$2.27M · 2+1 bed Common Element Condo · Waterloo

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About this home

A residence of quiet confidence where transitional luxury meets real craftsmanship. This never-lived-in 12th-floor suite at Westmount Grand -- Tarion-registered December 2022 -- sits in the heart of Uptown West, Waterloo's most walkable and established corridor. West-facing and bathed in afternoon light, Unit 1202 offers unobstructed panoramic views with no surrounding towers -- a level of privacy that is genuinely rare in any growing city. The 12th floor holds only three residences, and solid c…

Property details

MLS#

X13035974

Status

Buy Now

Beds

2+1

Baths

3 full, 0 half

Size

2250-2499

Style

1 Storey/Apt

Type

Common Element Condo

Year built

—

Roof: Asphalt Shingle
Foundation: Block
Property features: Clear View, Public Transit, Rec./Commun.Centre

Fireplace features: Natural Gas

View: Trees/Woods, City, Clear, Forest

Building name: Westmount Grand
Condo corp #: 541
Balcony: Open
Locker: Ensuite+Exclusive
Association amenities: BBQs Allowed, Bike Storage, Car Wash, Community BBQ, Elevator, Exercise Room
Fees include: Parking Included
Pets: No

Garage: 2-car Underground
Garage spaces: 2
Parking: 2 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Waterfront: No
Exterior: Brick · Controlled Entry, Deck
Fronting on: —
Cross street: Westmount and Erb
Basement: None
Stories: 12
Utilities: —
Laundry: Ensuite
Interior: Bar Fridge, Built-In Oven, Carpet Free, Storage Area Lockers
Parking features: Inside Entry

Level	Room	Dimensions
Main	Great Room	5.18m × 6.71m
Main	Kitchen	5.18m × 4.27m
Main	Bedroom 2	3.66m × 2.97m
Main	Primary Bedroom	5.49m × 4.57m
Main	Dining Room	3.56m × 5.74m

Level

Room

Dimensions

Main

Great Room

5.18m × 6.71m

Main

Kitchen

5.18m × 4.27m

Main

Bedroom 2

3.66m × 2.97m

Main

Primary Bedroom

5.49m × 4.57m

Main

Dining Room

3.56m × 5.74m

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $2,266,888✓ $8,302 tax✓ Gas✓ 2250-2499 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$16,869/mo

incl. closing costs (yr 1)

Annual total

$202,429

year 1

Mortgage only

$8,600/mo

principal + interest

Beyond mortgage

$4,215/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$453,378

20%+ required — no CMHC insurance on $1.5M+ homes

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$692/mo

Utilities

Hydro / electricity$91/mo

≈ $0.07/ft² × ~2,375 ft² · ON avg ~$91/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$22,669/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$99/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$43,147

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)51% $103,198/yr

Property taxes25% $51,449/yr

Utilities2% $4,157/yr

Insurance & security1% $1,600/yr

Maintenance11% $22,669/yr

Condo fees7% $14,256/yr

Closing costs3% $5,100/yr

Mortgage is 51% of your true cost of ownership. The other 49% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$103,198	$8,600/mo
Government & taxes
Property tax	$8,302	$692/mo
Land transfer tax(closing)	$43,147	$3,596/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$1,097	$91/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$22,669	$1,889/mo
Condo fees
Condo / HOA fees	$14,256	$1,188/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$202,429	$16,869/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 1202

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Annual costs