298D Bluevale Street N, Waterloo

$348,500
298D Bluevale Street N

$348,500

Price Change
7d
Condo Townhouse2-Storey

298D Bluevale Street N, Waterloo

Total Monthly Obligation $2,492

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
7d
Score
22
Yield
8.0%
Cash on Cash
-0.1%
Cap Rate
4.6%
5Y IRR
15.5%
10Y IRR
14.6%
Property Type-Condo Townhouse
MLS® Number-X14088968
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-31-50
Taxes-$2,678.33 (2026)
Maintenance-$662.82/mo
Locker-None
Parking-2 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Possession-60-89 days
Title-Residential Condo & Other

No agent assigned

Motivated Seller!!! This two story, 3 bedroom, 2 bathroom townhouse condominium in a great family neighbourhood is close to everything - Schools, parks, recreation, HWY 85. Conveniently located close to University of Waterloo and Wilfrid Laurier University making this a great option for families with children attending university. 5 min walk to Zehrs Shopping & banking. A truly unique feature of the place is that it has no shared walls with neighbours, offering exceptional privacy and comfortable feeling of a detached home while enjoying the convenience of condo townhouse living where maintenance fee covers not only ground maintenance but also exterior windows and seals, garage door, front and backyard doors, roof, driveway and porch providing added convenience and peace of mind for homeowners.(Detailed description is in condo Declaration , by laws etc. subject to Buyer & buyer's Agent due diligence!) Whether you are a first time home buyer, downsizing, looking for a new family home, or a fantastic investment, this one ticks all the boxes. House offers a practical and well-designed layout with functional kitchen space. The main level features living and dining areas overlooking the ravine! Enjoy your summer BBQ in the backyard , surrounded by nature and offering exceptional privacy! The upper level provides generously sized bedrooms and a full bathroom. The spacious primary bedroom boasts two bright windows and also cozy reading area/nook perfect for relaxing with a book . This wonderful home is thoughtfully designed to suit everyone's lifestyle at amazing price! The finished basement adds a recreational / hobby room , exercise area and extra storage. Single-car garage and driveway offer 2 parking spots in total. FYI : special assessment paid in full by the Seller! Prelisting Home Inspection is done. Ask LA for report!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$278,800
Land Transfer Taxes$3,703
Legal Fees (Est.)
$
Total cash required for closing$74,903

Total Monthly Obligation

$2,492/mo
Mortgage $1,406
Monthly Loss $2,122
Principal$370
Interest$1,036
Property Tax$223
Condo Fees$663
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.3%2
5-Year IRR
11.1%43
10-Year IRR
11.7%
Returns Index
22.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$27,984/yr
NOI
$12,153/yr
Net Cash Flow
-$393/mo
Cash Margin
-16.9%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
31.7/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 298D Bluevale Street N

Time

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