Priced to Sell! Located just across from Wilfrid Laurier University and within walking distance to the University of Waterloo! An excellent opportunity for investment or personal use this fully furnished townhouse features a modern kitchen with stainless steel appliances. Offers 3 spacious bedrooms, a den with window, three bathrooms, and an additional study area on the second floor. Highlights include high ceilings and in-suite laundry for added convenience.
3 bedrooms, 2 bathrooms, about 1,600 sq ft, works out to roughly $261 per square foot. Chat with Zara if you'd like a deeper read on whether this condo townhouse fits your budget and timing.
Inside 62 Balsam St #T102
Every detail from the listing, in one place.
Type
Condo Townhouse
Style
Stacked Townhouse
Living space
1600-1799 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
Stacked Townhouse
Property class
Condo Townhouse
62 Balsam St #T102 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
$2,054
/mo
based on the purchase price of $418,000
$83,600 cash
$334,400 financed
$281,653 total interest
Principal54%$334,400
Interest46%$281,653
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 2–4 bed homes for sale in Waterloo around $418K.
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 listings377Homes for sale here right now.
Median vs prior 90 days−0.3%Compared with May 12 – Aug 10, 2026: prices down.
Based on 417 sales from Aug 10 – Nov 8, 2026 (306 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
5 for sale at 62 Balsam St — plus its sale and lease history.
62 Balsam St #T102 is listed at $418,000 (MLS® X12968580). Summitly updates the price as soon as the MLS® record changes.
Is $418,000 a good price for 62 Balsam St #T102?
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 62 Balsam St #T102 changed?
Yes — it was first listed at $479,000 and is now $418,000, a drop of $61,000 (12.7%).
How many bedrooms and bathrooms does 62 Balsam St #T102 have?
62 Balsam St #T102 has 3 bedrooms and 2 bathrooms, with about 1,600–1,799 square feet of living space. It is a condo townhouse in Waterloo.
Is 62 Balsam St #T102 close to transit?
The nearest rapid-transit station is Laurier - Waterloo Park Station (ION), about 910 m (about a 11-minute walk) in a straight line. University of Waterloo Station is about 980 m (about a 12-minute walk), and Research and Technology Station is about 1.3 km (about a 17-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 62 Balsam St #T102?
About $2,054 a month — principal and interest on $418,000 with 20% down ($83,600), 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 62 Balsam St #T102 compare with other homes in Waterloo?
Its asking price of $418,000 is about 41% below the median sold price in Waterloo over the last 90 days, $704,914, across 417 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 62 Balsam St #T102 been sold before?
Summitly has no earlier MLS® sale or lease of 62 Balsam St #T102 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 62 Balsam St #T102?
62 Balsam St #T102 is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 62 Balsam St #T102 been on the market?
215 days — 62 Balsam St #T102 was listed on April 7, 2026.
What is the price per square foot of 62 Balsam St #T102?
About $232 to $261 per square foot: the asking price of $418,000 over the 1,600–1,799 sq ft the listing gives as its size range.
Does 62 Balsam St #T102 have a basement, and is it finished?
The listing says 62 Balsam St #T102 has no basement.
