62 Balsam St H204
Waterloo, N2L 3H2
FOR SALE
$520,000
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BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSX8358874
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Property Description
WELCOME TO YOUR NEW HOME/INVESTMENT PROPERTY! Located just steps away from both WLU and U of W, this unit has a prime location. This Sage III Hickory Suites Building has one of the best locations in the complex. It has 1 bedroom plus a den that could easily be transformed into a 2nd bedroom. 2 full bathrooms as well make this an ideal investment. The upgraded kitchen includes granite counters, a built-in dishwasher and microwave, and breakfast bar. Enjoy the covered balcony for siting out and enjoying a few rays of sunshine. Quality flooring thorughout. And to top it all off this unit includes 1 parking spot. Leased at an incredible rate until August 31st, 2026. Great tenants!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-07-25 | 2023-03-15 | 233 | $565,000 | - | Expired |
Nearby Intersections
University & Albert (64)
King & University (122)
Property Features
Hospital, Library, Other, Park, Public Transit, School
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$3,191 (2023)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Main | 9.15' x 16.17' | |
| Br | Main | 8.83' x 14.01' | |
| Kitchen | Main | 8.83' x 10.83' |
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Waterloo Market Statistics
Waterloo Price Trend
62 Balsam St H204 is a 1-bedroom 2-bathroom condo listed for sale at $520,000, which is $200,000 (62.5%) higher than the average sold price of $320,000 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 1 bedroom condo in Waterloo declined by $68,000 (17.5%) compared to the previous 30 day period (July 17 - August 15) and down $185,000 (36.6%) from the same time one year ago.Inventory Change
There were 33 1-bedroom condos listed in Waterloo over the last 30 days (August 16 - September 14), which is up 57.1% compared with the previous 30 day period (July 17 - August 15) and up 73.7% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Waterloo typically sold ($29,999) (9.4%) below asking price over the last 30 days (August 16 - September 14), which represents a $14,110 decrease compared to the previous 30 day period (July 17 - August 15) and ($4,900) 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 (August 16 - September 14) stood at 39.4%, down from 81.0% over the previous 30 days (July 17 - August 15) and up from 26.3% 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 11 days when successfully sold over the last 30 days (August 16 - September 14), compared to 98 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Wolle Realty
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WELCOME TO YOUR NEW HOME! VACANT unit with flexible availability! Located just steps away from both WLU and U of Waterloo. 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!
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