275 Larch St 216
Waterloo, N2L 3R2
FOR SALE
$489,999
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BEDROOMS1
BATHROOMS1
KITCHENS3
ROOMSX8315012
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Property Description
Immerse yourself in modern living with this exceptional fully furnished 2 bedroom, 1 bath corner unit in Waterloo, close to the downtown area, the University of Waterloo and Conestoga College. This unit comes with visitor parking, nearby shopping, and exceptionally low maintenance fee. This versatile property caters to investors, professionals, students and those looking for an ideal home.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-06-29 | 2022-07-04 | 7 | $1,950 | $1,950 | Leased |
| 2022-05-30 | 2022-07-06 | 37 | $489,000 | - | Terminated |
Nearby Intersections
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Property Details
Street
City
Property Type
Comm Element Condo, Multi-Level
Approximate Sq.Ft.
500-599
Taxes
$1,999 (2023)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 3.61' x 8.53' | Open Concept, Combined W/Family |
| Family | Main | 3.61' x 8.53' | Open Concept, Combined W/Kitchen, Hardwood Floor |
| Prim Bdrm | Main | 9.51' x 7.87' | Formal Rm, Hardwood Floor, W/O To Balcony |
| 2nd Br | Main | 8.86' x 7.55' | Formal Rm, Hardwood Floor |
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Waterloo Market Statistics
Waterloo Price Trend
275 Larch St 216 is a 2-bedroom 1-bathroom condo listed for sale at $489,999, which is $4,465 (0.9%) lower than the average sold price of $494,464 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom condo in Waterloo declined by $536 (0.1%) compared to the previous 30 day period (March 15 - April 13) and down $46,136 (8.5%) from the same time one year ago.Inventory Change
There were 39 2-bedroom condos listed in Waterloo over the last 30 days (April 14 - May 13), which is up 69.6% compared with the previous 30 day period (March 15 - April 13) and up 85.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Waterloo typically sold ($892) (0.2%) below asking price over the last 30 days (April 14 - May 13), which represents a $14,056 increase compared to the previous 30 day period (March 15 - April 13) and ($8,400) 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 (April 14 - May 13) stood at 35.9%, down from 108.7% over the previous 30 days (March 15 - April 13) and down from 71.4% 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 (April 14 - May 13), compared to 36 days before being removed from the market upon being suspended or terminated.Listing contracted with Red Apple Real Estate Inc.
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