275 Larch St B404
Waterloo, N2L 3R2
FOR SALE
$469,900
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Property Description
Brand New - Never Lived In - Luxe Suite! Welcome to Unit 404 in Building B at 275 Larch Street, Waterloo, within the vibrant community known as The Block and - located right across the street from WLU's Lazaridis Business Building. Ask about Developer incentives! This prime location offers unparalleled convenience, establishing itself as the ultimate Live-Work-Play-Learn space address in Waterloo. Step into luxury with this efficiently designed one-bedroom plus den suite, boasting premier finishes and modern conveniences. Note plank laminate wood flooring, ceramic tile in the bathroom, and five piece appliance package including an in-suite laundry. Oversized windows illuminate the space, complemented by knockdown texture ceilings and granite countertops in both the kitchen and bath. Balcony access from bedroom. The intelligently crafted floor plan showcases an open concept kitchen-living room, providing a seamless flow throughout. The den, with its ample size and window, offers versatility and additional functionality. Developer bonus - all furniture seen is included. As part of this well-appointed Smart community, residents gain access to a robust offering of common amenities: a games room, theatre room, common rooms, business center, gym/yoga room, bicycle storage, and a top-floor terrace scattered throughout the development. The building itself is equipped with water softeners, upgraded elevators, ceramic flooring, high-efficiency lighting, and advanced buzz board/intercom access control and security cameras. Condo fees cover insurance, common amenity utilities, water, cleaning, landscaping/snow removal, private garbage collection, and maintenance, ensuring a worryfree living experience. This community caters to inspired tech professionals, university employees, students seeking a luxurious lifestyle within a hub of modern amenities, or entry-level investors in search of a highquality turnkey opportunity. Embrace the essence of contemporary living at The Block.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-07 | 2024-08-02 | 119 | $479,900 | - | Expired |
| 2023-12-18 | 2024-03-29 | 107 | $479,900 | - | Expired |
| 2023-12-18 | 2024-03-29 | 107 | $479,900 | - | Expired |
Nearby Intersections
Property Features
Park, Place Of Worship, Public Transit, School
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$2,112 (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 |
|---|---|---|---|
| Bathroom | Main | 7.68' x 6.27' | 4 Pc Bath |
| Den | Main | 8.01' x 9.25' | |
| Kitchen | Main | 11.91' x 4.92' | |
| Living | Main | 8.43' x 9.74' | |
| Prim Bdrm | Main | 10.01' x 8.83' |
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Waterloo Market Statistics
Waterloo Price Trend
275 Larch St B404 is a 1-bedroom 1-bathroom condo listed for sale at $469,900, which is $94,900 (25.3%) higher than the average sold price of $375,000 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 1 bedroom condo in Waterloo declined by $115,000 (23.5%) compared to the previous 30 day period (September 24 - October 23) and down $55,666 (12.9%) from the same time one year ago.Inventory Change
There were 16 1-bedroom condos listed in Waterloo over the last 30 days (October 24 - November 22), which is down 30.4% compared with the previous 30 day period (September 24 - October 23) and down 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Waterloo typically sold ($23,950) (6.4%) below asking price over the last 30 days (October 24 - November 22), which represents a $23,950 decrease compared to the previous 30 day period (September 24 - October 23) and ($15,333) 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 (October 24 - November 22) stood at 50.0%, up from 13.0% over the previous 30 days (September 24 - October 23) and up from 16.7% 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 19 days when successfully sold over the last 30 days (October 24 - November 22), compared to 87 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Wolle Realty
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