257 Hemlock St 524
Waterloo, N2L 0K2
FOR SALE
$474,999
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2
BEDROOMS1
BATHROOMS1
KITCHENS4
ROOMSX9250968
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Property Description
WELCOME TO THIS CHARMING 2 BEDROOM 1 BATH CONDO IN NEARLY BRAND NEW CONDITION LOCATED IN A HIGHLY CONVENIENT AREA IN WATERLOO ! STEPS AWAY FROM LAURIER UNIVERSITY , UNIVERSITY OF WATERLOO, MAJOR BANKS, SHOPS ETC.THIS UNIT FEATURES A MODERN OPEN CONCEPT LIVING SPACE WITH HIGHLY MODERN AND SOPHISTICATED LAMINATE FLOORING THROUGH OUT. THE LIVING ROOM EXTENDS TO A PRIVATE BALCONY PERFECT FOR RLAXING OR ENJOYING YOUR MORNING COFFEE!! THE BATHROOM IS EQUIPPED WITH CONTEMPORARY FIXTURES AND FINISHES. CONDO HAS ENSUITE LAUNDRY FOR CONVENIENCE. KITCHEN HAS UPGRADED COUNTERS, HIGHEND APPLIANCES AND SLEEK CABINETS FOR EXTRA STORAGE . BOTH BEDROOMS ARE GOOD SIZE EQUIPED WITH MODERN CLOSETS. OVERALL THIS CONDO IS A PERFECT BLEND OF COMFORT AND ACCESSIBILITY IN A PRIME LOCATION.THIS CONDO IS IDEAL FOR THOSE WHO WANT A YEAR ROUND RENTAL INCOME OR FOR PARENTS WHO HAVE KIDS IN UNIVERSITIES AND ARE LOOKING THEIR OWN ACCOMODATION NEAR BY. THIS UNIT IS COMING AS FURNISHED. SHOW WITH CONFIDENCE!! THANKS.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-20 | 2024-04-26 | 37 | $2,200 | $2,150 | Leased |
Extras
SAFE LOCATION, COVENIENT FOR UNIVERSITY STUDENTS, ENOUGH PARKING AT THE REAR OF THE BUILDING. Bonus, Building has own Gym, Small Party Hall and Students study room .free Internet is available.
Nearby Intersections
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,130 (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
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 10.01' x 6.10' | Granite Counter |
| Br | Main | 10.01' x 10.01' | Laminate, B/I Closet |
| 2nd Br | Main | 10.01' x 10.01' | Laminate, B/I Closet |
| Living | Main | 10.01' x 12.01' | Laminate, Balcony |
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Waterloo Market Statistics
Waterloo Price Trend
257 Hemlock St 524 is a 2-bedroom 1-bathroom condo listed for sale at $474,999, which is $13,001 (2.7%) lower than the average sold price of $488,000 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom condo in Waterloo declined by $12,500 (2.5%) compared to the previous 30 day period (July 17 - August 15) and down $19,000 (3.7%) from the same time one year ago.Inventory Change
There were 26 2-bedroom condos listed in Waterloo over the last 30 days (August 16 - September 14), which is down 3.7% compared with the previous 30 day period (July 17 - August 15) and up 30.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Waterloo typically sold ($14,286) (2.9%) below asking price over the last 30 days (August 16 - September 14), which represents a $214 increase compared to the previous 30 day period (July 17 - August 15) and ($8,000) 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 (August 16 - September 14) stood at 26.9%, down from 44.4% over the previous 30 days (July 17 - August 15) and down from 65.0% 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 26 days when successfully sold over the last 30 days (August 16 - September 14), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Miracle Realty Ltd
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