128 King St N 1609
Waterloo, N2J 0E9
FOR SALE
$485,000
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Property Description
Attention first-time home buyers , students and investors! Prime location in the heart of Waterloo minutes to Laurier and Waterloo University, public transit just steps away, parks, restaurants and more. Spacious one-bedroom, one-bathroom layout with a large open yet private sprawling balcony. Unit boasts an open concept kitchen with upgraded quartz countertops and stainless steel appliances. 9-foot ceilings throughout adds a spacious feel. Bedroom includes a walkout to the private balcony and ensuite laundry . Ideal for those seeking modern living in a vibrant urban setting. One year new!!!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-30 | 2024-09-11 | 12 | $2,000 | $1,950 | Leased |
| 2024-04-03 | 2024-06-24 | 82 | $499,900 | - | Terminated |
| 2022-03-28 | 2022-05-30 | 63 | $420,000 | $416,000 | Sold |
Extras
Amenities include 24-hour security surveillance, party room, fitness room, yoga studio, green roof, and outside terrace.
Nearby Intersections
King & University (122)
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,902 (2023)
Basement
None
Exterior
Concrete, Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Flat | 24.41' x 10.01' | Combined W/Living, Open Concept |
| Living | Flat | 24.41' x 10.01' | Combined W/Dining, Open Concept |
| Br | Flat | 8.01' x 9.91' |
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Waterloo Market Statistics
Waterloo Price Trend
128 King St N 1609 is a 1-bedroom 1-bathroom condo listed for sale at $485,000, which is $165,000 (51.6%) higher than the average sold price of $320,000 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 1 bedroom condo in Waterloo declined by $68,000 (17.5%) compared to the previous 30 day period (July 17 - August 15) and down $185,000 (36.6%) from the same time one year ago.Inventory Change
There were 33 1-bedroom condos listed in Waterloo over the last 30 days (August 16 - September 14), which is up 57.1% compared with the previous 30 day period (July 17 - August 15) and up 73.7% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Waterloo typically sold ($29,999) (9.4%) below asking price over the last 30 days (August 16 - September 14), which represents a $14,110 decrease compared to the previous 30 day period (July 17 - August 15) and ($4,900) 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 1-bedroom condos in Waterloo over the last 30 days (August 16 - September 14) stood at 39.4%, down from 81.0% over the previous 30 days (July 17 - August 15) and up from 26.3% 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 11 days when successfully sold over the last 30 days (August 16 - September 14), compared to 98 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Your Community Realty
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