318 Spruce St 1905
Waterloo, N2L 3M7
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2
BEDROOMS2
BATHROOMS1
KITCHENS4
ROOMSX3685389
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Property Description
Rare High Floor Corner Suite In Waterloo's Brand New Sage 2 Development! 957 Sf Suite With 2 Large Bedrooms & 2 Full Bathrooms With 60 Sf Terrace! Amazing North East Facing Split Bedroom Floor Plan With Stainless Steel Appliances, Kitchen With Granite Counters, Ensuite Laundry, Modernly Fully Furnished With Guaranteed First Year Rental Of $1650/Month Plus Free Prop Management From Builder Until Aug 2018 And 1 Parking! Fantastic Location Steps To 2 University
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Extras
Steps To University Of Waterloo & Laurier With Fitness Studio, Study Lounge, Outdoor Terrace & Cafe! Full Turn Key Investment With Great Developer Incentives And Close To All Amenities! Great Location & Great Investment!
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Property Details
Street
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
900-999
Basement
None
Exterior
Metal/Side
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
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Waterloo Market Statistics
Waterloo Price Trend
318 Spruce St 1905 is a 2-bedroom 2-bathroom condo listed for sale at $379,000, which is $108,788 (22.3%) lower than the average sold price of $487,788 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 2 bedroom condo in Waterloo declined by $21,787 (4.3%) compared to the previous 30 day period (February 26 - March 26) and down $23,640 (4.6%) from the same time one year ago.Inventory Change
There were 32 2-bedroom condos listed in Waterloo over the last 30 days (March 27 - April 25), which is up 45.5% compared with the previous 30 day period (February 26 - March 26) and up 100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Waterloo typically sold ($6,250) (1.3%) below asking price over the last 30 days (March 27 - April 25), which represents a $3,325 increase compared to the previous 30 day period (February 26 - March 26) and ($13,642) 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 2-bedroom condos in Waterloo over the last 30 days (March 27 - April 25) stood at 81.2%, up from 54.5% over the previous 30 days (February 26 - March 26) and down from 87.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Waterloo stood at 32 days when successfully sold over the last 30 days (March 27 - April 25), compared to 25 days before being removed from the market upon being suspended or terminated.Listing contracted with Theredpin, Brokerage
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