321 Spruce St 505
Waterloo, N2L 3M6
FOR SALE
$299,000

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1 + 1
BEDROOMS1
BATHROOMS1
KITCHENS4 + 1
ROOMSX11995810
MLSIDContact Us
Property Description
Spacious 1+1 Unit, 618 Sq.Ft., Large Den Can Be Used As 2nd Bedroom. Amazing investment or self use opportunity, Fully Furnished ! Ready to move in. Walking distance to Laurier University, Waterloo University, Conestoga College. Keyless Door entry, Weekly Cleaning included in Maintenance Fee ! Which Make The Unit Easy To Lease Out At Higher Rent or self use.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-09-23 | 2024-12-04 | 72 | $309,000 | - | Terminated |
2024-05-01 | 2024-08-31 | 122 | $360,000 | - | Expired |
2023-08-18 | 2024-04-30 | 257 | $398,000 | - | Expired |
Nearby Intersections
King & University (74)
Property Features
Public Transit, School
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,245 (2024)
Basement
None
Exterior
Concrete
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 |
---|---|---|---|
Living | Flat | 11.25' x 12.14' | Laminate, Large Window, Combined W/Dining |
Dining | Flat | 11.25' x 12.14' | Laminate, Combined W/Living |
Kitchen | Flat | 6.73' x 7.64' | Quartz Counter, B/I Microwave, Stainless Steel Appl |
Prim Bdrm | Flat | 8.99' x 13.78' | Laminate, Large Closet, Large Window |
Den | Flat | 8.89' x 9.35' | Laminate, Separate Rm |
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Waterloo Market Statistics
Waterloo Price Trend
321 Spruce St 505 is a 1-bedroom 1-bathroom condo listed for sale at $299,000, which is $66,000 (18.1%) lower than the average sold price of $365,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Waterloo declined by $64,000 (14.9%) compared to the previous 30 day period (December 22 - January 20) and down $20,000 (5.2%) from the same time one year ago.Inventory Change
There were 21 1-bedroom condos listed in Waterloo over the last 30 days (January 21 - February 19), which is up 90.9% compared with the previous 30 day period (December 22 - January 20) and up 61.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Waterloo typically sold ($8,000) (2.2%) below asking price over the last 30 days (January 21 - February 19), which represents a $20,000 increase compared to the previous 30 day period (December 22 - January 20) and ($13,800) 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 1-bedroom condos in Waterloo over the last 30 days (January 21 - February 19) stood at 42.9%, up from 18.2% over the previous 30 days (December 22 - January 20) and up from 38.5% 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 57 days when successfully sold over the last 30 days (January 21 - February 19), compared to 93 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Broadway Realty Inc.
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