128 KING Street N Unit# 807

About this home.

Welcome to ONE28 – A Modern Luxury Condo in the Heart of Uptown Waterloo! Just steps from Wilfrid Laurier University and minutes from the University of Waterloo, this stylish and contemporary residence offers low maintenance fees and an impressive selection of upscale amenities. This bright and spacious 1 Bedroom plus Den, 1 Bathroom unit offers over 650 square feet of open concept living space, complete with a private balcony showcasing beautiful, unobstructed east facing views. The unit includes one parking space and a storage locker, adding to its everyday practicality. Upon entry, you’re welcomed by a thoughtfully designed foyer that flows into an upgraded L-shaped kitchen featuring tall cabinetry, quartz countertops and backsplash, full size stainless steel appliances, and a double sink. The kitchen opens seamlessly into an oversized living and dining area that leads directly to the balcony, creating an ideal space for entertaining or relaxing in the sun-filled interior. The primary bedroom is a serene retreat, highlighted by floor to ceiling windows that flood the room with natural light. The den offers versatile functionality and can easily be enclosed to create a second bedroom or used as a dedicated office space. A modern four piece bathroom is complemented by the convenience of in-suite laundry located just steps away. Residents of ONE28 enjoy a host of premium amenities including concierge service, a fully equipped gym and yoga studio, a party and media room, a rooftop terrace with BBQs, electric vehicle charging stations, and secure bike parking. Currently leased at $1,950 per month plus utilities, this unit presents a Prime opportunity for investors or first time home buyers looking to get into the market with a spacious 1+den unit that includes both parking and a locker. Don’t miss your chance to own in one of Waterloo’s most desirable addresses - book your showing today! (id:59491)

The full record.

How this listing prices against Beechwood/University.

Beechwood/University was highly supplied this period, with 13 sales against 98 active listings, one of the loosest inventory setups in Waterloo. The average sale price was $621,462, well below the city average, homes took 34 days to sell, and deals closed at 94.02% of list, all signs of a softer market overall. Activity split between 5 freeholds and 8 condos, but the overwhelming amount of condo inventory is what defines the neighbourhood right now. This is a market with lots of choice and clear pressure on sellers to price realistically.

Estimate the monthly carry.