Home with brick exterior material, street for 87 westmount Rd #Unit 5 Level 2, Waterloo Ontario N2L 2R7
19 days on Market

87 westmount Rd #Unit 5 Level 2, Waterloo, Ontario N2L 2R7

In the same building:
-
Condo
4
5
~1000-1199 sqft
$599,000
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$5,990Cashback
Condo
4
5
~1000-1199 sqft

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Highlights

Property Estimate

Days on market19 days

Estimated valueNot available

Price/Sqft$549/sqft

Monthly cost

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CMA Subject Property

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+2

Properties sold*

$515K

Median sold price*

*Based on last 30 days

Description

Discover this updated, fully renovated, carpet free, centrally located 4-bedroom, 2-bathroom condo, kitchen, balcony, in the vibrant heart of Waterloo. Just steps from University of Waterloo, shops, dining, and a grocery store across the street, this property offers unmatched convenience. With quick access to Waterloo Park, Uptown, public transit, the LRT, and TWO major universities, this place is an ideal choice for students, young professionals, or small families. The interior features a bright, open-concept living area with a walk-out balcony. The modern kitchen is equipped with quartz countertops, a breakfast island, lots of pantry storage and newer stainless steel appliances. Four spacious bedrooms boast generous closet space for ample storage. This unit is currently partially leased out. One parking is leased out for 50 dollars per month. Potential to earn $4,800 in rental income. Seller willing to accommodate buyers request for either vacant possession or continued rental occupancy or arrange full occupancy of the unit. This turnkey property includes one owned garage parking space and a secure storage locker. ANOTHER UNIT FOR SALE, Unit 6, Level 1(Door #2) FULLY LEASED OUT FOR 4450 FROM SEPTEMBER 01 2025, TO AUGUST TO 2026, SIMILAR ACCOMMODATION . One parking for this unit is leased out for 50 dollars per month. Underground parking, storage locker, stainless steel kitchen appliances, washer, dryer. There is another similar unit in the same building FOR SALE, Unit 6, Level 1(Door #2)


Property Details

StyleApartment
View-
Age of property-
SqFt~1000-1199 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12204818
Community NameWestmount
Data SourceTRREB
Listing byHOMELIFE/MIRACLE REALTY LTD

Features

Heating: Baseboard

Main Floor

Kitchen

4.1 x 4.29

Br

3.41 x 4.02

2nd Br

3.2 x 4.0

3rd Br

3.38 x 3.41


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 0

Total parking spaces 1


2Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jun 7, 2025
ListedActive
$599,000
19 days on market
history photo preview24
Listing by trreb®

Market Data - Westmount

Geo Zone Map ThumbnailWestmount

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

45 days

Compared to

2024

26 days

2023

27 days

2022

27 days

New Listings

Past 30 days

10 listings

Compared to

2024

11 listings

2023

9 listings

2022

10 listings

Units sold

Past 30 days

2 units

Compared to

2024

2 units

2023

4 units

2022

11 units

Median Sold Price

Past 30 days

$473,750

Compared to

2024

$514,950

2023

$561,000

2022

$572,000


Population and Demographics

Overview

Total population 5857
Average household income $139,974

Age (%)

0 to 19
21%
20 to 34
24%
35 to 49
18%
50 to 64
18%
65 and plus
19%

Household composition (%)

Single family
62%
Single person
31%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
82%
Others
5%
Arabic
3%
Tigrigna
2%
Spanish
2%
German
2%
Mandarin
2%

House tenancy (%)

Owners
55%
Renters
45%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget