Waterloo, ON · · MLS® X13743784Updated
$395,900Est. $1,945/mo mortgage
62 Balsam St #B408 is a 2-bedroom, 2-bathroom condo in Waterloo, listed for $395,900. It has 800-899 sq ft of living space.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Discover modern living in this stylish 2-bedroom, 2-bathroom condo located in the vibrant heart of Waterloo, just minutes from the university. This unit features an open-concept layout that seamlessly blends functionality with contemporary design, highlighted by sleek finishes and expansive windows that flood the space with natural light.Key Features: Spacious Bedrooms: Each bedroom comes with bathroom, ensuring privacy and convenience for students, professionals, or roommates. Prime Location: Enjoy easy access to public transit, shopping, dining, and all the amenities Waterloo has to offer.Investment Potential: Perfect for investors looking to capitalize on the thriving rental market in this sought-after area.This condo is not just a home; it's a lifestyle. Don't miss your chance to experience convenient and contemporary living in one of Waterloo's most desirable neighborhoods! Schedule a viewing today!
2 bedrooms, 2 bathrooms, about 800 sq ft, works out to roughly $495 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.
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
Full Waterloo market reportSold prices are shown free to signed-in members, as board rules require.
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308 Lester Street
1 bd · 1 ba · Condo
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251 Northfield Drive
1 bd · 1 ba · Condo
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55 Blue Springs Drive
2 bd · 2 ba · Condo
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6 Willow Street
2 bd · 2 ba · Condo
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245 Grey Silo Road
2 bd · 2 ba · Condo
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251 NORTHFIELD Drive
2 bd · 2 ba · Condo
6 nearby sales vs. this home
Closed sales from MLS®, compared with this home's asking price.
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| Home | Sold price | $ / sqft | % of asking | Sold |
|---|---|---|---|---|
This homeUnit B408 — 62 Balsam Street 2 bd · 2 ba · 800 sqft | $395,900asking | $495 | — | — |
| 308 Lester Street 1 bd · 1 ba | ||||
| 251 Northfield Drive 1 bd · 1 ba · 500 sqft | ||||
| 55 Blue Springs Drive 2 bd · 2 ba · 1,200 sqft | ||||
| 6 Willow Street 2 bd · 2 ba · 1,200 sqft | ||||
| 245 Grey Silo Road 2 bd · 2 ba · 1,000 sqft | ||||
| 251 NORTHFIELD Drive 2 bd · 2 ba · 1,000 sqft |
1 bd · 1 ba
1 bd · 1 ba · 500 sqft
2 bd · 2 ba · 1,200 sqft
2 bd · 2 ba · 1,200 sqft
2 bd · 2 ba · 1,000 sqft
2 bd · 2 ba · 1,000 sqft
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From 62 Balsam St #B408. Typical times without traffic delays; transit times aren't available yet.
What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
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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.
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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Listing brokerage: RE/MAX REAL ESTATE CENTRE INC., BrokerageMLS® X13743784 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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.
Other 1–2 bed homes for sale in Waterloo around $396K.
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Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 428 sales from Jul 25 – Oct 23, 2026 (303 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
7 for sale at 62 Balsam St — plus its sale and lease history.
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62 Balsam St #B408 is listed at $395,900 (MLS® X13743784). Summitly updates the price as soon as the MLS® record changes.
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
No — 62 Balsam St #B408 is still listed at its original asking price of $395,900.
62 Balsam St #B408 has 2 bedrooms and 2 bathrooms, with about 800–899 square feet of living space. It is a condo in Waterloo.
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.
About $1,945 a month — principal and interest on $395,900 with 20% down ($79,180), 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.
Its asking price of $395,900 is about 42% below the median sold price in Waterloo over the last 90 days, $687,500, across 428 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.
Summitly has no earlier MLS® sale or lease of 62 Balsam St #B408 on record from the last two years. Older records aren't shown under TRREB rules.
62 Balsam St #B408 is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
49 days — 62 Balsam St #B408 was listed on September 4, 2026.
About $440 to $495 per square foot: the asking price of $395,900 over the 800–899 sq ft the listing gives as its size range.
Yes — the listing gives 1 parking space. Garage: Yes.
