318 Spruce St 1104
Waterloo, N2L 3M7
FOR SALE
$395,000
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Property Description
Perfect well kept unit for first time home buyers or investors!! Very close to the university of Waterloo, wilfred Laurier Universityand Conestoga College. This unit located on the 11th floor comes furnished with 1 double bed W/ double mattress, 2 bedside tables, 1 bar stool, loveseat, armchair, media unit, TV, desk & chair and coffee table. Ready for you or your tenants to move in. Unit provides a breathtaking view from the balcony. Modern finishes with granite countertops, S/S appliances, and much more. Unit is Vacant for easy showing!
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Extras
Close to all amenities: Walterloo University, Wilfred Laurier University & Conestoga College, All trendy shops & restaurants at your doorstep.
Nearby Intersections
King & University (123)
Property Features
Library, Park, Public Transit, Rec Centre, School, School Bus Route
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,830 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.50' x 16.34' | W/O To Balcony, Laminate, Open Concept |
| Kitchen | Flat | 29.20' x 31.50' | Granite Counter, Stainless Steel Appl, Combined W/Living |
| Prim Bdrm | Flat | 34.12' x 38.39' | Large Window, Laminate, Closet |
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Waterloo Market Statistics
Waterloo Price Trend
318 Spruce St 1104 is a 1-bedroom 1-bathroom condo listed for sale at $395,000, which is $75,000 (23.4%) higher than the average sold price of $320,000 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 1 bedroom condo in Waterloo declined by $64,000 (16.7%) compared to the previous 30 day period (July 20 - August 18) and down $168,500 (34.5%) from the same time one year ago.Inventory Change
There were 31 1-bedroom condos listed in Waterloo over the last 30 days (August 19 - September 17), which is up 34.8% compared with the previous 30 day period (July 20 - August 18) and up 106.7% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Waterloo typically sold ($29,999) (9.4%) below asking price over the last 30 days (August 19 - September 17), which represents a $13,355 decrease compared to the previous 30 day period (July 20 - August 18) and ($7,400) 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 19 - September 17) stood at 38.7%, down from 69.6% over the previous 30 days (July 20 - August 18) and down from 40.0% 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 19 - September 17), compared to 113 days before being removed from the market upon being suspended or terminated.Listing contracted with Pontis Realty Inc.
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