251 Hemlock St 516
Waterloo, N2L 3R4
FOR SALE
$509,000
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BEDROOMS2
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Property Description
Welcome to SAGE 6 at 251 Hemlock Street! Located w/in Quick Walking Distance to the Universities Of Waterloo & Wilfrid Laurier! Perfect for the Savvy Investor or End User to Start Planning now for your Child's Post Secondary School Residency. Beautiful & Super Clean 2 Bedroom, 2 Full Baths. Comes Furnished from Builder. Open Concept Bright Spacious Living Room w/Walkout to Large Balcony. Gorgeous Kitchen with Granite Counters, Stainless Steel Appliances and Large Breakfast Island. Enjoy the Convenience Of In-Suite Laundry! Currently Leased for $2,450/month Including Parking until April 30, 2025. Tenants pay for Hydro Utility. Conveniently Located Close To Waterloo Park, Endless Restaurants, Uptown Waterloo, Conestoga Mall, LRT Station & More!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2020-07-17 | 2020-09-18 | 63 | $395,000 | $385,000 | Sold |
Extras
Stainless Steel Fridge, Stove, Dishwasher And Microwave. Washer & Dryer. All Elfs & Window Coverings.
Nearby Intersections
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,812 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None (0)
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Flat | 9.19' x 14.76' | Laminate, W/O To Balcony, Open Concept |
Kitchen | Flat | 9.32' x 9.78' | Ceramic Floor, Granite Counter, Stainless Steel Appl |
Prim Bdrm | Flat | 9.19' x 18.86' | Laminate, 4 Pc Ensuite, Closet |
2nd Br | Flat | 9.06' x 12.99' | Laminate, W/O To Balcony, Double Closet |
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Waterloo Market Statistics
Waterloo Price Trend
251 Hemlock St 516 is a 2-bedroom 2-bathroom condo listed for sale at $509,000, which is $7,363 (1.4%) lower than the average sold price of $516,363 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 2 bedroom condo in Waterloo declined by $28,637 (5.3%) compared to the previous 30 day period (September 24 - October 23) and up $23,919 (4.9%) from the same time one year ago.Inventory Change
There were 26 2-bedroom condos listed in Waterloo over the last 30 days (October 24 - November 22), which is up 36.8% compared with the previous 30 day period (September 24 - October 23) and up 73.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Waterloo typically sold ($19,036) (3.7%) below asking price over the last 30 days (October 24 - November 22), which represents a $4,136 decrease compared to the previous 30 day period (September 24 - October 23) and ($13,055) 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 2-bedroom condos in Waterloo over the last 30 days (October 24 - November 22) stood at 42.3%, up from 21.1% over the previous 30 days (September 24 - October 23) and down from 60.0% 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 44 days when successfully sold over the last 30 days (October 24 - November 22), compared to 90 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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