318 Spruce St 2303
Waterloo, N2L 3M7
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Property Description
Amazing Investment Opportunity In A Brand New Development - Sage 2 Condos. This Turn Key Investment Offers Luxurious Living Close To Both Wilfred Laurier And University Of Waterloo. Free Furniture Package Included. Lease Guarantee And Property Management Free For One Year!
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Extras
S/S Fridge, Microwave, Built In Dishwasher. Front Load Stacked Washer And Dryer, Electric Cooking And Oven. Complete Furniture Package As Per Plan.
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None (Tbd)
Garage Type
Undergrnd
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 9.25' x 8.50' | |
| Master | Main | 8.63' x 9.84' | |
| Living | Main | 10.76' x 9.58' | |
| Den | Main | 9.74' x 8.17' |
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Waterloo Market Statistics
Waterloo Price Trend
318 Spruce St 2303 is a 1-bedroom 2-bathroom condo listed for sale at $349,900, which is $145,100 (29.3%) lower than the average sold price of $495,000 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 1 bedroom condo in Waterloo increased by $131,500 (36.2%) compared to the previous 30 day period (February 9 - March 9) and up $20,000 (4.2%) from the same time one year ago.Inventory Change
There were 28 1-bedroom condos listed in Waterloo over the last 30 days (March 10 - April 8), which is up 40.0% compared with the previous 30 day period (February 9 - March 9) and up 86.7% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Waterloo typically sold ($3,888) (0.8%) below asking price over the last 30 days (March 10 - April 8), which represents a $4,112 increase compared to the previous 30 day period (February 9 - March 9) and ($16,950) 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 (March 10 - April 8) stood at 39.3%, up from 30.0% over the previous 30 days (February 9 - March 9) and down from 53.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Waterloo stood at 13 days when successfully sold over the last 30 days (March 10 - April 8), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Harvey Kalles Real Estate Ltd., Brokerage
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