325 Northlake Dr #11 is a 2-bedroom, 1-bathroom condo townhouse in Waterloo, listed for $320,000. It has 700-799 sq ft of living space.
1Bright, spacious and move-in ready!
2This top-floor 2-bedroom condo in desirable North Waterloo features a generous eat-in kitchen with brand-new stainless steel appliances, an open-concept living area and two good-sized bedrooms.
3Low condo fees that even include water, plus a storage locker for your extras and one outdoor parking space.
Bright, spacious and move-in ready! This top-floor 2-bedroom condo in desirable North Waterloo features a generous eat-in kitchen with brand-new stainless steel appliances, an open-concept living area and two good-sized bedrooms. Freshly painted and carpet-free throughout, with convenient in-suite laundry and a brand-new washer and dryer. Low condo fees that even include water, plus a storage locker for your extras and one outdoor parking space. Fantastic location just minutes from Sobeys, St. Jacobs Farmers' Market, restaurants, transit and the expressway. A great opportunity for first-time buyers, downsizers or investors! Property is virtually staged.
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $457 per square foot. Chat with Zara if you'd like a deeper read on whether this condo townhouse fits your budget and timing.
Inside 325 Northlake Dr #11
Every detail from the listing, in one place.
Type
Condo Townhouse
Style
1 Storey/Apt
Living space
700-799 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
1 Storey/Apt
Property class
Condo Townhouse
325 Northlake Dr #11 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14129368$320,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 325 Northlake Dr #11 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
$1,572
/mo
based on the purchase price of $320,000
$64,000 cash
$256,000 financed
$215,619 total interest
Principal54%$256,000
Interest46%$215,619
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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.
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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 2–3 bed homes for sale in Waterloo around $320K.
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 listings413Homes for sale here right now.
Median vs prior 90 days−2.0%Compared with May 2 – Jul 31, 2026: prices down.
Based on 425 sales from Jul 31 – Oct 29, 2026 (298 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
325 Northlake Dr #11 is listed at $320,000 (MLS® X14129368). Summitly updates the price as soon as the MLS® record changes.
Is $320,000 a good price for 325 Northlake Dr #11?
Summitly rates it Excellent Deal: the asking price is 10% or more 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 325 Northlake Dr #11 changed?
No — 325 Northlake Dr #11 is still listed at its original asking price of $320,000.
How many bedrooms and bathrooms does 325 Northlake Dr #11 have?
325 Northlake Dr #11 has 2 bedrooms and 1 bathroom, with about 700–799 square feet of living space. It is a condo townhouse in Waterloo.
Is 325 Northlake Dr #11 close to transit?
The nearest rapid-transit station is Northfield Station (ION), about 910 m (about a 11-minute walk) in a straight line. Conestoga Station is about 2.0 km (about a 25-minute walk), and Research and Technology Station is about 2.2 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 325 Northlake Dr #11?
About $1,572 a month — principal and interest on $320,000 with 20% down ($64,000), 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 325 Northlake Dr #11 compare with other homes in Waterloo?
Its asking price of $320,000 is about 54% below the median sold price in Waterloo over the last 90 days, $695,000, across 425 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 325 Northlake Dr #11 been sold before?
Summitly has no earlier MLS® sale or lease of 325 Northlake Dr #11 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 325 Northlake Dr #11?
325 Northlake Dr #11 is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 325 Northlake Dr #11 been on the market?
325 Northlake Dr #11 was listed today (October 29, 2026).
What is the price per square foot of 325 Northlake Dr #11?
About $401 to $457 per square foot: the asking price of $320,000 over the 700–799 sq ft the listing gives as its size range.
Does 325 Northlake Dr #11 have parking or a garage?
