318 Spruce St 1409

Waterloo, N2L 0E9
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318 Spruce St 1409, Waterloo
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
3
ROOMS
X4072336
MLSID
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Property Description
Just Steps To Waterloo & Wilfred Laurier University. Huge Turn Key Opportunity In Waterloo. Luxurious Residential Destination. Currently Rented Until Aug 2019. This Unit Features High End Stainless Steel Appliances, 11' Ceilings & Smart Open Concept Floor Plan. High Floor (14th) With Exposure To The West. Beautiful View From The Balcony. Suitable For Students, Young Professionals & Investors.
Extras
S/S Fridge & Stove,Washer & Dryer.All Elf's & Window Coverings. Please Inquire About Furniture Inclusions.
Property Features
Park, Public Transit
Property Details
Street
Property Type
Condo Apt, Multi-Level
Approximate Sq.Ft.
500-599
Taxes
$2,435 (2017)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Parking 2
None
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain11.22' x 10.07'Open Concept, W/O To Balcony
KitchenMain7.02' x 8.56'Granite Counter, Stainless Steel Appl, Breakfast Bar
BrMain8.99' x 10.17'Large Window, Laminate, Double Closet
Waterloo Market Statistics
Waterloo Price Trend
318 Spruce St 1409 is a 1-bedroom 1-bathroom condo listed for sale at $269,000, which is $118,000 (30.5%) 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 Homelife Silvercity Realty Inc., Brokerage
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