318 Spruce St 1906

Waterloo, N2L 3M7
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318 Spruce St 1906, Waterloo
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
4
ROOMS
X3660724
MLSID
Contact Us
Property Description
Rare High Floor Suite In Waterloo's Brand New Sage 2 Development! 688 Sf Suite With Large Bedroom + Den + 2 Bathrooms With Large 159 Sf Terrace! Amazing North East Facing 1 Bed + Den With Stainless Steel Appliances, Kitchen With Granite Counters, Ensuite Laundry, Modern Fully Furnished With Guaranteed First Year Rental Of $1250/Month. Plus Free Prop Management From Builder Until Aug 2018. Fantastic Location Steps To 2 Universities & Amazing Amenities!
Extras
Steps To University Of Waterloo & Laurier, Inc. Fitness Studio, Study Lounge & Outdoor Terrace! Full Turn Key Investment With Developer Incentives! Great Location & Great Investment! Pic's Artist Rendering.
Property Features
Arts Centre, Library, Park, Place Of Worship, Public Transit, School
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Basement
None
Exterior
Concrete, Metal/Side
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain11.09' x 9.51', W/O To Balcony
KitchenMain8.53' x 9.84'O/Looks Living, Granite Counter, Stainless Steel Appl
MasterMain9.12' x 11.81'Closet, 4 Pc Ensuite, Balcony
DenMain7.61' x 10.10', 4 Pc Ensuite
Waterloo Market Statistics
Waterloo Price Trend
318 Spruce St 1906 is a 1-bedroom 2-bathroom condo listed for sale at $298,888, which is $196,112 (39.6%) lower than the average sold price of $495,000 in the last 30 days (March 25 - April 23). During the last 30 days the average sold price for a 1 bedroom condo in Waterloo increased by $108,000 (27.9%) compared to the previous 30 day period (February 24 - March 24) and up $50,000 (11.2%) from the same time one year ago.
Inventory Change
There were 16 1-bedroom condos listed in Waterloo over the last 30 days (March 25 - April 23), which is down 42.9% compared with the previous 30 day period (February 24 - March 24) and up 6.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Waterloo typically sold ($4,444) (0.9%) below asking price over the last 30 days (March 25 - April 23), which represents a $2,556 increase compared to the previous 30 day period (February 24 - March 24) and ($13,900) 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 (March 25 - April 23) stood at 75.0%, up from 17.9% over the previous 30 days (February 24 - March 24) and up 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 25 - April 23), compared to 72 days before being removed from the market upon being suspended or terminated.
Listing contracted with Theredpin, Brokerage
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