145 W Columbia Street W S- 2225, Waterloo

$419,999
145 W Columbia Street W S- 2225

$419,999

New
3d
Condo ApartmentApartment

145 W Columbia Street W S- 2225, Waterloo

Total Monthly Obligation $2,484

Beds
2
Baths
1
Park
0
Sqft
500-599
DOM
3d
Score
19
Yield
5.6%
Cash on Cash
-4.7%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Condo Apartment
MLS® Number-X14100624
Beds-2
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,294 (2026)
Maintenance-$315.41/mo
Locker-None
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Imm/ Flex
Title-Residential Condo & Other

No agent assigned

Welcome to this Bright, Fully Furnished, move in ready unit on the 22nd floor with a clear/ unobstructed views + floor to ceiling windows bringing in lots of natural light. This unit in the South Tower is walking distance to both Wilfrid Laurier University and the University of Waterloo. Low maintenance fees! Functional 1 bedroom + den layout, with the separate den set up as a 2nd bedroom. Open concept living/ kitchen area with modern finishes throughout. Quartz countertops, breakfast bar, stainless steel appliances + light colour finishes with Vinyl floors+ in unit laundry+ good storage space. All existing furniture is included, making this a turnkey student rental or move in ready home for yourself! Great option for parents looking for a place for their university student, investors, or anyone wanting the convenience of living close to campus. Amazing building amenities - Fitness Centre, Yoga Studio, Sauna, Indoor Basketball Court, Movie Theatre, Games Room with billiards/ ping pong, Business Lounge with meeting rooms + Rooftop. On site Starbucks, Walking distance to restaurants/ cafes/ takeout spots and University Shops Plaza, with nearby grocery stores, Waterloo Park + trails. Easy access to GRT bus routes and the University of Waterloo ION station across the street, with Uptown Waterloo + Conestoga Mall a short transit ride away. A convenient location for school, work + everyday living!

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

Closing Costs

Mortgage Amount
$335,999
Land Transfer Taxes$4,875
Legal Fees (Est.)
$
Total cash required for closing$90,375

Total Monthly Obligation

$2,484/mo
Mortgage $1,694
Monthly Loss $2,038
Principal$446
Interest$1,248
Property Tax$275
Condo Fees$315
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%16
Cash-on-Cash
-9.7%1
5-Year IRR
8.2%24
10-Year IRR
9.3%
Returns Index
13.2/ 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
$23,388/yr
NOI
$11,570/yr
Net Cash Flow
-$730/mo
Cash Margin
-37.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
30.4/ 100

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

Comparables

Properties near 145 W Columbia Street W S- 2225

Time

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