318 Spruce St 2106
Waterloo, N2L 0E9
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ROOMSX4101550
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Property Description
This Stunning 3 Bedroom Corner Suite Is Located In One Of Waterloo's Most Sought After Buildings. The Gorgeous High Floor Unit Is The Largest In The Building And Boasts Over 1100Sqft With An Additional 700Sqft Of Private Rooftop Terrace -- Imagine The Fun You Can Have Here! In Addition To The Large Master Bedroom With Walk In Closet And Ensuite, There Are 2 Additional Sizeable Bedrooms. Rented For $2300/Mnth Until August 2019.
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Extras
Buyer To Assume Tenants. Amazing Rental Income Of $2,300 Until August 2019. Extremely Rare 3 Bedroom Unit With An Amazing Private Rooftop Terrace. All Landlord Furniture And Appliances Including 50" Television Included In Purchase Price.
Property Features
Clear View, Public Transit, School
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$3,609 (2018)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Surface
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Waterloo Market Statistics
Waterloo Price Trend
318 Spruce St 2106 is a 3-bedroom 2-bathroom condo listed for sale at $520,000, which is $7,000 (1.3%) lower than the average sold price of $527,000 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 3 bedroom condo in Waterloo increased by $167,000 (46.4%) compared to the previous 30 day period (February 26 - March 26) and down $108,000 (17.0%) from the same time one year ago.Inventory Change
There were 5 3-bedroom condos listed in Waterloo over the last 30 days (March 27 - April 25), which is up 66.7% compared with the previous 30 day period (February 26 - March 26) and up ∞ compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Waterloo typically sold ($14,500) (2.8%) below asking price over the last 30 days (March 27 - April 25), which represents a $14,500 decrease compared to the previous 30 day period (February 26 - March 26) and ($64,000) 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 3-bedroom condos in Waterloo over the last 30 days (March 27 - April 25) stood at 40.0%, up from 33.3% over the previous 30 days (February 26 - March 26) and down from ∞ one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in Waterloo stood at 57 days when successfully sold over the last 30 days (March 27 - April 25), compared to 0 days before being removed from the market upon being suspended or terminated.Listing contracted with Blue Elephant Realty Inc., Brokerage
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