1 day on Market

62 Balsam St #H505, Waterloo, Ontario N2L 3H2

In the same building:
-
Condo
1
2
~800-899 sqft
$400,000
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Condo
1
2
~800-899 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$472/sqft

Monthly cost

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Description

Welcome to an exceptional offering at 62 Balsam Street, Unit H505, a residence that seamlessly blends modern design, convenience, and outstanding investment potential in one of Waterloo's most sought after locations. Perfectly positioned just steps from Wilfrid Laurier University and within walking distance to University of Waterloo, this is a rare opportunity for both end users and investors seeking strong long term value in a high demand rental market. Inside, you are welcomed by a bright and thoughtfully designed space offering 877 square feet of refined living. Soaring 9 foot ceilings and contemporary finishes create an open and upscale atmosphere throughout. The layout is both functional and stylish, featuring a spacious primary bedroom, an expansive den filled with natural light, and two full bathrooms, an uncommon and highly desirable combination. The kitchen is beautifully appointed with granite countertops, stainless steel appliances, double sinks, and custom cabinetry with soft close detailing, offering the perfect balance of elegance and everyday practicality. One of the most impressive features of this home is the oversized private terrace. This outdoor space is rarely found in condo living and offers two separate walkouts along with sweeping city views. It is the perfect setting for morning coffee, entertaining guests, or simply relaxing above it all. Adding further value and convenience, the unit includes two underground parking spaces and a dedicated storage room, features that are increasingly rare in this prime location. Residents enjoy access to premium building amenities including high speed internet, collaborative study spaces, and a well appointed social lounge. This is more than just a condo. It is a lifestyle opportunity in the heart of Waterloo, where everything you need is just moments away.


Property Details

Style1 Storey/Apt
View-
Age of property11-15
SqFt~800-899 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX12963002
Community NameColumbia
Data SourceTRREB
Listing byEXP REALTY

Features

Heating: Forced Air
Cooling: Central Air

Features

Patio: Open
Balcony: Open

5Story
Elevator
Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by EXP REALTY, Brokerage
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Market Data - Columbia

Geo Zone Map ThumbnailColumbia

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

68 days

Compared to

2025

53 days

2024

36 days

2023

38 days

New Listings

Past 30 days

57 listings

Compared to

2025

63 listings

2024

47 listings

2023

43 listings

Units sold

Past 30 days

11 units

Compared to

2025

12 units

2024

17 units

2023

17 units

Median Sold Price

Past 30 days

$350,000

Compared to

2025

$461,250

2024

$490,000

2023

$450,000


Population and Demographics

Overview

Total population 7359
Average household income $71,241

Age (%)

0 to 19
15%
20 to 34
64%
35 to 49
9%
50 to 64
7%
65 and plus
5%

Household composition (%)

Single person
40%
Multi person
32%
Single family
28%
Multi family
0%

Mother tongue (%)

English
56%
Mandarin
17%
Hindi
5%
Others
3%
Punjabi (Panjabi)
3%
Arabic
3%
Gujarati
2%
Spanish
2%
Telugu
1%

House tenancy (%)

Renters
86%
Owners
14%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget