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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 87 daysPrice drop · $20,001 off (-6.3%)

    Unit 305 — 257 Hemlock Street

    Waterloo, ON·N2L 3R4·Near University Ave & Hemlock St

    • 1 bed
    Waterloo real estate›X12197912
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Heating, Water & Internet Included. Turnkey investment opportunity in a prime university district! This fully furnished condo is located just steps from the University of Waterloo and Wilfrid Laurier University, making it an ideal choice for investors or end-users seeking a modern, move-in-ready space. Located in a high-demand building with an ultra-low vacancy rate, this unit offers strong rental potential in one of Waterloos most sought-after areas. Designed for contemporary living, the open-concept layout is bright and inviting, with floor-to-ceiling windows bringing in plenty of natural light. The stylish living space comes fully furnished with a couch, TV, dining table, bed, and nightstand, providing a seamless move-in experience. The unit also includes in-suite laundry with a washer and dryer, along with a stainless steel stove, fridge, and dishwasher for added convenience. The unbeatable location puts you within walking distance of shopping, dining, and major highways, making it perfect for both students and professionals. Whether you're looking for a lucrative investment or a modern urban home, this condo is a fantastic opportunity. Quick possession is available-secure this property today!

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 16, 2026Price reducedCurrentReduced$299,999−$20,001 (6.3%)X12197912This page
    Apr 7, 2026SoldSold$272,000−$2,999 (1.1%)X12741960View
    Jan 30, 2026Previously listedSld$274,999 —X12741960View
    Jun 5, 2025ListedCurrentFor sale$320,000 —X12197912This page
    Mar 17, 2025Previously listedExp$319,999 —X12023324View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      2
      Heating
      Forced Air
      Air conditioning
      Central Air
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 305 — 257 Hemlock Street
    What's nearby

    Points of interest classified by the MLS® feed.

    • Public Transit
    • School
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $1,474
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $214
    0.86% mill rate · ON
    The market

    How this home sits in the Waterloo market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Waterloo market right now

    Average sold price, days on market, and closed-transaction count for Waterloo — sourced from MLS®.

    • Avg sold price
      $775,961
      Last 30 days
    • Median sold price
      $705,000
      Middle of the market
    • Days on market
      27 d
      Avg from list to close
    • Closed last 30d
      308
      MLS® transactions
    Full Waterloo market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 305 — 257 Hemlock Street — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 305 — 257 Hemlock Street and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 305 — 257 Hemlock Street listed for?

      Unit 305 — 257 Hemlock Street is listed at $299,999 on the MLS® (listing X12197912). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 305 — 257 Hemlock Street have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 1 bath
  2. 0-499 sqft
  3. Condo Apartment
  4. Built 0-5
  5. Asking
    $299,999
    $601 / sqft · MLS® X12197912
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $473,336
    $435,469Confidence range$511,203
    Asking vs estimate
    ↓below
    −$173,337
    (-36.6%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 1 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Waterloo sell in about 27 days — this one has been listed 87 days.

    Avg sold price
    $775,961
    Median sold
    $705,000
    Avg days on market
    27
    Recently sold
    308
    See comparable sales
    Heating, Water & Internet Included.
  7. This fully furnished condo is located just steps from the University of Waterloo and Wilfrid Laurier University, making it an ideal choice for investors or end-users seeking a modern, move-in-ready space.
  8. The stylish living space comes fully furnished with a couch, TV, dining table, bed, and nightstand, providing a seamless move-in experience.
  9. The unit also includes in-suite laundry with a washer and dryer, along with a stainless steel stove, fridge, and dishwasher for added convenience.
  10. Ask Zara a follow-up

    Parking & garage

    2
    Garage
    None
    Parking spaces
    0
  11. Interior

    5
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    4
    Laundry level
    Main Level
  12. Exterior & construction

    3
    Exterior
    Brick
    Patio
    Open
    Balcony
    Open
  13. Lot & land

    1
    Year built
    0-5
  14. Listing & possession

    3
    Possession
    2025-07-01T00:00:00.000-00:00
    Property style
    Apartment
    Property class
    Condo Apartment
  15. Room-by-room · 4 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    4 rooms
    • Living Room
      13.9 × 10.1 ft
    • Bedroom
      7.5 × 5.6 ft
    • Dining Room
      13.9 × 10.1 ft
    • Kitchen
      5.1 × 12.4 ft

    Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $419
    per month
    Maintenance fee includes
    • Heat
    • Water
    Building details
    • Unit05
    • Storeys (building)3
    • ExposureWest
    • LockerNone
    • Parking typeNone
    • Pet policyRestricted
    • Ensuite laundryY
    • Condo corpWSCC
    • Corp #679
    • Property managerWilson Blanchard
    Building amenities
    • Elevator
    • Exercise Room
    • Recreation Room
    • Gym
    • Visitor Parking
    Combined estimate
    $1,688
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $1,474
    /mo
    based on the purchase price of $299,999
    $60,000 cash
    $239,999 financed
    $202,142 total interest
    Monthly payment$1,474/ month
    Principal54%$239,999
    Interest46%$202,142

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax and condo fees.

    Comparable condo apartments that just sold in Waterloo

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 249 Grey Silo Road
      Sold
      Sign in for price
      249 Grey Silo Road
      Condo Apartment
    • 247 Northfield Drive
      Sold
      Sign in for price
      247 Northfield Drive
      Condo Apartment
    • 330 PHILLIP Street
      Sold
      Sign in for price
      330 PHILLIP Street
      Condo Apartment
    • 265 Westcourt Place
      Sold
      Sign in for price
      265 Westcourt Place
      Condo Apartment
    • 145 Columbia Street
      Sold
      Sign in for price
      145 Columbia Street
      Condo Apartment
    • 275B Larch Street
      Sold
      Sign in for price
      275B Larch Street
      Condo Apartment
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 305 — 257 Hemlock StreetThis home1 / 1499$299,999ask$601——
    249 Grey Silo Road2 / 21,200—
    247 Northfield Drive1 / 1600—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More condo apartments in Waterloo

    Active listings within ±20% of this asking price.

    • 257 Hemlock Street
      $308,000
      257 Hemlock Street
      Condo Apartment 1 1
    • 321 Spruce Street
      $274,900
      321 Spruce Street
      Condo Apartment 1 1
    • 331 Northlake Drive
      $330,000
      331 Northlake Drive
      Condo Apartment 2 1
    • 318 Spruce Street
      $325,000
      318 Spruce Street
      Condo Apartment 1 2
    • 318 Spruce Street
      $325,000
      318 Spruce Street
      Condo Apartment 1 2
    • 158 King Street
      $349,900
      158 King Street
      Condo Apartment 1 1
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  16. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  17. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  18. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  19. Public listing courtesy of BAY STREET GROUP INC. · displayed on Summitly per MLS® data-share rules

    Unit 305 — 257 Hemlock Street is a 1-bedroom, 1-bath, 0-499 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  20. When was Unit 305 — 257 Hemlock Street built?

    Unit 305 — 257 Hemlock Street was built in 0-5. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  21. What is the property tax for Unit 305 — 257 Hemlock Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 305 — 257 Hemlock Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  22. How much would the monthly mortgage be on Unit 305 — 257 Hemlock Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $299,999 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  23. Has Unit 305 — 257 Hemlock Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 305 — 257 Hemlock Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  24. What neighbourhood is Unit 305 — 257 Hemlock Street in?

    Unit 305 — 257 Hemlock Street is in Waterloo, Waterloo. The 'Neighbourhood' section below links to the live Waterloo real estate hub with average sold price, days on market, and current inventory.

  25. Is Waterloo a good place to live?

    Waterloo is one of ON's actively-tracked Summitly markets. The full Waterloo real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  26. 330 PHILLIP Street
    3 / 2
    800
    —
    265 Westcourt Place2 / 21,200—
    145 Columbia Street1 / 1500—
    275B Larch Street1 / 2600—