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330 PHILLIP Street Unit# S605, Waterloo — listed at $430,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Attention: Investors or Parents of University Students! Rare opportunity! Waterloo ICON - One of the most desirable luxurious student living Condos in Waterloo’s University Core. This modern and comfortable 1 BED + DEN and 1 BATH condo with engineered hardwood flooring, granite countertops, stainless steel appliances, and in-suite laundry. Unbeatable location—situated directly across from the University of Waterloo and within walking distance to Wilfrid Laurier University. Daily essentials are just steps away with two large plazas nearby offering restaurants, supermarkets, medical clinics, courier services, and more. The LRT stop is right at your doorstep, providing convenient access to all corners of the city. Purpose-built for student living, this building offers complimentary Wi-Fi in common areas and a wide array of premium amenities: Fitness centre, Yoga studio, Sauna, Basketball court, Games room, Media room, Rooftop patio with fireplace.  Multiple student lounges and study areas, a secure building with fob access and concierge security. Currently generating steady rental income. Option to assume existing tenants or take possession vacant for personal use. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Main level | — |
| 3pc Bathroom | Main level | 5'9'' x 6'1'' |
| Den | Main level | 8'9'' x 10'7'' |
| Bedroom | Main level | 9'5'' x 10'9'' |
| Living room | Main level | 6'7'' x 9'1'' |
| Kitchen | Main level | 8'7'' x 12'0'' |
What do the condo/maintenance fees cover?+
The $302/mo fee covers: Common Area Maintenance, Insurance.
What's the parking situation?+
This property includes None.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
Built in 2016 — is this considered new?+
A 2016 build means modern building codes, likely better insulation and wiring than older homes. Ask if any major systems (roof, furnace, windows) have been replaced — even newer homes need maintenance.
Is this a good starter home?+
At $430,000, this is priced in starter-home territory for Waterloo. With multiple bedrooms, it has room to grow into. Factor in condo fees when calculating your true monthly cost.
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