321 Northlake Drive, Waterloo, ON

$320,000
MLS#:X12181427
2 beds
1 baths
700-799 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["Apartment"] condo apartment located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $320,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-799 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Carpet Free, Intercom, Separate Heating Controls
  • equipped with ["none"] central cooling and highly efficient baseboard heating via electric

This bright and inviting 2-bedroom condo is perfectly situated in the highly desirable Lakeshore North neighborhood of Waterloo, known for its family-friendly atmosphere and excellent schools, parks, and amenities. Just a short walk from everyday conveniences like Sobeys, State & Main, and Tim Hortons - this nearly 800 square foot home offers a comfortable and stylish living space with carpet-free flooring for easy maintenance. Convenience of a coin-operated laundry room on the same level, an exclusive parking spot, visitor parking, and a private storage locker. The low condo fees include water, while hydro is paid separately by the owner. The location is ideal, with quick access to St. Jacobs Market, Laurel Creek Conservation Area, and public transit, as well as being only 8 minutes from Conestoga Mall, two universities, and a college campus. For commuters, the Expressway is just 5 minutes away, and families will enjoy being only a 5 minute bike ride from the nearest elementary school. Whether you are a first-time homebuyer, downsizing, or seeking a smart investment property, this well-maintained condo offers an excellent opportunity to enjoy comfortable and convenient living in a vibrant community.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateAugust 5, 2025
Sold price information is available to members only
Listed Date5/29/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionBrick
CountyWaterloo
Annual Tax$1,884.43

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
Cooling["None"]

Features

Property Features

Community Features

Location

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321 Northlake Drive, Waterloo, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 321 Northlake Drive 1, Waterloo, ON N2V 1Z1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$256,000
Monthly Mortgage$1,487
Property Tax (Est.)$157
Utilities & Maint.$350
Total Monthly Cost$1,994

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Waterloo.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterloo.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$782,891

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Local Schools Guide

Elementary Schools

Winston Churchill
Public100 Milford Avenue, Waterloo, Ontario, N2L 3Z3
5.5
Our Lady of Lourdes
Public55 Roslin Avenue South, Waterloo, Ontario, N2L 6N5
5.0
Keatsway
Public323 Keats Way, Waterloo, Ontario, N2L 5V9
4.8
L'Harmonie
Public158 Bridgeport Road East, Waterloo, Ontario, N2J 2K4
6.5
Elizabeth Ziegler
Public90 Moore Avenue South, Waterloo, Ontario, N2J 1X2
6.3

Secondary Schools

St. David
Catholic4 High Street, Waterloo, Ontario, N2L 3X5
8.0
Kitchener Waterloo
Public787 King Street West, K-W Hospital, Kitchener, Ontario, N2G 1E3
7.4
Bluevale
Public80 Bluevale Street North, Waterloo, Ontario, N2J 3R5
7.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.