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B601 - 62 BALSAM Street

B601 - 62 BALSAM Street

Waterloo, Ontario

2 bed • 2 bath • Single Family

$389,900

Welcome to this bright and beautifully maintained high-floor suite at Sage 3, offering approximately 869 sq. ft. of thoughtfully designed living space plus a private balcony. This desirable 2-bedroom, 2-bathroom condo features a functional open-concept layout filled with natural light. The spacious primary bedroom offers direct access to the balcony, which is also accessible from the living room, creating a seamless indoor-outdoor living experience. The contemporary kitchen is equipped with granite countertops, stainless steel appliances, and ample cabinetry, flowing effortlessly into the bright living and dining areas—ideal for both everyday living and entertaining. A separate laundry room adds extra convenience, and the unit has been professionally cleaned and meticulously maintained, making it truly move-in ready. Perfectly located just steps from Wilfrid Laurier University and the University of Waterloo, as well as public transit, restaurants, shopping, and everyday amenities, this is an outstanding opportunity for homeowners, parents of university students, or savvy investors. Maintenance fees include water, gas, high-speed internet, and common elements, and the unit comes complete with one underground parking space. Enjoy low-maintenance living in one of Waterloo's most convenient and sought-after locations.

Price History

Schools

Secondary

  • Waterloo Collegiate Institute0.4 km

    Public · Waterloo Region DSB · 1480 students

    Grade 10 literacy: 85% met the provincial standard

  • St David Catholic Secondary School0.9 km

    Catholic · Waterloo CDSB · 1080 students

    Grade 10 literacy: 97% met the provincial standard

  • Bluevale Collegiate Institute2.4 km

    Public · Waterloo Region DSB · 1115 students

    Grade 10 literacy: 88% met the provincial standard

Elementary

  • MacGregor Public School0.7 km

    Public · Waterloo Region DSB · 510 students

  • Winston Churchill Public School1.1 km

    Public · Waterloo Region DSB · 320 students

    Grade 3 reading: 81% met the provincial standard · Grade 6 math: 56% met the provincial standard

  • ÉÉC Mère-Élisabeth-Bruyère1.8 km

    French Catholic · CS catholique MonAvenir · 220 students

    Grade 3 reading: 84% met the provincial standard · Grade 6 math: 68% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N2L

Population
37,953
Private dwellings
19,681
Median age
29.8
Average household size
2.2
Median household income
$69,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Single Family in Waterloo · last 12 months

Median sold price
$695,000
Homes sold
1,026
Median days on market
22
Sale-to-list price
99.8%

Based on 1,026 recorded sales of single family properties in Waterloo over the last 12 months.

Location

Mortgage Calculator

$77,980

Estimated Monthly Payment

$1,915

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $1,915/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $97/mo

Estimates only. Consult a financial advisor.

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