Waterloo, N2K 2M8
$350,000
Listed by KELLER WILLIAMS INNOVATION REALTY.
Are you an investor looking for a turn key property with a great tenant already in place? Or perhaps your adult child is planning on attending University at either U of Waterloo or Laurier University in the next year or two? Buy now and have a place tor them to occupy when they move to University. This unit is currently occupied with a tenant secured with a lease until January 31, 2025. Monthly rent is $2,000, with heat and electricity paid by the tenant. Water is included in the condo fees. This one bedroom unit has 711 square feet of living space. The front door leads you into a bright, open concept space. The modern kitchen is updated with clean, white cupboards and a white subway tile backsplash. The open concept living room/dining space has enough space to also make an area for a home office! The living room opens up to a balcony overlooking Dunvegan Park. The bedroom has a cheater entrance to the 4 piece main bathroom. This unit has one designated surface parking spot, plus additional visitor parking is available. All appliances are included: fridge, stove and combo washer/dryer unit located in suite. The building offers additional coin operated washer and dryers in the common laundry room. Window A/C available (unit not provided). Located in the Lexington neighbourhood, this home has easy access to University of Waterloo, Laurier University, HWY 85, Conestoga Mall and Bechtel Park.
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The graph below compares the average list price and average sale price of condos in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for condos in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
