45 Westmount Road N 404, Waterloo, ON N2L 2R3
Utilities includedCentral Air Conditioning · Heat · Hydro · Water
Also includedBuilding Insurance · Common Elements · Parking
Bright and spacious 2-bedroom condo in the heart of Waterloo. This corner unit boasts a bright, spacious layout with large windows, filling the space with natural light. The larger semi-enclosed sunroom is perfect for relaxing. The bedrooms are generously sized with ample closet space. Located right across from Westmount Place Mall, this condo offers easy access to multiple bus routes, and the LRT, and is just minutes from Uptown Waterloo, making commuting a breeze. Steps away from shopping, public transit, and Waterloos universities, this home is move-in-ready and ideal for first-time buyers, investors, or those looking to downsize. The unit comes with one underground parking and locker. All utilities included. Comes furnished.
- MLS number
- X13709538
- Type
- Condo Apartment
- Status
- Active
- Bedrooms
- 2
- Bathrooms
- 1
- Postal code
- N2L 2R3
- Photos
- 22
- Locker
- Yes — Owned
- Laundry
- In Building
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.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Condo Apartment
- Style
- Apartment
- Class
- Residential Condo & Other
- Exposure
- North East
- Municipality
- Waterloo
- Cross street
- Westmount/ERB
Inside
- Bedrooms
- 2
- Bedrooms above grade
- 2
- Bathrooms
- 1
- Washrooms
- 1
- Kitchens
- 1
- Rooms above grade
- 6
- Fireplace
- Yes
- Basement
- None
- Laundry
- Lower Level
- Size
- 1000-1199
Building
- Construction
- Brick
Parking
- Garage
- Underground
- Covered spaces
- 1
- Driveway spaces
- 0
- Total parking
- 1
- Features
- Underground
Heating, cooling and services
- Heating
- Baseboard
- Heat source
- Electric
- Cooling
- Wall Unit(s)
Condominium
- Amenities
- Visitor Parking
- Pets
- Yes-with Restrictions
Features
- Property
- Arts Centre, Hospital, Library, Park, Public Transit, School
- Interior
- Other
Listing
- MLS number
- X13709538
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-08-25
- Expires
- 2026-11-25
- Board
- Toronto Regional Real Estate Board
Listing history
This address has been listed 2 times.
Where this property is
Where this address sits, matched against open government data.
Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.
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.
| School | Level | Distance | Rating |
|---|---|---|---|
| Empire Public School Waterloo Region DSB | Elementary | 304 m | / 10 76% met the standard |
| Our Lady of Lourdes Catholic Elementary School Waterloo CDSB | Elementary | 436 m | / 10 67% met the standard |
| Keatsway Public School Waterloo Region DSB | Elementary | 933 m | / 10 72% met the standard |
| Crania Schools | Elementary | 1.3 km | Not reported |
| Westmount Public School Waterloo Region DSB | Elementary | 1.4 km | / 10 67% met the standard |
| MacGregor Public School Waterloo Region DSB | Elementary | 1.6 km | Not reported |
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
The market around this home
Condo Apartments in Waterloo — 609 leases over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.
How these are built, and what they cannot tell you
Each point is the median of the leases 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 560 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35300291 — the few blocks around this address, home to 560 people. It describes the area, not this property.
Percentages are of the 340 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.
If you rented it out
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.