
$241/mo
Cash Margin
6.7%16
Cash Flow Index
16.0/ 100
Risk Profile
Weight: 20%
DSCR
1.1136
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
35.8/ 100

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

Comparables

Properties near 350 Erbsville Road 22

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.