312 Erb Street, Waterloo

We have found 6 Condos that closely match the specifications of the property located at 312 Erb Street with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 679,900 and 760,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Condos in the null postal code area of Waterloo Ontario Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 312 Erb Street. The current price of the property is $599,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $479,200. This would result in a monthly mortgage payment of $2,801 over a 25-year amortization period.