**Welcome to MODA - Where Modern Luxury, Convenience & Lifestyle Come Together!** Be the first to call this beautifully designed 1-bedroom suite home at MODA in Waterloo! Offering a bright, spacious and thoughtfully designed functional layout, this exceptional suite features an inviting living area, a generous primary bedroom with a double closet, and the added convenience of **underground parking and a private storage locker**. Beyond your front door, MODA delivers an impressive collection of contemporary amenities designed to complement today's lifestyle, including a collaborative coworking lounge with private phone pods, fully equipped community kitchen, party room and private event space, secure bicycle storage with maintenance station, pet washing station, and convenient electronic parcel lockers. Perfectly situated just minutes from the University of Waterloo, Wilfrid Laurier University, lockers. major tech employers including Google, and the vibrant downtown Kitchener-Waterloo district, you'll enjoy easy access to shopping, restaurants, entertainment and everyday essentials. A fantastic opportunity to experience brand-new living in a modern, amenity-rich community where comfort, convenience and connectivity come together. **Don't miss your opportunity to call MODA home!**
1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $858 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 312 Erb St W #510
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
500-599 sq ftas stated on the listing
Parking
1 space
Basement
None
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
312 Erb St W #510 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14145076$428,888
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 312 Erb St W #510 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
$2,107
/mo
based on the purchase price of $428,888
$85,778 cash
$343,110 financed
$288,989 total interest
Principal54%$343,110
Interest46%$288,989
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
Own a home on Erb Street West? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 312 Erb St W #510 with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 312 Erb St W #510 day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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 1–5 bed homes for sale in Waterloo around $429K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio100.1%On average, homes sold at or above asking.
Active listings389Homes for sale here right now.
Median vs prior 90 days0.0%Compared with May 8 – Aug 6, 2026.
Based on 420 sales from Aug 6 – Nov 4, 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
1 for rent at 312 Erb St W — plus its sale and lease history.
312 Erb St W #510 is listed at $428,888 (MLS® X14145076). Summitly updates the price as soon as the MLS® record changes.
Is $428,888 a good price for 312 Erb St W #510?
Summitly rates it Well Above Market: the asking price is 15% or more above 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 312 Erb St W #510 changed?
No — 312 Erb St W #510 is still listed at its original asking price of $428,888.
How many bedrooms and bathrooms does 312 Erb St W #510 have?
312 Erb St W #510 has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo in Waterloo.
How much would the monthly mortgage be on 312 Erb St W #510?
About $2,107 a month — principal and interest on $428,888 with 20% down ($85,778), 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 312 Erb St W #510 compare with other homes in Waterloo?
Its asking price of $428,888 is about 39% below the median sold price in Waterloo over the last 90 days, $707,000, across 420 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 312 Erb St W #510 been sold before?
Summitly has no earlier MLS® sale or lease of 312 Erb St W #510 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 312 Erb St W #510?
312 Erb St W #510 is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 312 Erb St W #510 been on the market?
1 day — 312 Erb St W #510 was listed on November 3, 2026.
What is the price per square foot of 312 Erb St W #510?
About $716 to $858 per square foot: the asking price of $428,888 over the 500–599 sq ft the listing gives as its size range.
Does 312 Erb St W #510 have parking or a garage?
Yes — the listing gives 1 parking space.
Does 312 Erb St W #510 have a basement, and is it finished?
The listing says 312 Erb St W #510 has no basement.