280 Lester St 701

Cambridge, N2L 4W5
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280 Lester St 701, Cambridge
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
X4252548
MLSID
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Property Description
Great Investment Opportunity In Sage 5 Waterloo,One Bedroom,+ Balcony. 5 Minutes Walk To University Of Waterloo & Wilfred Laurier , Suite Will Be Completed With Furniture & Appliances Plus Tv. Very Clean And Move In Ready!!! Ideal To Own Or Invest.
Extras
Fridge,Stove , B/I Dishwasher . Microwave Range Hood, Washer & Dryer,Tv . Maintenance Approx 0.25Sqft.
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,520 (2018)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat10.07' x 9.58'Combined W/Dining, Hardwood Floor, W/O To Balcony
DiningFlat10.07' x 9.58'Combined W/Living, Hardwood Floor, Open Concept
KitchenFlat14.37' x 9.58'Granite Counter, Ceramic Back Splash, Stainless Steel Appl
BrFlat14.44' x 8.07'Closet, Hardwood Floor, W/O To Balcony
Cambridge Market Statistics
Cambridge Price Trend
280 Lester St 701 is a 1-bedroom 1-bathroom condo listed for sale at $288,000, which is $122,000 (29.8%) lower than the average sold price of $410,000 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 1 bedroom condo in Cambridge declined by $76,450 (15.7%) compared to the previous 30 day period (January 28 - February 26) and down $40,000 (8.9%) from the same time one year ago.
Inventory Change
There were 1 1-bedroom condos listed in Cambridge over the last 30 days (February 27 - March 27), which is down 83.3% compared with the previous 30 day period (January 28 - February 26) and down 50.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Cambridge typically sold ($9,000) (2.2%) below asking price over the last 30 days (February 27 - March 27), which represents a $10,550 decrease compared to the previous 30 day period (January 28 - February 26) and $0 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Cambridge over the last 30 days (February 27 - March 27) stood at 300.0%, up from 33.3% over the previous 30 days (January 28 - February 26) and up from 250.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Cambridge stood at 33 days when successfully sold over the last 30 days (February 27 - March 27), compared to 44 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Silvercity Realty Inc., Brokerage
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