62 Balsam St T201

Waterloo, N2L 3H2
FOR SALE
$629,999
62 Balsam St T201, Waterloo
62 Balsam St T201
62 Balsam St T201
62 Balsam St T201
62 Balsam St T201
62 Balsam St T201
62 Balsam St T201
62 Balsam St T201
62 Balsam St T201
62 Balsam St T201
62 Balsam St T201
62 Balsam St T201
62 Balsam St T201
62 Balsam St T201
62 Balsam St T201
62 Balsam St T201
62 Balsam St T201
62 Balsam St T201
62 Balsam St T201
62 Balsam St T201
62 Balsam St T201
62 Balsam St T201
62 Balsam St T201
62 Balsam St T201
62 Balsam St T201
62 Balsam St T201
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3 + 2
BEDROOMS
3
BATHROOMS
1
KITCHENS
8 + 2
ROOMS
X12019940
MLSID
Contact Us
Property Description
Turnkey Investment Opportunity Prime Waterloo Location! This spacious 3-bedroom + 2 additional rooms corner end-unit townhome is a fantastic investment in a high-demand rental area. Located just minutes from University of Waterloo, Wilfrid Laurier University, and Technology Park, it s perfect for students and professionals alike. Freshly painted with a brand-new A/C unit for year-round comfort Fully furnished includes all furniture, 6 appliances, window coverings, and a TV Bright, open-concept design with a large living/dining area for comfortable living Versatile layout includes a main floor media room, upper-level den, and lower-level study lounge Upper-level laundry for added convenience This well-maintained home is close to shopping, restaurants, banks, Waterloo Park, and major malls, offering a blend of convenience and strong rental potential. A low-maintenance, high-return investment in one of Waterloo s most sought-after locations.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-29 2025-01-31 95 $689,900 - Expired
2024-10-30 2024-12-30 61 $3,895 - Expired
2024-08-17 2024-10-30 74 $4,750 - Terminated
2024-08-06 2024-10-24 79 $689,900 - Terminated
Nearby Intersections
Property Features
Hospital, Library, Public Transit, School
Property Details
Street
Property Type
Condo Townhouse, Stacked Townhse
Approximate Sq.Ft.
1800-1999
Taxes
$3,958 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
Media/EntMain9.88' x 14.44'O/Looks Frontyard, Laminate, Window
LivingMain11.38' x 14.47'Open Concept, Laminate, Combined W/Kitchen
DiningMain8.30' x 10.01'O/Looks Backyard, Window
KitchenMain12.27' x 9.51'Granite Counter, Stainless Steel Appl, Ceramic Floor
LaundryUpper4.99' x 4.99'B/I Appliances, Laminate, Closet
BrUpper9.68' x 12.07'Window, Laminate, Closet
2nd BrUpper9.71' x 12.07'Window, Laminate, Closet
3rd BrUpper9.71' x 10.83'Large Window, Laminate, O/Looks Frontyard
StudyUpper9.71' x 9.09'O/Looks Backyard, Window
Waterloo Market Statistics
Waterloo Price Trend
62 Balsam St T201 is a 3-bedroom 3-bathroom townhome listed for sale at $629,999, which is $29,401 (4.5%) lower than the average sold price of $659,400 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom townhome in Waterloo declined by $92,896 (12.3%) compared to the previous 30 day period (December 22 - January 20) and up $154,400 (30.6%) from the same time one year ago.
Inventory Change
There were 11 3-bedroom townhomes listed in Waterloo over the last 30 days (January 21 - February 19), which is up 83.3% compared with the previous 30 day period (December 22 - January 20) and up 120.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Waterloo typically sold ($4,553) (0.7%) below asking price over the last 30 days (January 21 - February 19), which represents a $6,919 decrease compared to the previous 30 day period (December 22 - January 20) and ($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 3-bedroom townhomes in Waterloo over the last 30 days (January 21 - February 19) stood at 45.5%, down from 50.0% over the previous 30 days (December 22 - January 20) and down from 140.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom townhome in Waterloo stood at 48 days when successfully sold over the last 30 days (January 21 - February 19), compared to 60 days before being removed from the market upon being suspended or terminated.
Listing contracted with The Canadian Home Realty Inc.
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