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For Sale
Just Listed

330 Phillip Street C533 #C533

Waterloo, ON
$649,900
2+1Bd
2Ba
850+sqft
0Parking
$765/sqft
CondoMLS# X13116954Listed 2026-05-121 DOM
Cooling
Central Air

Just listed! New listings in Waterloo often receive offers within the first week.

About this home

This modern 2+1 Bedroom has been converted into a functional 3 Bedroom Unit with 2 Bathrooms while offering comfort, style, and unparalleled convenience. The building sits directly across the street from the University of Waterloo's East campus, creating a "zero-commute" lifestyle that is virtually irreplaceable. For Students this offers a three-minute walk to lectures, labs, and the University's Davis Centre Library. Wilfrid Laurier University is also just a 10-15 minute walk or a quick LRT ride away, effectively doubling the potential tenant pool. 330 Phillip Street, known as ICON, represents a paradigm shift in the Waterloo residential landscape, transitioning the city's University District from traditional, low-density student housing into a sophisticated, high-density urban core. ICON is the quintessential "blue-chip" asset-a property that combines a bulletproof location with a modern, amenity-rich infrastructure that effectively "de-risks" the investment for both local and out-of-province owners. What truly separates 330 Phillip St from its contemporaries is its resort-style amenity package, which functions as a massive marketing engine for owners. The centerpiece is the full-sized indoor basketball court-a rare luxury in Ontario condos-which serves as a social hub for the building. Complementing this is a state-of-the-art fitness center and a dedicated yoga studio, catering to the growing wellness trend among the resident demographic. However, the building's true genius lies in its academic integration, featuring multiple private study lounges and high-tech boardrooms . These spaces are equipped with the infrastructure necessary for private reading or study extending the University Campus into the home. On the social side, the two rooftop patios offer panoramic views of the Waterloo skyline and the sprawling University grounds, featuring outdoor fireplaces and BBQ stations that make the building the most sought-after social address in the district.

Pool

Features

  • Carpet Free
  • None
  • Central Air
  • Apartment

Financials

Annual Taxes
$4,192.18

Estimated Rental Income

Entire property$2,600 – $3,500/mo
Rental yield4.8% – 6.5%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Waterloo

Days on market1 days
Buyer's MarketSeller's Market

Based on active listings in Waterloo. Data updates daily.

Our estimate for this home

Priced 30.7% above estimate
Estimated range
$460K$535K
Mid-point $497K · ~$585/sqft
How this listing compares
$460KList · $650K$535K
High confidence·Based on 160 waterloo comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

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. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$649,900
330 Phillip Street C533, Waterloo
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