62 Balsam St H201
Waterloo, N2L 3H2
FOR SALE
$520,000
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Property Description
WELCOME TO YOUR NEW HOME! Located just steps away from both WLU and U of W this unit has a prime location. This Sage III Hickory Suites Building has the one of the best locations in the complex. It has 1 bedroom with a den that could easily be transformed to a 2nd bedroom. 2 full bathrooms as well make this an ideal home for a young couple, students heading to University, or as your next investment property. The upgraded Kitchen includes granite counters, a built-in dishwasher and microwave, and beautiful subway tile backsplash and breakfast bar. The west-facing windows allow for a ton of afternoon sun! Enjoy the covered balcony for sitting out and enjoying a few rays. Quality flooring throughout. And to top it off this unit includes 1 parking spot! Book your private showing today!
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Nearby Intersections
University & Albert (55)
King & University (120)
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,010 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive
Garage Type
Built-In
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 9.25' x 11.68' | Eat-In Kitchen |
| Den | Main | 9.58' x 14.01' | |
| Prim Bdrm | Main | 9.09' x 15.75' | W/I Closet |
| Living | Main | 10.33' x 14.40' |
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Waterloo Market Statistics
Waterloo Price Trend
62 Balsam St H201 is a 1-bedroom 2-bathroom condo listed for sale at $520,000, which is $129,375 (33.1%) 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 Royal Lepage Wolle Realty
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