280 Lester St 701

Waterloo, N2L 3W5
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280 Lester St 701, Waterloo
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
X3901737
MLSID
Contact Us
Property Description
Welcome To Sage 5!!! Amazing Location Which Is Walking Distance To University Of Waterloo And Wilfred Laurier University. Luxurious Condominium Residence Along With Property Management. Suite Is Fully Furnished. Great Opportunity For Investors Or Parents Of Students. Property Tax Has Not Been Assessed Yet..
Listing History
List Date End Date Days Listed List Price Sold Price Status
2018-11-02 2018-12-11 39 $264,999 $259,500 Sold
Extras
Existing Elfs, Stainless Steele Appliances (Fridge, Stove, Dishwasher). White Stackable Washer And Dryer.
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Undergrnd
Waterloo Market Statistics
Waterloo Price Trend
280 Lester St 701 is a 1-bedroom 1-bathroom condo listed for sale at $309,000, which is $78,000 (20.2%) lower than the average sold price of $387,000 in the last 30 days (February 28 - March 28). During the last 30 days the average sold price for a 1 bedroom condo in Waterloo increased by $2,000 (0.5%) compared to the previous 30 day period (January 29 - February 27) and down $38,000 (8.9%) from the same time one year ago.
Inventory Change
There were 30 1-bedroom condos listed in Waterloo over the last 30 days (February 28 - March 28), which is up 76.5% compared with the previous 30 day period (January 29 - February 27) and up 66.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Waterloo typically sold ($3,888) (1.0%) below asking price over the last 30 days (February 28 - March 28), which represents a $6,112 increase compared to the previous 30 day period (January 29 - February 27) and ($14,900) more 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 Waterloo over the last 30 days (February 28 - March 28) stood at 16.7%, down from 41.2% over the previous 30 days (January 29 - February 27) and down from 38.9% 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 Waterloo stood at 12 days when successfully sold over the last 30 days (February 28 - March 28), compared to 39 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Legacy Ltd., Brokerage
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