188 King Street South St S 402
Waterloo, N2J 0C6
FOR SALE
$550,000
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BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSX9180811
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Property Description
Spacious 1 bedroom and a den suite available for sale at the RED. It is in a charming low-rise boutique building nestled in the heart of vibrant Uptown Waterloo. Steps to restaurants, shopping, entertainment, all amenities, and directly on the LRT Route including the Iron Horse Trail. Over 1,000 square feet, this spacious unit features one oversized bedroom with his and hers closets. The kitchen boasts granite countertops and stainless-steel appliances. The open concept living & dining room have access to the balcony. It has 2 full bathrooms, and the den can be used as an office space.
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Extras
Existing fridge, stove, dishwasher, OTR microwave, ensuite washer & dryer + window coverings. 24 Hours notice required.
Property Features
Electric Car Charger, Hospital, Park, Place Of Worship, Public Transit, School
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$4,696 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Common
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 13.25' x 17.42' | Combined W/Dining, Laminate, W/O To Balcony |
| Dining | Flat | 13.25' x 17.42' | Combined W/Living, Laminate, Open Concept |
| Kitchen | Flat | 9.09' x 8.89' | Stainless Steel Appl, Granite Counter |
| Prim Bdrm | Flat | 18.57' x 10.43' | 4 Pc Ensuite, Laminate, His/Hers Closets |
| Den | Flat | 7.97' x 9.58' | Laminate |
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Waterloo Market Statistics
Waterloo Price Trend
188 King Street South St S 402 is a 1-bedroom 2-bathroom condo listed for sale at $550,000, which is $230,000 (71.9%) higher than the average sold price of $320,000 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 1 bedroom condo in Waterloo declined by $70,000 (17.9%) compared to the previous 30 day period (July 9 - August 7) and down $152,000 (32.2%) from the same time one year ago.Inventory Change
There were 23 1-bedroom condos listed in Waterloo over the last 30 days (August 8 - September 6), which is down 4.2% compared with the previous 30 day period (July 9 - August 7) and up 21.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Waterloo typically sold ($29,999) (9.4%) below asking price over the last 30 days (August 8 - September 6), which represents a $21,299 decrease compared to the previous 30 day period (July 9 - August 7) 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 8 - September 6) stood at 65.2%, down from 66.7% over the previous 30 days (July 9 - August 7) 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 2-bathroom condo in Waterloo stood at 11 days when successfully sold over the last 30 days (August 8 - September 6), compared to 104 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Metropolis Realty
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