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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Waterloo
  • 118 - Colonial Acres/East Bridge
  • 243 Northfield Drive
243-northfield-drive-waterloo-ontario-40688888
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243-northfield-drive-waterloo-ontario-40688888
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  • Sold Sold in Mar 2025
  • Condo Apt

511 - 243 Northfield Drive

Waterloo, 118 - Colonial Acres/East Bridge
  • 2 Bedrooms
  • 2 Bathrooms
  • 0 Garage
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Sold Price: $ 470,000
5.98%
Listed Price: $ 499,900
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Key Facts About 511 - 243 Northfield Drive, Waterloo

  • Tax $3,299 / 2024
  • Property Type Residential
  • Building Type Condo/Apt Unit
  • Building Style 1 Storey/Apt
  • Property Attached Attached
  • Maintenance Fees $616
  • Building Age 2021
  • Size 832 feet²
  • Parking 0 garage, 1 parking
  • Listing # 40688888
  • Data Source ITSO
  • Days on Market 69
  • Listed On 09/01/2025
  • Updated On 02/06/2025
  • Market Demand
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Description

Welcome to your dream condominium unit, where modern elegance meets comfort & convenience. This meticulously designed 2 Bed, 2 Bath residence offers the perfect blend of luxury & functionality, making it an ideal haven for those seeking a sophisticated urban lifestyle. As you step inside, you'll be greeted by an open & inviting living space. The living room is bathed in natural light, creating a warm and welcoming atmosphere that's perfect for both relaxation & entertainment. The adjacent kitchen boasts sleek, contemporary design and is equippe

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Property Details of 511 - 243 Northfield Drive, Waterloo

Property

  • Property Type Condo Apt, Attached
  • Style 1 Storey/Apt
  • Fronting On South
  • Community 118 - Colonial Acres/East Bridge
  • Municipality Waterloo

Inside

  • Bedrooms 2
  • Bathrooms 2
  • Kitchen 1
  • Rooms 7
  • Fireplace Y
  • Appliances Water Heater, Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Appliances Included Dishwasher,Dryer,Refrigerator,Stove,Washer

Utilities

  • Water Municipal
  • Cooling Central Air, Energy Efficient
  • Heating Type Forced Air, Natural Gas

Building

  • Size 832 feet²
  • Architecture Style 1 Storey/Apt
  • Roof Tar/Gravel
  • Construction Cement Siding, Steel Siding
  • Foundation Type Concrete Perimeter
  • Amenities Business Centre (WiFi Bldg), Barbecue, Concierge, Elevator(s...View More
  • Building Age 2021

Parking

  • Drive Way Outside/Surface/Open
  • Garage Type Exclusive
  • Garage 0
  • Parking Places 1
  • Total Parking Places 1

Land

  • Zoning RMU-20
  • Acreage < 0.5
  • Cross Street BRIDGE ST

Features

  • Elevator Y
  • Sauna Y
  • Separate Heating Controls Y

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Our Estimate

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Estimated Rent

$ 2,669

Rental Yield

5.46%

School Score

8.4/10

Rental Score

5/5

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Rooms

Kitchen (4.65X2.74 metre)
Level: Main
Bedroom Primary (2.74X4.65 metre)
Level: Main
Living Room (3.28X3.58 metre)
Level: Main
Bedroom (3.25X3.15 metre)
Level: Main
Level: Main
Bathroom
Level: Main
Laundry
Level: Main

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,185

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $616
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Data is provided courtesy of ITSO © 2021 ITSO ( https://www.itsosystems.ca ) The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information deemed reliable but not guaranteed.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 511 - 243 Northfield Drive, Waterloo

Welcome to your dream condominium unit at 243 Northfield Drive, Waterloo, where modern elegance harmoniously meets comfort and convenience. This meticulously designed 2-bedroom, 2-bath residence is the epitome of luxury and functionality, making it an ideal haven for those seeking a sophisticated urban lifestyle. If you’re in the market for a condo for sale in Waterloo , this property is certainly worth your attention.

As you step inside this splendid condo at 243 Northfield Drive, Waterloo, you’ll be greeted by an open and inviting living space. The living room is awash with natural light, creating a warm and welcoming atmosphere that is perfect for both relaxation and entertaining guests. The adjacent kitchen, located on the main floor, boasts a sleek, contemporary design and is equipped with top-of-the-line appliances, ample counter space, and storage cabinets, making it a chef's delight. Whether you’re preparing a simple breakfast or hosting a dinner party, this kitchen will meet all your culinary needs.

The two spacious bedrooms in this condo for sale in Waterloo provide a tranquil retreat after a long day. The master suite features an ensuite bathroom for your privacy and convenience, allowing you to unwind in your own personal sanctuary. Both bathrooms showcase modern fixtures and tasteful finishes, offering a spa-like experience that you will surely appreciate.

One of the standout features of this condominium unit is the insuite laundry, which adds to the convenience of daily living. Say goodbye to trips to the laundromat; now you can take care of your laundry needs without leaving the comfort of your home. The inclusion of essential appliances such as a water heater, dishwasher, dryer, refrigerator, stove, and washer ensures that your daily routines are as seamless as possible.

Step outside to the generously sized balcony, where you can enjoy your morning coffee or unwind with a glass of wine in the evening. This spacious balcony provides a private outdoor oasis, perfect for soaking in the views or hosting gatherings with friends and family. Imagine enjoying the fresh air and sunshine in your own little retreat right at home.

Parking is a breeze with your very own reserved parking spot, ensuring that you always have a secure and convenient place to store your vehicle. This condo for sale in Waterloo not only offers a comfortable living space but also the ease of access that comes with having your own parking space.

Located in the vibrant community of 118 - Colonial Acres/East Bridge, this condominium is ideally situated in close proximity to Conestoga Mall, the LRT (Light Rail Transit), numerous restaurants, Grey Silo Golf Club, Rim Park, and major highways. You’ll find yourself effortlessly connected to the heart of Waterloo and beyond, making it an ideal location for both work and leisure.

This property at 243 Northfield Drive, Waterloo, is not just a place to live; it’s a lifestyle upgrade. With its modern amenities, spacious layout, and prime location, it truly encapsulates the perfect balance of comfort and luxury. Whether you’re a first-time buyer or looking to downsize, this condo for sale in Waterloo is a remarkable opportunity that you won’t want to miss.

In summary, if you’re searching for a condo for sale in Waterloo that offers a blend of modern elegance and practical living, look no further than this stunning unit at 243 Northfield Drive, Waterloo. With its two bedrooms, two bathrooms, and a host of desirable features, it’s the perfect place to call home. Don’t hesitate to arrange a viewing and discover for yourself the exceptional lifestyle that awaits you in this beautiful condominium.

Colonial Acres/East Bridge is a charming residential area nestled within the vibrant city of Waterloo, offering a delightful blend of suburban tranquillity and urban convenience. Characterised by its tree-lined streets and well-maintained parks, this community provides a welcoming environment for families and individuals alike. With easy access to local amenities, including shops, schools, and recreational facilities, residents can enjoy a balanced lifestyle. The proximity to major transport links ensures that the bustling city centre and surrounding attractions are just a short journey away, making Colonial Acres/East Bridge an ideal choice for those seeking a peaceful yet connected living experience.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. The closest option is Lester B. Pearson Public School, just 1.3 km away, offering both English and French instruction for grades JK to 8, with a solid school rating of 7.5. Another nearby elementary school is St. Luke Catholic Elementary School, located 1.5 km from the property, which boasts a higher rating of 8.5 and provides education in both English and French for grades JK to 8. For secondary education, Waterloo Collegiate Institute is available 3.5 km away, rated at 6.9, while St. David Catholic Secondary School, 3.0 km from the property, has a rating of 7. Both secondary schools offer grades 9 to 12. Additionally, Sir Edgar Bauer Catholic Elementary School, located 3.3 km away, provides French education for grades 1 to 7 with a rating of 5.8. With a mix of public and Catholic schools in close proximity, this area is well-suited for families seeking quality education options for their children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,258 residents, with an average household size of 2.1 individuals. The demographic profile reveals an average age of 38 years and a relatively high average household income of $117,600, with only 7% of the population classified as low-income. The housing market reflects an average property price of $880,000, indicating a robust real estate environment. A significant portion of the population, 43.58%, is single, while 37.14% of households include children, suggesting a mix of family structures. Additionally, 22.8% of residents are immigrants, contributing to the area's diversity. The rental market is prominent, with 69.03% of residents renting their homes, and condos make up 24.78% of the housing stock. Education levels are high, with 58.53% of the population holding a college or university degree. However, 22.12% of residents are not in the labor force, indicating potential economic challenges for some. Overall, this community presents a blend of young professionals, families, and a diverse population, making it an attractive area for potential buyers and investors.

FAQs About 511 - 243 Northfield Drive, Waterloo

How many bathrooms does this property have?

This property features 2 bathroom(s) and 2 bedroom(s).

Does this 2 bedroom property have additional bedrooms or a den?

This Condo Apt property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 2 bed property in Waterloo is 832.

How many parking spaces are available with this property?

243 Northfield Drive boasts 1 convenient parking spaces.

How many cars can be parked in the garage of 243 Northfield Drive?

This property does not feature a garage.

What type of garage does this property have?

This property includes an Exclusive garage with space for 0 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

A fireplace is available in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $616.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

Information about heating system is not available.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 511 - 243 Northfield Drive, Waterloo

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Listing History

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