318 Spruce St 1905

Waterloo, N2L 3M7
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318 Spruce St 1905, Waterloo
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
4
ROOMS
X3370220
MLSID
Contact Us
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 3 Years Free Property Management (From Builder) And 1 Parking! Fantastic Location Steps To 2 University
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!
Property Features
Arts Centre, Library, Park, Place Of Worship, Public Transit, School
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain10.01' x 16.21'O/Looks Dining, Large Window, W/O To Balcony
DiningMain10.01' x 16.21'O/Looks Living
KitchenMain8.10' x 9.32'Open Concept, Stainless Steel Appl, Granite Counter
MasterMain9.61' x 12.60'Combined W/Living, 3 Pc Ensuite, Large Window
2nd BrMain10.24' x 11.75'Open Concept, Large Window
Waterloo Market Statistics
Waterloo Price Trend
318 Spruce St 1905 is a 2-bedroom 2-bathroom condo listed for sale at $369,000, which is $115,479 (23.8%) lower than the average sold price of $484,479 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 2 bedroom condo in Waterloo declined by $55,897 (10.3%) compared to the previous 30 day period (February 19 - March 19) and up $29,479 (6.5%) from the same time one year ago.
Inventory Change
There were 27 2-bedroom condos listed in Waterloo over the last 30 days (March 20 - April 18), which is up 3.8% compared with the previous 30 day period (February 19 - March 19) and up 125.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Waterloo typically sold ($14,800) (3.1%) below asking price over the last 30 days (March 20 - April 18), which represents a $6,039 decrease compared to the previous 30 day period (February 19 - March 19) and ($14,000) less 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 20 - April 18) stood at 88.9%, up from 50.0% over the previous 30 days (February 19 - March 19) and down from 91.7% 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 20 - April 18), compared to 32 days before being removed from the market upon being suspended or terminated.
Listing contracted with Theredpin, Brokerage
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