321 Spruce St 706
Waterloo, N2L 0G4
FOR SALE
$538,000
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BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSX6714356
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Property Description
Great Investment Opportunity In Great Location: Walking Distance To Waterloo U, Wilfred Laurier U, Conestoga College. Rare Found Corner Unit! Large Den With Windows Could Be Used As 2nd Bedrm. Keyless Door Entry. High-End Laminate Flooring Throughout, Weekly Housekeeping Service With $236.04/Monthly, Which Make You Feel Like Living In Nice Hotel. High Income Potential.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-07-01 | 2021-07-13 | 12 | $2,150 | $2,000 | Leased |
Extras
S/S Appliances: Fridge, Stove, Dishwasher, Microwave, Washer/Dryer, All Electrical Light Fixtures And Window Coverings & Existing Furnishing
Nearby Intersections
King & University (120)
Property Features
Public Transit, School
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,637 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
None
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Waterloo Market Statistics
Waterloo Price Trend
321 Spruce St 706 is a 1-bedroom 2-bathroom condo listed for sale at $538,000, which is $147,375 (37.7%) higher than the average sold price of $390,625 in the last 30 days (April 8 - May 7). During the last 30 days the average sold price for a 1 bedroom condo in Waterloo declined by $104,375 (21.1%) compared to the previous 30 day period (March 9 - April 7) and down $41,175 (9.5%) from the same time one year ago.Inventory Change
There were 22 1-bedroom condos listed in Waterloo over the last 30 days (April 8 - May 7), which is down 18.5% compared with the previous 30 day period (March 9 - April 7) and up 4.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Waterloo typically sold ($8,724) (2.2%) below asking price over the last 30 days (April 8 - May 7), which represents a $4,836 decrease compared to the previous 30 day period (March 9 - April 7) and ($8,520) 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 8 - May 7) stood at 36.4%, down from 37.0% over the previous 30 days (March 9 - April 7) and up from 23.8% 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 8 - May 7), compared to 70 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Mypro Realty
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