255 Raspberry Place, Waterloo

$799,900
255 Raspberry Place

$799,900

New
3d
Att/Row/Townhouse3-Storey

255 Raspberry Place, Waterloo

Total Monthly Obligation $4,157

Beds
4
Baths
4
Park
2
Sqft
2000-2500
DOM
3d
Score
19
Yield
5.1%
Cash on Cash
-3.0%
Cap Rate
3.9%
5Y IRR
13.2%
10Y IRR
12.7%
Property Type-Att/Row/Townhouse
MLS® Number-X14099110
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-27 × 98 ft
Listed on site-Oct 20, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Age-0-5
Taxes-$6,660 (2026)
Parking-4 - Built-In
Basement-Full, Walk-Up
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick Front
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

3 Years New! Stunning Executive Freehold Double-Car Garage Townhome in the Highly Sought-After Vista Hills Community of Waterloo! Welcome to this beautifully upgraded Ferncliff Model offering 2,371 sq. ft. of thoughtfully designed living space in the prestigious Vista Hills neighborhood. Featuring 4 spacious bedrooms, 4 bathrooms, and a functional layout, this exceptional home is ideal for growing families and multi-generational living. The main and second levels boast 9-foot ceilings, a bright and spacious Great Room with a dining area, and a spectacular upgraded kitchen featuring premium cabinetry, under-cabinet lighting, gleaming granite countertops, a large breakfast bar, and a convenient powder room. Enjoy outdoor living with both a covered front balcony and a covered rear porch. The fourth bedroom, complete with its own private en-suite, is located on this 2nd level, making it perfect for guests, in-laws, or a private home office. The Third-floor features three generously sized bedrooms and two full bathrooms, including a spacious primary suite with its own en- suite bath. For added convenience, the laundry room is located on the bedroom level. The home showcases upgraded laminate flooring throughout with no carpet anywhere, complemented by elegant upgraded hardwood staircases. Over $16,000 in builder upgrades add exceptional value and style. The walk-up basement 9' ceiling with a rough-in for a future bathroom offers outstanding potential to create approximately 300 sq. ft. of additional finished living space, including the possibility of a fifth bedroom with a bathroom, a recreation room, or an in-law suite. Additional highlights include a double-car garage with garage door opener, parking for up to four vehicles, and thousands of dollars in quality upgrades throughout. Ideally located just minutes from Costco, shopping, banks, restaurants, parks, and all major amenities. This townhome is in one of Waterloo's premier neighborhood's of Vista Hills.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$639,920
Land Transfer Taxes$12,473
Legal Fees (Est.)
$
Total cash required for closing$173,953

Total Monthly Obligation

$4,157/mo
Mortgage $3,227
Monthly Loss $3,308
Principal$849
Interest$2,378
Property Tax$555
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.7%1
5-Year IRR
9.6%33
10-Year IRR
10.3%
Returns Index
17.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$40,800/yr
NOI
$25,560/yr
Net Cash Flow
-$1,097/mo
Cash Margin
-32.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo37
Risk Index
21.1/ 100

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

Comparables

Properties near 255 Raspberry Place

Time

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Data last updated within the past 24 hours.