62 Balsam St T201
Waterloo, N2L 3H2
FOR SALE
$689,900
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3
BEDROOMS3
BATHROOMS1
KITCHENS8 + 2
ROOMSX9241245
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Property Description
Turnkey Investment Opportunity For This 3 Bedroom PLUS 2 Rooms, End Unit Townhome. High rental demand area. Lots Of Natural Light. Walking Distance To Waterloo University And Wilfred Laurier University. Minutes To Technology Park. Recession-Proof Investment. 3 bedrooms are fully furnished with all the furniture, 6 appliances, window coverings, and a TV. Large Living/ Dining Room On The Main Floor. Media room on the Main Floor and a Second Den on the Upper Floor. Study Lounge On Lower Floor. New A/C Unit. POTENTIAL INCOME $5,000/ Month. Close To Shopping, Restaurants, Banks, Waterloo Park, Malls, And More!! Complete Schedule "B" (Attached). Buyer and Broker to verify the measurements.
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Extras
3 Bedrooms PLUS 2 rooms, Dining Table With 4 Chairs, Sofa, Coffee Table TV, Study Tables With Chairs (Furniture As Is Condition), Appliances- Fridge, Stove, Microwave, Dishwasher, Washer, Clothes Dryer. Taxes Are Interim. New A/C.
Nearby Intersections
University & Albert (64)
King & University (122)
Property Features
Hospital, Library, Public Transit, School
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Property Details
Street
City
Property Type
Condo Townhouse, Stacked Townhse
Approximate Sq.Ft.
1600-1799
Taxes
$3,958 (2023)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Media/Ent | Main | 9.88' x 14.44' | O/Looks Frontyard, Laminate, Window |
| Living | Main | 11.38' x 14.47' | Open Concept, Laminate, Combined W/Kitchen |
| Dining | Main | 8.30' x 10.01' | , O/Looks Backyard, Window |
| Kitchen | Main | 12.27' x 9.51' | Granite Counter, Stainless Steel Appl, Ceramic Floor |
| Laundry | Upper | 4.99' x 4.99' | B/I Appliances, Laminate, Closet |
| Br | Upper | 9.68' x 12.07' | Window, Laminate, Closet |
| 2nd Br | Upper | 9.71' x 12.07' | Window, Laminate, Closet |
| 3rd Br | Upper | 9.71' x 10.83' | Large Window, Laminate, O/Looks Frontyard |
| Study | Upper | 9.71' x 9.09' | , O/Looks Backyard, Window |
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Waterloo Market Statistics
Waterloo Price Trend
62 Balsam St T201 is a 3-bedroom 3-bathroom townhome listed for sale at $689,900, which is $104,525 (17.9%) higher than the average sold price of $585,375 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 3 bedroom townhome in Waterloo increased by $22,875 (4.1%) compared to the previous 30 day period (July 17 - August 15) and down $38,625 (6.2%) from the same time one year ago.Inventory Change
There were 13 3-bedroom townhomes listed in Waterloo over the last 30 days (August 16 - September 14), which is down 13.3% compared with the previous 30 day period (July 17 - August 15) and up 18.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in Waterloo typically sold ($7,375) (1.3%) below asking price over the last 30 days (August 16 - September 14), which represents a $17,375 decrease compared to the previous 30 day period (July 17 - August 15) and ($1,360) 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 (August 16 - September 14) stood at 61.5%, up from 53.3% over the previous 30 days (July 17 - August 15) and down from 136.4% 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 21 days when successfully sold over the last 30 days (August 16 - September 14), compared to 44 days before being removed from the market upon being suspended or terminated.Listing contracted with Tri-City Professional Realty Inc.
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