318 Spruce St 908
Waterloo, N2L 3M7
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BEDROOMS1
BATHROOMS1
KITCHENS4
ROOMSX3714137
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Property Description
Huge Turnkey Investment Opportunity In Waterloo's Most Luxurious Residential Destination! Currently Rented Out For $995/Month Until Aug 2018, This Fully Furnished 527 Sqft Unit With 43 Sqft Balcony Features High-End Stainless Steel Appliances, 9' Ceilings And Smart Open Concept Floorplan. Just A Short Walk To Laurier & University Of Waterloo. This Location Is In High Demand At An Affordable Price, A Must For Your Long-Term Investment Portfolio!
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Extras
Appliances: Fridge, Stove, B/I Dishwasher, Washer/Dryer, All Elfs & Window Coverings. Please Inquire About Furniture Inclusions.
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Undergrnd
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Waterloo Market Statistics
Waterloo Price Trend
318 Spruce St 908 is a 1-bedroom 1-bathroom condo listed for sale at $279,900, which is $107,100 (27.7%) lower than the average sold price of $387,000 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 1 bedroom condo in Waterloo increased by $2,000 (0.5%) compared to the previous 30 day period (January 28 - February 26) and down $38,000 (8.9%) from the same time one year ago.Inventory Change
There were 31 1-bedroom condos listed in Waterloo over the last 30 days (February 27 - March 27), which is up 93.8% compared with the previous 30 day period (January 28 - February 26) and up 82.4% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Waterloo typically sold ($3,888) (1.0%) below asking price over the last 30 days (February 27 - March 27), which represents a $6,112 increase compared to the previous 30 day period (January 28 - February 26) and ($12,400) 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 27 - March 27) stood at 16.1%, down from 43.8% over the previous 30 days (January 28 - February 26) and down from 41.2% 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 27 - March 27), compared to 39 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Atria Realty Inc., Brokerage
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