For Sale · Waterloo · Single Family

$399,900

405 ERB Street W Unit# 507, Waterloo

Beds

Baths

1,293

Sq Ft

1997

Built

About This Home

The details.

PENTHOUSE LIVING! BACKING ONTO GARDENS & GREENSPACE! Welcome to #507–405 Erb St W, offering almost 1,300 sq. ft. of finished, carpet-free living space in a bright and spacious layout. This well-maintained unit features a large living room and dining area, a functional kitchen, and the convenience of in-suite laundry with a stackable washer and dryer. The unit includes two generously sized bedrooms, highlighted by a primary suite complete with a walk-in closet and private 4-piece ensuite. A shared 3-piece bathroom provides additional convenience for guests or family members. Ideally located close to shopping, dining, and entertainment at The Boardwalk, as well as Costco, golf courses, cinemas, and everyday amenities. ONE INDOOR HEATED PARKING SPOT. Just minutes from University of Waterloo and Wilfrid Laurier University, with easy access to Highway 8, making commuting simple and convenient. (id:66635)

Summarizing the highlights...

MLS® 40830140Listing courtesy of RE/MAX TWIN CITY REALTY INC.See all units in this building View on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Condominium
Year built: 1997
Size: 1,293 sqft
Storeys: 1
Parking: 1 space
Strata fee: $759 / monthly
Listed on: 2026-05-13
Days on market: 63
MLS number: 40830140
Data source: Cornerstone Association of REALTORS®

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$1,870

$319,920 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$1,870

Cash flow

-$1,870

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Waterloo right now

257

Active listings

367

New this week

$625,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Waterloo.

Household and demographic stats for Waterloo, from the Statistics Canada 2021 Census.

121,436
Population (2021): 36
Median age: 47,040
Households: 2.5
Avg household size: 61.3%
Home ownership: $94,000
Median household income

Waterloo market trends

Source: Statistics Canada 2021 Census, Waterloo, City, Ontario.

Schools

Nearby schools.

K-12 schools closest to this home, with straight-line distances.

Holy Rosary Catholic Elementary School
catholic · elementary
830 m
Centennial (Waterloo) Public School
public · middle
900 m
Keatsway Public School
public · elementary
930 m
Westvale Public School
public · elementary
1.1 km
Mary Johnston Public School
public · elementary
1.2 km
Kitchener Waterloo Bilingual School
independent · elementary
1.3 km

Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.

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Rental Market

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.