$359,000
Waterloo
#1718 258A Sunview Street East, Waterloo, Ontario, N2L3V9
This 2-bedroom, 1-bathroom condo in Waterloo is for sale offering roughly 650 sq ft of space. Listed at $359,000, it is attractively priced about 16% below the $429,900 median asking price in Waterloo. It has been on the market 43 days, fresher than the Waterloo average of 67 days.
Welcome to Unit 1718 at 258A Sunview Street, ideally located in the heart of Waterloo's University District. This bright, modern 2-bedroom, 1-bathroom suite offers a practical layout, great natural light and a location that is hard to beat.The open-concept living area features large windows and a contemporary kitchen with stainless steel appliances and ample cabinetry. Both bedrooms are well proportioned, making the layout a good fit for students, young professionals, investors or parents looking for a place for their children while attending school. The unit is being sold furnished and also features the convenience of in-suite laundry. Its location close to the elevator is another practical benefit.Step outside onto your private balcony or take advantage of the building's rooftop terrace and party/meeting room.The real strength of this property is its location. The University of Waterloo and Wilfrid Laurier University are within easy reach, along with Conestoga College, Waterloo's growing technology sector, restaurants, cafés, shopping and everyday amenities. Public transit and the ION LRT are also nearby, making it easy to get around without relying on a car.For an investor, the combination of location, manageable size and proximity to Waterloo's major educational institutions provides access to a broad potential tenant base. For an end user, it offers an opportunity to live close to everything this part of Waterloo has to offer.Whether you are purchasing for yourself, for a student attending school in Waterloo, or as an investment, Unit 1718 offers a practical combination of location, convenience and long-term flexibility. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 43 days on market, against an average age of 67 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 2-bed single family in Waterloo has been listed for 43 days, which is 24 days fresher than the city average of 67. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $359,000, about 5.2× the local median household income of $69,500.
Carrying it typically needs a household income of about $70,125 (20% down, 25-yr amortization, stress-tested) — roughly 1% above the area median.
Source: Statistics Canada, 2021 Census (FSA N2L)
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