275 Sunview St
Waterloo, N2L 3V8
FOR SALE
$950,000
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Property Description
(H)RN-6 zoning, one of the last available development sites with this size of area square footage on two lots combined(273 and 275 Sunview). Located in what is commonly referred to as the "Golden Area" for student housing. Ideally located between both WLU and UofW, its more convenient to walk to school than drive. With the City of Waterloo recently being more receptive to increased density and lower parking requirements this is an excellent opportunity.
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Nearby Intersections
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Property Details
Street
City
Property Type
Detached, Bungalow
Lot Size
60' x 156'
Fronting
West
Taxes
$5,815 (2024)
Basement
Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Private
Garage Type
None
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Waterloo Market Statistics
Waterloo Price Trend
275 Sunview St is a 3-bedroom 1-bathroom home listed for sale at $950,000, which is $138,500 (17.1%) higher than the average sold price of $811,500 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 3 bedroom home in Waterloo increased by $38,286 (5.0%) compared to the previous 30 day period (July 20 - August 18) and down $14,026 (1.7%) from the same time one year ago.Inventory Change
There were 25 3-bedroom homes listed in Waterloo over the last 30 days (August 19 - September 17), which is up 8.7% compared with the previous 30 day period (July 20 - August 18) and up 13.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Waterloo typically sold $23,981 (3.0%) above asking price over the last 30 days (August 19 - September 17), which represents a $10,246 increase compared to the previous 30 day period (July 20 - August 18) and $2,994 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 3-bedroom homes in Waterloo over the last 30 days (August 19 - September 17) stood at 76.0%, up from 60.9% over the previous 30 days (July 20 - August 18) and down from 86.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Waterloo stood at 12 days when successfully sold over the last 30 days (August 19 - September 17), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc.
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