62 Balsam St B505
Waterloo, N2L 3H2
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BEDROOMS2
BATHROOMS1
KITCHENS4
ROOMSX3738206
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Property Description
Vacant Possession Available At Popular Sage 3. Only Steps To Laurier University& A Short Walk To University Of Waterloo. Tenant Now Pays $1550/Month Plus Utilities. Underground Parking Space Is Rented For An Additional $75.00 Per Month For $1,625 Total Rent. Tenant Leaving Or Property Manager Will Find New Tenant.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-04-19 | 2022-04-29 | 10 | $550,000 | $490,000 | Sold |
| 2018-09-25 | 2018-11-15 | 52 | $335,000 | $329,900 | Sold |
Extras
Stainless Steel Fridge, Stove & Built-In Dishwasher. Washer & Dryer. All Window Coverings. All Furniture Is Included! So Easy, Just Sit Back & Collect The Rent.
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,683 (2016)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 9.48' x 15.39' | W/O To Balcony, Open Concept |
| Dining | Main | 5.91' x 11.65' | Granite Counter, B/I Dishwasher, Stainless Steel Appl |
| Kitchen | Main | 10.40' x 12.66' | 4 Pc Ensuite, W/O To Balcony, Closet |
| Den | Main | 10.14' x 11.48' | Window |
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Waterloo Market Statistics
Waterloo Price Trend
62 Balsam St B505 is a 1-bedroom 2-bathroom condo listed for sale at $329,000, which is $166,000 (33.5%) lower than the average sold price of $495,000 in the last 30 days (March 20 - April 18). During the last 30 days the average sold price for a 1 bedroom condo in Waterloo increased by $131,500 (36.2%) compared to the previous 30 day period (February 19 - March 19) and up $45,000 (10.0%) from the same time one year ago.Inventory Change
There were 21 1-bedroom condos listed in Waterloo over the last 30 days (March 20 - April 18), which is down 19.2% compared with the previous 30 day period (February 19 - March 19) and up 23.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Waterloo typically sold ($3,888) (0.8%) below asking price over the last 30 days (March 20 - April 18), which represents a $4,112 increase compared to the previous 30 day period (February 19 - March 19) and ($12,900) 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 20 - April 18) stood at 61.9%, up from 15.4% over the previous 30 days (February 19 - March 19) and up from 41.2% 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 20 - April 18), compared to 72 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Leading Edge Realty Inc., Brokerage
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