375 King St N 1706

Waterloo, N2J 4L6
FOR SALE
$365,000
375 King St N 1706, Waterloo
375 King St N 1706
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
8
ROOMS
X9256625
MLSID
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Property Description
IMMEDIATE POSSESSION! Welcome to Columbia Place. Located in vibrant Waterloo, a great opportunity awaits for an investor, university student, or just starting out. Spectacular corner unit with west facing balcony, panoramic views and sunsets over uptown Waterloo. Unit 1706 being a corner unit, offers plenty of natural light through the many windows on the 2 exterior walls. This 2 bedroom, 2 bathroom has an abundance of closet and storage space and was originally a 3 bedroom that can easily be converted back. One single extra long underground parking space and one storage locker on the same level. Carwash in the underground parking area. Updates include: new luxury laminate waterproof flooring throughout ( March/April 2024), both bedrooms with 100% wool luxury carpet, new window coverings, fresh paint, newer dishwasher and refrigerator. In suite laundry room has a washer, dryer and linen closet and is large enough for a refrigerator. Condominium fees cover: Heat, Hydro, Water, Central Air, Amenities, Parking and maintenance. Included in the fees is the use of indoor pool, sauna, party room, exercise room with amazing city views, conference room, games room and workshop. Excellent location, minutes walk to Wilfred Laurier, University of Waterloo with close proximity to Conestoga College. Conestoga mall is close by and minutes away from major highways. This great well kept pet friendly building can be your home.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-16 2024-08-15 121 $369,000 - Terminated
2022-04-28 2022-05-30 32 $379,900 $370,000 Sold
Extras
Over night visitor parking on west side of building access off of Columbia.Lockbox with 3 zip ties found on railing to the right side of garage door by thegenerator off King Street drive way. Status certificate available Bell Fibe available
Nearby Intersections
Property Features
Public Transit, School
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$2,143 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Electric
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Owned (B1)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
BrMain11.84' x 20.28'Closet, Broadloom
Prim BdrmMain15.26' x 12.60'Closet, Broadloom
KitchenMain8.04' x 13.68'
DiningMain8.27' x 10.30'Large Window
LivingMain11.55' x 21.88'
LaundryMain6.92' x 5.91'Pantry
FoyerMain13.35' x 6.17'
BathroomMain3.28' x 6.76'2 Pc Ensuite
BathroomMain7.51' x 4.95'3 Pc Bath
Waterloo Market Statistics
Waterloo Price Trend
375 King St N 1706 is a 2-bedroom 2-bathroom condo listed for sale at $365,000, which is $123,000 (25.2%) lower than the average sold price of $488,000 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom condo in Waterloo declined by $12,500 (2.5%) compared to the previous 30 day period (July 17 - August 15) and down $19,000 (3.7%) from the same time one year ago.
Inventory Change
There were 26 2-bedroom condos listed in Waterloo over the last 30 days (August 16 - September 14), which is down 3.7% compared with the previous 30 day period (July 17 - August 15) and up 30.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Waterloo typically sold ($14,286) (2.9%) below asking price over the last 30 days (August 16 - September 14), which represents a $214 increase compared to the previous 30 day period (July 17 - August 15) and ($8,000) 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 2-bedroom condos in Waterloo over the last 30 days (August 16 - September 14) stood at 26.9%, down from 44.4% over the previous 30 days (July 17 - August 15) and down from 65.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Waterloo stood at 26 days when successfully sold over the last 30 days (August 16 - September 14), compared to 57 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Real Estate Services Ltd.
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