Turnkey, fully furnished living in the heart of Waterloo. Welcome to SAGE X - steps from the University of Waterloo, Wilfrid Laurier University, Conestoga College's Waterloo campus, the ION LRT and everyday amenities. This bright, modern suite is one of the largest one-bedroom layouts in the building, offering west exposure, laminate flooring throughout, a contemporary kitchen with granite counters and stainless steel appliances, ensuite laundry, and a spacious balcony with an outdoor electrical outlet. Comes fully furnished with bed, TV, desks, bookshelves, dining set and more - move in or rent out from day one. Residents enjoy a rooftop terrace, fitness centre, study room, bike storage and visitor parking. A standout opportunity for investors, students, first-time buyers or young professionals looking for low-maintenance living in one of Waterloo's most connected addresses.
1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $550 per square foot, 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 #509
Every detail from the listing, in one place.
Type
Condo
Style
Other
Living space
500-599 sq ftas stated on the listing
Lot size
0 x 0
Basement
None
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
None
Lot & land
Lot dimensions
0 x 0
Lot size (sqft)
0
Listing & possession
Property style
Other
Property class
Condo Apartment
257 Hemlock St #509 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13775566$275,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 257 Hemlock St #509 Compares to the Waterloo Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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
$1,351
/mo
based on the purchase price of $275,000
$55,000 cash
$220,000 financed
$185,298 total interest
Principal54%$220,000
Interest46%$185,298
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 1–3 bed homes for sale in Waterloo around $275K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio100.0%On average, homes sold at or above asking.
Active listings400Homes for sale here right now.
Median vs prior 90 days−2.9%Compared with May 1 – Jul 30, 2026: prices down.
Based on 436 sales from Jul 30 – Oct 28, 2026 (304 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 · 1 for rent at 257 Hemlock St — plus its sale and lease history.
257 Hemlock St #509 is listed at $275,000 (MLS® X13775566). Summitly updates the price as soon as the MLS® record changes.
Is $275,000 a good price for 257 Hemlock St #509?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Waterloo. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 257 Hemlock St #509 changed?
No — 257 Hemlock St #509 is still listed at its original asking price of $275,000.
How many bedrooms and bathrooms does 257 Hemlock St #509 have?
257 Hemlock St #509 has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo in Waterloo.
Is 257 Hemlock St #509 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 #509?
About $1,351 a month — principal and interest on $275,000 with 20% down ($55,000), 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 #509 compare with other homes in Waterloo?
Its asking price of $275,000 is about 60% below the median sold price in Waterloo over the last 90 days, $685,500, across 436 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 #509 been sold before?
Summitly has no earlier MLS® sale or lease of 257 Hemlock St #509 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 257 Hemlock St #509?
257 Hemlock St #509 is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 257 Hemlock St #509 been on the market?
47 days — 257 Hemlock St #509 was listed on September 11, 2026.
What is the price per square foot of 257 Hemlock St #509?
About $459 to $550 per square foot: the asking price of $275,000 over the 500–599 sq ft the listing gives as its size range.
Does 257 Hemlock St #509 have a basement, and is it finished?
The listing says 257 Hemlock St #509 has no basement.