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Investment signal

$458,000

266 WESTCOURT PLACE

Save this home

Beds

3

Baths

2

Sqft

Year

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Waterloo. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

LOCATION..LOCATION!! Welcome to 266 Westcourt Pl, a spacious two-storey townhome located in the highly desirable Westmount area of Waterloo. Just steps from the University of Waterloo, LRT, bus routes, shopping, and everyday amenities. Whether you are an investor seeking strong rental potential and cash flow, a student, or a buyer looking for a place to call home, this property is a fantastic opportunity. This charming home features 3 bedrooms and 2 full bathrooms, including a convenient main floor bedroom. The fully finished basement provides additional living space perfect for a guest room, recreation room or home office. Upstairs you will find two generously sized bedrooms and an updated 4-piece bathroom. The primary bedroom boasts vaulted ceilings and a large closet. Additional highlights include a renovated kitchen, new flooring on the main level and a finished basement ready for immediate enjoyment. One parking space included. Don't miss this great opportunity in one of Waterloo's most sought-after locations. "Some photos are virtually staged" (id:65958)

Subtype
Single Family
Structure
Row / Townhouse
Common interest
Condo/Strata
Bedrooms
3 above grade
Parking
1 total
Condo/HOA fee
$214 monthly
Stories
2
Fireplace
1
On market
Apr 13, 2026
Status changed
Apr 14, 2026
Annual tax
$3,288
Zoning
RMU-60
Photos
19
MLS#
X12991310
Area
WATERLOO

Features and systems

Parking

No Garage

Basement

FinishedN/A

Appliances

WasherRefrigeratorStoveDryerWindow Coverings

Heating

Forced airNatural gas

Cooling

None

Exterior

Brick

Lot

In suite Laundry

Community

Pets Allowed With Restrictions

Fee includes

Common Area MaintenanceInsuranceParking
Negative cash flow ~$439/mo at these assumptions

Cash on cash

-5.75%

Cap rate

3.71%

GRM

15.9

Break-even rent

$2,862

Financing

Down payment$91,600
Loan amount$366,400
Mortgage$1,856/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$210
Insurance$80
Maintenance$382
CapEx reserve$191
Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,856/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.

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