360 Cornridge Place 4, Waterloo

$485,000
360 Cornridge Place 4

$485,000

New
4d
Condo Townhouse2-Storey

360 Cornridge Place 4, Waterloo

Total Monthly Obligation $2,778

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
4d
Score
23
Yield
6.7%
Cash on Cash
1.1%
Cap Rate
4.8%
5Y IRR
16.4%
10Y IRR
15.3%
Property Type-Condo Townhouse
MLS® Number-X14096246
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-31-50
Taxes-$3,308.52 (2026)
Maintenance-$345.97/mo
Locker-None
Parking-2 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX TWIN CITY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Vinyl Siding
Possession-Flexible
Title-Residential Condo & Other

No agent assigned

Welcome home! Freshly painted and featuring a new front porch, this centrally located townhouse is ready for immediate possession and offers a great opportunity for first-time buyers or investors. Step inside to a bright foyer and a welcoming main floor with a functional kitchen complete with appliances, dining area, comfortable living room, and convenient 2-piece bath. Upstairs, new carpeting leads you to three bedrooms and a 5-piece cheater ensuite offering plenty of space for family living. The finished lower level adds even more flexibility - use it as a rec room, home office, rough in bathroom, lots of storage, workout space, or a fun space for the kids. There's room to make it your own! Love outdoor space? You'll enjoy the private backyard and large deck, perfect for summer BBQs, entertaining, or relaxing with a coffee at the end of the day. Located close to the Boardwalk, schools, shopping, restaurants, and with easy access to get you where you need to go. Low condo fees include water, making this an affordable option with plenty to offer. Whether you're ready to take your first step into home ownership or looking for a solid investment, this townhouse is ready to welcome its next owner!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$388,000
Land Transfer Taxes$6,175
Legal Fees (Est.)
$
Total cash required for closing$104,675

Total Monthly Obligation

$2,778/mo
Mortgage $1,956
Monthly Loss $2,263
Principal$515
Interest$1,442
Property Tax$276
Condo Fees$346
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-4.0%3
5-Year IRR
12.6%54
10-Year IRR
12.7%
Returns Index
28.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$32,400/yr
NOI
$19,300/yr
Net Cash Flow
-$348/mo
Cash Margin
-12.9%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8215
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo59
Risk Index
30.7/ 100

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

Comparables

Properties near 360 Cornridge Place 4

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.