257 Hemlock St 618
Waterloo, N2L 3R4
FOR SALE
$369,000
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BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSX9242091
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Property Description
Welcome to Sage X Condos, a quiet building near the Waterloo and Laurier Universities and Conestoga College, with easy walking to groceries, library, restaurants and public transportation.This freshly painted, clean, well cared for and maintained 529 sq ft. unit is one of the larger units in the building. It provides a properly enclosed bedroom, a den/office, and a living room. The in-suite laundry is conveniently tucked away, making the unit comfortable, spacious, and organized. The floor-to-ceiling windows fill the bedroom and living room with the afternoon sun.The kitchen boast four SS appliance with a double sink for easy meal prepping. Granite counters and lacquered cabinets provide durability and facilitate easy clean-up. Common areas include a lounge, study room, gym, large rooftop, and visitor parking.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-04-06 | 2021-04-28 | 22 | $379,000 | $375,000 | Sold |
| 2021-03-09 | 2021-04-05 | 27 | $395,000 | - | Terminated |
| 2020-01-20 | 2020-01-30 | 10 | $342,990 | $325,000 | Sold |
| 2019-09-13 | 2020-01-17 | 126 | $342,990 | - | Expired |
| 2019-06-06 | 2019-09-03 | 89 | $349,990 | - | Expired |
Extras
Great investment with a working professional Tenant will continue to rent the unit for a 2nd year. It currently rents for $2,000 until August 2025. Buyer agrees to assume the current Tenant.
Nearby Intersections
Property Features
Arts Centre, Clear View, Hospital, Library, Park, Place Of Worship
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,761 (2024)
Basement
None
Exterior
Brick, 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 |
|---|---|---|---|
| Den | Main | 6.56' x 7.19' | |
| Kitchen | Main | 5.48' x 13.78' | |
| Living | Main | 13.12' x 8.79' | |
| Dining | Main | 13.12' x 8.79' | |
| Prim Bdrm | Main | 13.98' x 8.79' |
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Waterloo Market Statistics
Waterloo Price Trend
257 Hemlock St 618 is a 1-bedroom 1-bathroom condo listed for sale at $369,000, which is $49,000 (15.3%) higher than the average sold price of $320,000 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 1 bedroom condo in Waterloo declined by $68,000 (17.5%) compared to the previous 30 day period (July 17 - August 15) and down $185,000 (36.6%) from the same time one year ago.Inventory Change
There were 33 1-bedroom condos listed in Waterloo over the last 30 days (August 16 - September 14), which is up 57.1% compared with the previous 30 day period (July 17 - August 15) and up 73.7% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Waterloo typically sold ($29,999) (9.4%) below asking price over the last 30 days (August 16 - September 14), which represents a $14,110 decrease compared to the previous 30 day period (July 17 - August 15) 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 16 - September 14) stood at 39.4%, down from 81.0% over the previous 30 days (July 17 - August 15) 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 1-bathroom condo in Waterloo stood at 11 days when successfully sold over the last 30 days (August 16 - September 14), compared to 98 days before being removed from the market upon being suspended or terminated.Listing contracted with Ipro Realty Ltd
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