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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 54 daysPrice drop · $31,000 off (-5.8%)

    Unit 416 — 312 Erb Street W

    Waterloo, ON·N2L 1W3·Near Erb St W/University Ave

    • 2 beds
    Waterloo real estate›X13024970
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Discover living at at 312 Erb Street W, Waterloo, Ontario (Moda)! This upgraded 2 bedroom, 2 bathroom (Dona Model) newer,corner unit offers a perfect blend of comfort and convenience in a prime location. The unit has lot of natural light ,living space features large windows , and the open-concept layout seamlessly connects the living, dining, and kitchen areas, making it ideal for both relaxation and entertaining. The upgraded kitchen boasts modern stainless steel appliances and ample cabinetry, while the spacious bedrooms provides a peaceful retreat with a generous closet for all your storage needs. The sleek full bathrooms, featuring with a stylish design, is perfect for unwinding after a long day. This condo includes in-suite laundry for your convenience and a dedicated surface parking spot. Located in the heart of Waterloo, this home is just minutes away from the University of Waterloo, Wilfred Laurier University, shopping centres, restaurants, and public transit.Easy access to parks and recreational facilities.Upgrades in Kitchen,flooring and washrooms for more than $20K.One surface parking and a locker storage included.Internet covered in condo fee.The unit has a nice open balcony of 45 sqft as well

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 13, 2026Price reducedCurrentReduced$499,000−$31,000 (5.8%)X13024970This page
    Apr 21, 2026ListedCurrentFor sale$530,000 —X13024970This page
    Nov 25, 2025Previously listedPc$2,200 —X12576290View
    Jul 16, 2024SoldSold$2,400 unchangedX8382790View
    May 28, 2024Previously listedLsd$2,400 —X8382790View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      2
      Heating
      Forced Air
      Air conditioning
      Central Air
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 416 — 312 Erb Street W
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $2,451
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $295
    0.71% mill rate · ON
    The market

    How this home sits in the Waterloo market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Waterloo market right now

    Average sold price, days on market, and closed-transaction count for Waterloo — sourced from MLS®.

    • Avg sold price
      $775,463
      Last 30 days
    • Median sold price
      $705,000
      Middle of the market
    • Days on market
      27 d
      Avg from list to close
    • Closed last 30d
      303
      MLS® transactions
    Full Waterloo market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 416 — 312 Erb Street W — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 416 — 312 Erb Street W and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 416 — 312 Erb Street W listed for?

      Unit 416 — 312 Erb Street W is listed at $499,000 on the MLS® (listing X13024970). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 416 — 312 Erb Street W have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 2 baths
  2. 700-799 sqft
  3. Condo Apartment
  4. Built 0-5
  5. Asking
    $499,000
    $1 / sqft · MLS® X13024970
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $566,088
    $520,801Confidence range$611,375
    Asking vs estimate
    ↓below
    −$67,088
    (-11.9%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Waterloo sell in about 27 days — this one has been listed 54 days.

    Avg sold price
    $775,463
    Median sold
    $705,000
    Avg days on market
    27
    Recently sold
    303
    See comparable sales
    Discover living at at 312 Erb Street W, Waterloo, Ontario (Moda)!
  7. The unit has lot of natural light ,living space features large windows , and the open-concept layout seamlessly connects the living, dining, and kitchen areas, making it ideal for both relaxation and entertaining.
  8. The upgraded kitchen boasts modern stainless steel appliances and ample cabinetry, while the spacious bedrooms provides a peaceful retreat with a generous closet for all your storage needs.
  9. This condo includes in-suite laundry for your convenience and a dedicated surface parking spot.
  10. Ask Zara a follow-up

    Parking & garage

    4
    Garage
    None
    Garage spaces
    1
    Parking spaces
    1
    Driveway
    1
  11. Interior

    6
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    6
    Laundry level
    Main Level
    Elevator
    Y
  12. Exterior & construction

    3
    Exterior
    Brick
    Patio
    Open
    Balcony
    Open
  13. Lot & land

    1
    Year built
    0-5
  14. Listing & possession

    3
    Possession
    2026-05-01T00:00:00.000-00:00
    Property style
    Apartment
    Property class
    Condo Apartment
  15. Room-by-room · 6 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    6 rooms
    • Living Room
      Balcony
      7.7 × 9.8 ft
    • Bedroom
      Window
      10.6 × 9.4 ft
    • Bedroom
      4 pc ensuite · window
      10.7 × 8.4 ft
    • Bathroom
      Tile Floor
      5.2 × 3.3 ft
    • Kitchen
      Stainless Steel Appl
      9.3 × 10.2 ft
    • Bathroom
      Tile Floor
      5.2 × 3.3 ft

    Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $581
    per month
    Maintenance fee includes
    • Heat
    • Parking
    Building details
    • Unit16
    • Storeys (building)4
    • ExposureEast
    • LockerOwned
    • Parking typeOther, Surface
    • Pet policyYes-with Restrictions
    • Ensuite laundryY
    • Condo corpWSCC
    • Corp #789
    • Property managerWilson Blanchard
    Combined estimate
    $2,746
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $2,451
    /mo
    based on the purchase price of $499,000
    $99,800 cash
    $399,200 financed
    $336,231 total interest
    Monthly payment$2,451/ month
    Principal54%$399,200
    Interest46%$336,231

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax and condo fees.

    Comparable condo apartments that just sold in Waterloo

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 330 PHILLIP Street
      Sold
      Sign in for price
      330 PHILLIP Street
      Condo Apartment
    • 145 Columbia Street
      Sold
      Sign in for price
      145 Columbia Street
      Condo Apartment
    • 275B Larch Street
      Sold
      Sign in for price
      275B Larch Street
      Condo Apartment
    • 308 Lester Street
      Sold
      Sign in for price
      308 Lester Street
      Condo Apartment
    • 330 Phillip Street
      Sold
      Sign in for price
      330 Phillip Street
      Condo Apartment
    • 318 Spruce Street
      Sold
      Sign in for price
      318 Spruce Street
      Condo Apartment
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 416 — 312 Erb Street WThis home2 / 2700,799$499,000ask$1——
    330 PHILLIP Street3 / 2800—
    145 Columbia Street1 / 1500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More condo apartments in Waterloo

    Active listings within ±20% of this asking price.

    • 275 Larch Street
      $410,000
      275 Larch Street
      Condo Apartment 2 2
    • 145 Columbia Street
      $450,000
      145 Columbia Street
      Condo Apartment 1 1
    • 275 Larch Street
      $410,000
      275 Larch Street
      Condo Apartment 2 2
    • 30 Blue Springs Drive
      $450,000
      30 Blue Springs Drive
      Condo Apartment 2 2
    • 251 Lester Street
      $509,000
      251 Lester Street
      Condo Apartment 5 2
    • 251 NORTHFIELD Drive
      $539,900
      251 NORTHFIELD Drive
      Condo Apartment 2 2
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  16. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  17. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  18. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  19. Public listing courtesy of HOMELIFE PARADISE REALTY INC. · displayed on Summitly per MLS® data-share rules

    Unit 416 — 312 Erb Street W is a 2-bedroom, 2-bath, 700-799 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  20. When was Unit 416 — 312 Erb Street W built?

    Unit 416 — 312 Erb Street W was built in 0-5. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  21. What is the property tax for Unit 416 — 312 Erb Street W?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 416 — 312 Erb Street W plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  22. How much would the monthly mortgage be on Unit 416 — 312 Erb Street W?

    The affordability calculator on this page shows an estimated monthly mortgage for $499,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  23. Has Unit 416 — 312 Erb Street W been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 416 — 312 Erb Street W with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  24. What neighbourhood is Unit 416 — 312 Erb Street W in?

    Unit 416 — 312 Erb Street W is in Waterloo, Waterloo. The 'Neighbourhood' section below links to the live Waterloo real estate hub with average sold price, days on market, and current inventory.

  25. Is Waterloo a good place to live?

    Waterloo is one of ON's actively-tracked Summitly markets. The full Waterloo real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  26. 275B Larch Street
    1 / 2
    600
    —
    308 Lester Street1 / 1——
    330 Phillip Street2 / 2800—
    318 Spruce Street2 / 2900—