62 Balsam St #H204, Waterloo

Name: 62 Balsam Street, Unit H204
SKU: X13752700
Price: 379999 CAD
Availability: InStock

1 Bed, 2 Bath Condo in Waterloo

Unit H204 at 62 Balsam Street

Welcome to 62 Balsam Street Unit H204, where space, convenience and location come together in the heart of Waterloo. Offering nearly 950 sq. ft. of thoughtfully designed living space, this spacious 1 bedroom plus den, 2 bathroom condo is an excellent opportunity for investors, first time buyers or a small family looking to get into the market. The versatile den provides the perfect space for a home office, study area or additional living space, while two full bathrooms add everyday convenience and flexibility. Ideally located just steps from Waterloo's universities, incredible dining, shopping and public transit, everything you need is right at your doorstep. Whether you're looking to add a well located property to your investment portfolio or want a spacious condo in one of Waterloo's most connected neighbourhoods, 62 Balsam Street is an opportunity you won't want to miss.

1 bedroom, 2 bathrooms, about 900 sq ft, works out to roughly $422 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 62 Balsam St #H204

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 900-999 sq ftas stated on the listing
Parking: 1 spaceYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 1

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

62 Balsam St #H204 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® X13752700−$10,000 (2.6%)$379,999
Sep 8, 2026For saleListedThis listingMLS® X13752700$389,999

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 62 Balsam St #H204 Compares to the Waterloo Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 720 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Waterloo market, last 90 days

Median sold price: $687,500
Average sold price: $751,383
Average days on market: 32
Homes sold: 436

Closed sales on the TRREB MLS®.

Full Waterloo market report

Market pulse · Waterloo

Waterloo market

Median sold price$687,500Last 90 days
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 listings400Homes for sale here right now.
Median vs prior 90 days−3.8%Compared with Apr 29 – Jul 28, 2026: prices down.

Based on 436 sales from Jul 28 – Oct 26, 2026 (305 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Waterloo

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit H204 — 62 Balsam Street 1 bd · 2 ba · 900 sqft	$379,999asking	$422	—	—
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

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

More in this building

6 for sale at 62 Balsam St — plus its sale and lease history.

See all of 62 Balsam St

Living in Waterloo: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Laurier - Waterloo Park StationION910 m11 min walk
University of Waterloo StationION980 m12 min walk
Research and Technology StationION1.3 km17 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Laurier - Waterloo Park Station (ION)11 min walk
University of Waterloo Station (ION)12 min walk
Research and Technology Station (ION)17 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Laurier - Waterloo Park Station
910 m11 minClosest· ION
Homes near Laurier - Waterloo Park Station
University of Waterloo Station
980 m12 min· ION
Homes near University of Waterloo Station
Research and Technology Station
1.3 km17 min· ION
Homes near Research and Technology Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 62 Balsam St #H204. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 62 Balsam St #H204

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $1,867; 20% down · 25 years · 5.5% assumed
Property tax: $209; 0.66% mill rate · ON
Total per month: $2,076; Before utilities, insurance and fees

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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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$1,867

/mo

based on the purchase price of $379,999

Down payment20%

$76,000 cash

Amortization25 yr

$303,999 financed

Rate5.50%

$256,047 total interest

Principal54%$303,999

Interest46%$256,047

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.

Book a tour of 62 Balsam St #H204 with a licensed buyer's agent

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Questions About 62 Balsam St #H204

How much is 62 Balsam St #H204 listed for?

62 Balsam St #H204 is listed at $379,999 (MLS® X13752700). Summitly updates the price as soon as the MLS® record changes.

Is $379,999 a good price for 62 Balsam St #H204?

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 #H204 changed?

Yes — it was first listed at $389,999 and is now $379,999, a drop of $10,000 (2.6%).

How many bedrooms and bathrooms does 62 Balsam St #H204 have?

62 Balsam St #H204 has 1 bedroom and 2 bathrooms, with about 900–999 square feet of living space. It is a condo in Waterloo.

Is 62 Balsam St #H204 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 #H204?

About $1,867 a month — principal and interest on $379,999 with 20% down ($76,000), 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 62 Balsam St #H204 compare with other homes in Waterloo?

Its asking price of $379,999 is about 45% below the median sold price in Waterloo over the last 90 days, $687,500, across 436 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 #H204 been sold before?

Summitly has no earlier MLS® sale or lease of 62 Balsam St #H204 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 62 Balsam St #H204?

62 Balsam St #H204 is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 62 Balsam St #H204 been on the market?

48 days — 62 Balsam St #H204 was listed on September 8, 2026.

What is the price per square foot of 62 Balsam St #H204?

About $380 to $422 per square foot: the asking price of $379,999 over the 900–999 sq ft the listing gives as its size range.

Does 62 Balsam St #H204 have parking or a garage?

Yes — the listing gives 1 parking space. Garage: Yes.

What you should know