318 Spruce St 1601
Waterloo, N2L 3M7
FOR SALE
$475,000
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BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSX8304752
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Property Description
A Comfortable One Bedroom + Den unit. Located steps from University of Waterloo and Laurier. It has 1.5 bathrooms with 5 piece appliances and in-suite Laundry. One car parking space underground. Condo fees include heat, water and Internet. Amenities include fitness center/ bike storage/ rooftop terrace. Filled with natural light from balcony. Don't miss out on this high floor unit that can view of uptown Waterloo right outside your window. Unit is vacant for quick move in. Building in close to University of Waterloo and Laurier. It has an Ensuite bathroom(privacy) and a guest (half bath) bathroom. Underground parking and in-suite Laundry.
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Nearby Intersections
King & University (128)
Property Features
Library, Park, Public Transit, School
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Property Details
Street
City
Property Type
Condo Apt, Multi-Level
Approximate Sq.Ft.
600-699
Taxes
$3,456 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (B)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Flat | 10.73' x 13.58' | 4 Pc Ensuite, Laminate, Large Closet |
| Den | Flat | 8.07' x 9.48' | Laminate |
| Kitchen | Flat | 8.60' x 11.15' | B/I Dishwasher, B/I Microwave, Laminate |
| Living | Flat | 10.01' x 11.81' | W/O To Balcony, Open Concept, Laminate |
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Waterloo Market Statistics
Waterloo Price Trend
318 Spruce St 1601 is a 1-bedroom 2-bathroom condo listed for sale at $475,000, which is $47,223 (11.0%) higher than the average sold price of $427,777 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 1 bedroom condo in Waterloo declined by $67,223 (13.6%) compared to the previous 30 day period (March 15 - April 13) and down $34,973 (7.6%) from the same time one year ago.Inventory Change
There were 27 1-bedroom condos listed in Waterloo over the last 30 days (April 14 - May 13), which is up 12.5% compared with the previous 30 day period (March 15 - April 13) and up 28.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Waterloo typically sold ($12,977) (3.0%) below asking price over the last 30 days (April 14 - May 13), which represents a $9,089 decrease compared to the previous 30 day period (March 15 - April 13) and ($9,575) 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 (April 14 - May 13) stood at 33.3%, down from 45.8% over the previous 30 days (March 15 - April 13) and down from 38.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Waterloo stood at 47 days when successfully sold over the last 30 days (April 14 - May 13), compared to 70 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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