321 Northlake Drive, Unit 5, Waterloo, ON

$400,000
MLS#:X9391244
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2 beds
1 baths
600-699 sqft
1.0 parking
Residential Condo & Other
Sold property - 2 Bed, 1 Bath Home at 321 Northlake Drive Waterloo ON listed at $400,000 (MLS# X9391244) - Main View
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This property was sold on October 24, 2024. Listing is for reference only.
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Added:Oct 10, 2024(705 days ago)
Updated:Oct 24, 2024(691 days ago)
Last Checked:19 minutes ago

Property Highlights

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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 $400,000 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 600-699 sqft
  • 1.0 total parking spaces available
  • Notable attributes: None
  • equipped with window unit(s) central cooling and highly efficient baseboard heating via electric

Description

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Welcome to 321 Northlake Drive - a building with low condo fees of only $335.00! This main floor, two-bedroom, one-bathroom home is over 680 square feet and is perfect for a first-time homebuyer or investor adding to their portfolio. Walk through the front door and into the open-concept space. The white kitchen has ample cupboard space and stainless steel appliances. The bright living room has sliding glass doors leading to a juliette balcony. Down the hall, find the two bedrooms, 4-piece bathroom and stackable washer/dryer. Secured access to the building and one surface parking spot. This unit comes with a storage locker for your convenience. The condo fees include water, the only utility costs is electricity. Making this a great economical unit! Located in the Lakeshore North neighbourhood, this home has easy access to the Laurel Creek, St. Jacobs market and HWY 85.

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Property Summary

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This condo apartment located at 321 Northlake Drive, Waterloo is currently for sale and has been available on SousaSells for 705 days. This property is listed at $400,000 with an estimated mortgage of $1,331* per month. It has 2 beds, 1 bathroom, and is 600-699 square feet. 321 Northlake Drive, Waterloo

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Waterloo.

Great for Small Household / Couples
What We Love About This Home
  • •2 spacious bedroom layout offering versatile living space
  • •1 well-appointed bathroom
  • •600-699 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Waterloo.

Target Buyer Match

Key Features

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Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

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StatusSold
Maintenance Fee$335/mo
Sold DateOctober 24, 2024
Sold price information is available to members only
AddedOct 10, 2024 (705 days ago)
UpdatedOct 24, 2024 (691 days ago)
Last Checked19 minutes ago
Transaction TypeFor Sale
List Office NameKELLER WILLIAMS INNOVATION REALTY

Property Details

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Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyWaterloo
Annual Tax$1,794

Parking & Garage

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Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

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Heat SourceElectric
Heat TypeBaseboard
CoolingWindow Unit(s)

Features

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Property Features

None listed

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Property History

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No historical data available for this property.

This could be the first listing for this address.

Waterloo Homeowner & Seller AdvisoryVerified Sold Comp

What is your house worth in Waterloo?

This property at 321 Northlake Drive, Unit 5, Waterloo, ON has closed. If you own a home on this street or nearby in Waterloo, recent market trends and verified sold prices directly determine your home equity.

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Frequently Asked Questions about 321 Northlake Drive, Unit 5, Waterloo, ON

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Q.What is the asking price for 321 Northlake Drive, Unit 5, Waterloo, ON ?

The current listing price for 321 Northlake Drive, Unit 5, Waterloo, ON in Waterloo is $400,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately 600-699 sqft.

Q.What property type and architectural style is 321 Northlake Drive, Unit 5, Waterloo, ON ?

321 Northlake Drive, Unit 5, Waterloo, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Window Unit(s).

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Location

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321 Northlake Drive, Unit 5, Waterloo, ON
Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Waterloo, Waterloo

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–¼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Pricing & Value Insights

Data-driven valuation for 321 Northlake Drive 5, Waterloo, ON N2V 1Z1

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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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Waterloo 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$861,587

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%

Best Schools in Waterloo

Elementary Schools

L'Harmonie
Public158 Bridgeport Road East, Waterloo, Ontario, N2J 2K4
6.5
Elizabeth Ziegler
Public90 Moore Avenue South, Waterloo, Ontario, N2J 1X2
6.3
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
Mère-Élisabeth-Bruyère
Public280 Glenridge Drive, Waterloo, Ontario, N2J 3W4
6.8

Secondary Schools

St. David
Catholic4 High Street, Waterloo, Ontario, N2L 3X5
8.0
Bluevale
Public80 Bluevale Street North, Waterloo, Ontario, N2J 3R5
7.0

Waterloo Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.

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