501 - 312 ERB STREET, Waterloo

$2,199/mo

For rent: Apartment

Apartment at 501 - 312 ERB STREET, Waterloo
Property type
Condo Apartment
Bedrooms / bathrooms
2 bedrooms, 2 bathrooms
Living area
799 sqft
MLS®
MLS® X13715750

Welcome to modern urban living at 312 Erb St W! This bright and spacious 2 bedroom, 2 full bathroom condo features an open-concept layout filled with natural light and exceptional outdoor space, highlighted by two private balconies. A peaceful retreat directly off the bedroom, and an expansive main balcony off the kitchen perfect for summer entertaining, outdoor dining, or a small garden. The unit offers ultimate convenience with in-suite laundry included, with the tenant setting up accounts for hydro and water. Residents enjoy access to premier building amenities, including a spacious co-working lounge, party room and private event space, a dedicated pet washing station, and secure electronic parcel lockers. Ideally situated near the University of Waterloo campus, Waterloo Park, the Waterloo Recreation Centre, and vibrant Uptown Waterloo, with everyday shopping, dining, and transit options right along Westmount Road.

Sold data

Apartment homes in Waterloo — recent sold market

Apartment homes in Waterloo took a median of 42 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 65, across 68 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.

The median sale price was $416,250.

Homes sold for about 4.4% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 24% of sellers reduced their price before finding a buyer.

Median days to sell
43
Median sale price
$416,250
Sale-to-list ratio
95.6%
Sold above asking
7%

Based on 68 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Waterloo

Waterloo has 31 Fraser Institute–rated schools (27 elementary and 4 secondary), averaging 6.8/10.

Rated schools
31
Elementary
27
Secondary
4
Average rating
6.8 / 10

Top-rated schools in Waterloo

  • Millen Woods — elementaryFraser rating 8.9/10
  • Sir John A Macdonald — secondaryFraser rating 8.7/10
  • Abraham Erb — elementaryFraser rating 8.6/10
  • Laurelwood — elementaryFraser rating 8.5/10
  • Vista Hills — elementaryFraser rating 8.5/10
  • Mary Johnston — elementaryFraser rating 8.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 501 - 312 ERB STREET