Salehian.com 647-325-5000

330 Phillip Street TN-203

Waterloo, N2L 3W9 · More in this building

$415,000

Reduced $14,000 from $429,000

Photo 1 of 42Photo 2 of 42Photo 3 of 42Photo 4 of 42Photo 5 of 42Photo 6 of 42Photo 7 of 42Photo 8 of 42Photo 9 of 42Photo 10 of 42Photo 11 of 42Photo 12 of 42Photo 13 of 42Photo 14 of 42Photo 15 of 42Photo 16 of 42Photo 17 of 42Photo 18 of 42Photo 19 of 42Photo 20 of 42Photo 21 of 42Photo 22 of 42Photo 23 of 42Photo 24 of 42Photo 25 of 42Photo 26 of 42Photo 27 of 42Photo 28 of 42Photo 29 of 42Photo 30 of 42Photo 31 of 42Photo 32 of 42Photo 33 of 42Photo 34 of 42Photo 35 of 42Photo 36 of 42Photo 37 of 42Photo 38 of 42Photo 39 of 42Photo 40 of 42Photo 41 of 42Photo 42 of 42
  • 1+1 bedrooms
  • 1 bathrooms
  • 0 parking
  • 500-599 sq ft

Listed 101 days ago · MLS® X13551686

About this home

An exceptional investment opportunity in the heart of Waterloo's thriving university district! This bright and functional 1+1 bedroom, 1 bathroom condo is steps From The University Of Waterloo and Wilfrid Laurier University. The property offers amazing amenities including; fitness centre, basketball court, theatre room, games room, multiple study lounges, and on site retail along with amazing proximity to restaurants and shopping. Whether you're looking to expand your investment portfolio, purchase your first income property, or looking for your kind, this unit offers outstanding rental potential in one of the region's strongest student housing markets. The building has historically experienced nearly 0% vacancy, providing investors with confidence in consistent rental demand and reliable cash flow. Designed for hassle-free ownership, the property also benefits from professional management, offering a stress-free investment experience with minimal day-to-day involvement. Don't miss your chance to own a turnkey investment in a prime location with proven rental performance, exceptional demand, and the convenience of low-maintenance, professionally managed ownership. Already rented through to 2027, however, vacant possession can be provided if sold before the end of August.

Details

Type
Condo Apartment
Style
Apartment
Size
500-599 sq ft
Basement
None
Garage
Underground
Kitchens
1
Property tax
$3,523 (2026)
Maintenance fee
$324/month
Municipality
Waterloo
Price per sq ft
$755 (44% above condo apartments in Waterloo, $523)
Fee per sq ft
$0.59/month

Interior

Bedrooms
1 above ground + 1 below
Bathrooms
1 × 3-piece (main)
Rooms
4 above ground
Family room or den
No
Fireplace
No
Laundry
In-Suite Laundry, Ensuite

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air

Building and exterior

Style
Apartment
Exterior
Brick

Condo

Monthly fee
$324
Fee includes
Heat Included, Hydro Included, Water Included, Building Insurance Included, Common Elements Included
Exposure
East
Pets
Yes-with Restrictions
Property manager
Craft Property Management

More

Possession
Flexible
Cross street
University Ave and Phillip St

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 University of Waterloo LRT6 min walk
  • 🚇 Research and Technology LRT12 min walk

Within a 10-minute walk: 3 grocery stores, 91 cafés and restaurants, 8 parks, 2 pharmacies. Nearest grocery: Rong Natural Food Store (250 m). Nearest park: Sunview park (350 m).

Schools nearby

Elementary

  • Winston Churchill Public School
    EQAO: Gr 6 reading 88%, math 56%    18 min walk
  • Cedarbrae Public School
    EQAO: Gr 6 reading 76%, math 14%    1.7 km
  • Keatsway Public School
    EQAO: Gr 6 reading 84%, math 50%    1.9 km
  • Sir Edgar Bauer Catholic Elementary School Catholic
    EQAO: Gr 6 reading 86%, math 60%    2.1 km

Secondary

  • Waterloo Collegiate Institute
    EQAO: Gr 9 math 57%, literacy test 85%    13 min walk
  • St. David Catholic Secondary School Catholic
    EQAO: Gr 9 math 67%, literacy test 97%    17 min walk
  • MacGregor Public School1.3 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N2L

Owners / renters
37% / 63%
Median household income
$69,500
Average age
37
Children under 15
11%
Homes
29% detached, 40% high-rise
Commute by transit
12%
Population
37,953

Languages spoken most at home besides English: Mandarin 5.5%, Arabic 1.4%, Hindi 0.9%, Punjabi (Panjabi) 0.9%.

Safety

Crime Severity Index for Waterloo Region (Kitchener) police: 67 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Kitchener: 5 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by IREP REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Similar homes nearby

See more in Waterloo