Homula Realty Brokerage
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128 King Street N 1105, Waterloo, ON N2J 2X9

1+1 beds · 1 bath · 1 kitchen · 3+1 rooms · 600-699 sq ft · Locker · Laundry in unit · Condo Apartment
$349,000

Utilities includedCentral Air Conditioning

Also includedBuilding Insurance · Common Elements

Maintenance fee
$320 / month
Property tax
$3,713 / year
Included in the fee
Building Insurance, Common Elements, CAC

POWER OF SALE - Being Sold "Where Is, As Is". Welcome to Unit 1105 at 128 King Street North, a stylish condo in a sought-after luxury building in the heart of Waterloo. Perfect for students, young professionals, couples, or investors, this thoughtfully designed unit offers over 650 sq. ft. of functional living space, featuring one spacious bedroom plus a versatile den (ideal as a second bedroom or home office) and a modern 4-piece bathroom. Freshly painted throughout, the unit presents a bright and inviting atmosphere, enhanced by floor-to-ceiling windows that flood the space with natural light and showcase expansive views. The open-concept layout is complemented by a contemporary kitchen equipped with stainless steel appliances, a large island, and ample storage, making it perfect for both everyday living and entertaining. Step out onto the private balcony to relax and enjoy the vibrant city surroundings. Residents enjoy access to an impressive selection of amenities, including a fully equipped fitness and yoga studio, games room, meeting rooms, study space, visitor parking, secure bike storage, and EV charging stations, all within a secure, well-managed building. The unit also includes one locker for additional storage. Ideally located just steps from Wilfrid Laurier University and the University of Waterloo, as well as restaurants, cafés, parks, shopping, and public transit, this property offers unmatched convenience and strong rental demand. An excellent opportunity to enter the condo market or secure a high-demand investment in one of Waterloo's most vibrant communities. Unit has been LEASED (X12715482 $1,800/month).

MLS number
X13139212
Type
Condo Apartment
Status
Active
Bedrooms
2
Bathrooms
1
Postal code
N2J 2X9
Photos
17
Locker
Yes — Owned (locker 38, level 4)
Laundry
Ensuite
Included in the fee
Building Insurance, Common Elements, CAC
120days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Stanford AcademySecondary297 mNot reported
Stanford Online AcademySecondary343 mNot reported
CIC Ontario Secondary SchoolSecondary659 mNot reported
Courtland Avenue Public School
Waterloo Region DSB
Elementary859 mNot reported
InnovOak SchoolElementary and secondary670 mNot reported
Suddaby Public School
Waterloo Region DSB
Elementary733 m7.0 / 10
70% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Condo Apartments in Waterloo406 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$347k$405k$462k20252026this home’s asking price
$382klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
96%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d25d51d20252026
43dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among condo apartments in waterloo. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,419 people.

$64,500Median household income
22.5%Own their home
1.9%Detached houses
33.6Median age
24.9%Born outside Canada
43.8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35300396 — the few blocks around this address, home to 1,419 people. It describes the area, not this property.

1,419Population
38.4Average age
1.7Household size
$64,200Average household income
$64,500Median household income
23%Own their home
78%Rent
47%Condominiums
25%Born outside Canada
44%University degree
$428,000Average home value
18%Low income
35%Not in the labour force
44%Never married
Under $5,0003%
$5,000 to $9,9991%
$10,000 to $14,9992%
$15,000 to $19,9994%
$20,000 to $24,9993%
$25,000 to $29,9995%
$30,000 to $34,9995%
$35,000 to $39,9994%
$40,000 to $44,9994%
$45,000 to $49,9993%
$50,000 to $59,9997%
$60,000 to $69,9997%
$70,000 to $79,9996%
$80,000 to $89,9997%
$90,000 to $99,9995%
$100,000 and over19%
$100,000 to $124,9999%
$125,000 to $149,9995%
$150,000 to $199,9994%
$200,000 and over2%

Percentages are of the 985 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$69,800 · minimum here is $17,450
$1,545.30per month
Borrowed before insurance$279,200
Total borrowed$279,200
Interest over 25 years at 4.5%$184,389

If you rented it out

-$2,174.71per month out of pocket
Rent$0.00
Everything it costs to hold$2,174.71
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by GET SOLD REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.