275 Larch St E H507
Waterloo, N2L 3R2
FOR SALE
$519,000
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Property Description
Amazing Opportunity For Investors And First-Time Home Buyers! Fully Furnished: Beautiful And Well Maintained 2 Bedroom, 2-Bathroom Suite; Steps Away From Wilfrid Laurier University; Modern Interior Colour Schemes; Backsplash And Granite Countertops In Kitchen; Fantastic Layout With Windows In Both Bedrooms; Turn Key Investment Opportunity; Extremely Low Vacancy Rate, Clean, Safe And Quiet Neighborhood. Close To Conestoga College, Waterloo. Transit, & Downtown
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Nearby Intersections
Property Features
Hospital, Place Of Worship, School
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,900 (2024)
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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Waterloo Market Statistics
Waterloo Price Trend
275 Larch St E H507 is a 2-bedroom 2-bathroom condo listed for sale at $519,000, which is $32,463 (6.7%) higher than the average sold price of $486,537 in the last 30 days (March 31 - April 29). During the last 30 days the average sold price for a 2 bedroom condo in Waterloo declined by $54,288 (10.0%) compared to the previous 30 day period (March 1 - March 30) and down $26,900 (5.2%) from the same time one year ago.Inventory Change
There were 37 2-bedroom condos listed in Waterloo over the last 30 days (March 31 - April 29), which is up 117.6% compared with the previous 30 day period (March 1 - March 30) and up 105.6% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Waterloo typically sold ($7,096) (1.5%) below asking price over the last 30 days (March 31 - April 29), which represents a $2,062 increase compared to the previous 30 day period (March 1 - March 30) and ($9,937) 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 (March 31 - April 29) stood at 73.0%, up from 70.6% over the previous 30 days (March 1 - March 30) and down from 88.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Waterloo stood at 31 days when successfully sold over the last 30 days (March 31 - April 29), compared to 29 days before being removed from the market upon being suspended or terminated.Listing contracted with Ipro Realty Ltd
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