257 Hemlock St W 314

Waterloo, N2L 3R4
FOR SALE
$465,000
257 Hemlock St W 314, Waterloo
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
257 Hemlock St W 314
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
X9343423
MLSID
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Property Description
Welcome to this fully furnished delightful 2-bedroom, 1-bath condo in nearly new condition, perfectly situated in the heart of Waterloo! Just steps away from Laurier University, The University of Waterloo, major banks, and shopping, this unit offers unparalleled convenience. Inside you'll find a modern, open-concept living space with sophisticated laminate flooring throughout. The living room opens onto a private balcony, ideal for relaxing or enjoying the fresh breeze. The condo also includes the convenience of ensuite laundry. The kitchen boasts upgraded countertops, high-end appliances, and sleek cabinets for extra storage. Both bedrooms are generously sized with modern closets. This condo is a perfect mix of comfort and accessibility. Great potential for year-round rental income. Current Tenant paying $2100 on one Year Lease Contract.
Extras
Convenient Location- walking distance to Laurier University, Close to all amentities & public transport, Visitor parking at the rear of building, Gym and Exercise room, Party room in the building.
Nearby Intersections
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,228 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain10.07' x 13.09'Laminate, Combined W/Dining, Balcony
DiningMain10.07' x 13.09'Laminate, Combined W/Living, Balcony
KitchenMain6.30' x 9.48'Stainless Steel Appl, Combined W/Dining, Granite Counter
BrMain10.17' x 10.89'Large Window, Double Closet, Laminate
2nd BrMain7.09' x 10.27'Large Window, Closet, Laminate
BathroomMain4.07' x 7.28'
Waterloo Market Statistics
Waterloo Price Trend
257 Hemlock St W 314 is a 2-bedroom 1-bathroom condo listed for sale at $465,000, which is $51,363 (9.9%) 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 1-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 Royal Lepage Certified Realty
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