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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
1 Bed, 1 Bath Condo in Waterloo
Unit 424 at 257 Hemlock Street
Turnkey, fully furnished living in the heart of Waterloo! Welcome to SAGE X, ideally located just steps from the University of Waterloo, Wilfrid Laurier University, Conestoga College's Waterloo campus, the ION LRT and everyday amenities. This bright and modern 1-bedroom suite features a bright west exposure, laminate flooring throughout, a contemporary kitchen with granite countertops and stainless steel appliances, ensuite laundry and a spacious balcony complete with an outdoor electrical outlet. Offered fully furnished with a bed, TV, desks, bookshelves, dining set and more, it's truly move-in or rent-out-ready. Building amenities include a rooftop terrace, fitness centre, study room, bike storage and visitor parking. An outstanding opportunity for investors, students, first-time buyers or young professionals seeking low-maintenance living in one of Waterloo's most convenient locations.
1 bedroom, 1 bathroom, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 257 Hemlock St #424
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
0-499 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
257 Hemlock St #424 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,376
/mo
based on the purchase price of $280,000
$56,000 cash
$224,000 financed
$188,667 total interest
Principal54%$224,000
Interest46%$188,667
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Waterloo
Other 1–2 bed homes for sale in Waterloo around $280K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio100.2%On average, homes sold at or above asking.
Active listings394Homes for sale here right now.
Median vs prior 90 days−0.3%Compared with May 14 – Aug 12, 2026: prices down.
Based on 415 sales from Aug 12 – Nov 10, 2026 (314 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
2 for sale · 2 for rent at 257 Hemlock St — plus its sale and lease history.
257 Hemlock St #424 is listed at $280,000 (MLS® X13639822). Summitly updates the price as soon as the MLS® record changes.
Has the price of 257 Hemlock St #424 changed?
Yes — it was first listed at $287,900 and is now $280,000, a drop of $7,900 (2.7%).
How many bedrooms and bathrooms does 257 Hemlock St #424 have?
257 Hemlock St #424 has 1 bedroom and 1 bathroom, with about 0–499 square feet of living space. It is a condo in Waterloo.
Is 257 Hemlock St #424 close to transit?
The nearest rapid-transit station is University of Waterloo Station (ION), about 780 m (about a 10-minute walk) in a straight line. Laurier - Waterloo Park Station is about 790 m (about a 10-minute walk), and Research and Technology Station is about 1.2 km (about a 15-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 257 Hemlock St #424?
About $1,376 a month — principal and interest on $280,000 with 20% down ($56,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 257 Hemlock St #424 compare with other homes in Waterloo?
Its asking price of $280,000 is about 60% below the median sold price in Waterloo over the last 90 days, $704,914, across 415 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 257 Hemlock St #424 been sold before?
Summitly has no earlier MLS® sale or lease of 257 Hemlock St #424 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 257 Hemlock St #424?
257 Hemlock St #424 is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 257 Hemlock St #424 been on the market?
97 days — 257 Hemlock St #424 was listed on August 5, 2026.
What is the price per square foot of 257 Hemlock St #424?
About $561 per square foot: the asking price of $280,000 over the 0–499 sq ft the listing gives.
Does 257 Hemlock St #424 have a basement, and is it finished?
The listing says 257 Hemlock St #424 has no basement.
What is the land transfer tax on 257 Hemlock St #424?
About $2,675 in Ontario land transfer tax at the asking price of $280,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.