223 Erb St W 501

Waterloo, N2L 0B3
FOR SALE
$608,000
223 Erb St W 501, Waterloo
223 Erb St W 501
223 Erb St W 501
223 Erb St W 501
223 Erb St W 501
223 Erb St W 501
223 Erb St W 501
223 Erb St W 501
223 Erb St W 501
223 Erb St W 501
223 Erb St W 501
223 Erb St W 501
223 Erb St W 501
223 Erb St W 501
223 Erb St W 501
223 Erb St W 501
223 Erb St W 501
223 Erb St W 501
223 Erb St W 501
223 Erb St W 501
223 Erb St W 501
223 Erb St W 501
223 Erb St W 501
223 Erb St W 501
223 Erb St W 501
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2 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
7
ROOMS
X9055909
MLSID
Contact Us
Property Description
Uptown living at its best! Whether you are downsizing to a low property maintenance lifestyle or starting your studies at one of Waterloo's prestigious universities, the luxurious Westmount Grand will be a great fit. This rarely offered two-bedroom, two-bathroom + den corner unit features 1351 sq ft of functional space and 9 foot ceilings throughout. Bright, modern, sun-filled with contemporary finishes from top to bottom, back to front. Spacious kitchen with island, granite countertops, ample cabinet and counter space. Oversized windows in every room that let the light in and the views are incredible from every one of them. Master bedroom with ensuite and tons of closet space, extra large bathroom with glass shower, double sink, and smart toilet. Relax on the large, covered balcony with ample space for outdoor furniture. 1 Parking and locker included
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-16 2024-08-30 14 $3,000 - Suspended
2024-05-19 2024-07-19 61 $608,000 - Expired
2023-08-26 2023-09-01 6 $3,000 - Suspended
Extras
Top notch amenities including an opulent communal lounge/ library with a grand piano, fitness studio, sauna, hotel-like mens and ladies change room, and rooftop patio equipped with BBQ and an indoor party room.
Property Features
Clear View, Golf, Hospital, Park, Public Transit, School
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$4,636 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned
Garage Type
Underground
Waterloo Market Statistics
Waterloo Price Trend
223 Erb St W 501 is a 2-bedroom 2-bathroom condo listed for sale at $608,000, which is $116,500 (23.7%) higher than the average sold price of $491,500 in the last 30 days (August 8 - September 6). During the last 30 days the average sold price for a 2 bedroom condo in Waterloo increased by $1,500 (0.3%) compared to the previous 30 day period (July 9 - August 7) and down $7,500 (1.5%) from the same time one year ago.
Inventory Change
There were 17 2-bedroom condos listed in Waterloo over the last 30 days (August 8 - September 6), which is down 39.3% compared with the previous 30 day period (July 9 - August 7) and down 5.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Waterloo typically sold $8,407 (1.7%) above asking price over the last 30 days (August 8 - September 6), which represents a $22,407 increase compared to the previous 30 day period (July 9 - August 7) and ($9,900) 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 2-bedroom condos in Waterloo over the last 30 days (August 8 - September 6) stood at 47.1%, up from 46.4% over the previous 30 days (July 9 - August 7) and down from 72.2% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Waterloo stood at 25 days when successfully sold over the last 30 days (August 8 - September 6), compared to 54 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Landmark Realty Inc.
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