145 COLUMBIA Street Unit# 2235

About this home.

Attention investors and parents this is a standout opportunity. Perfectly located steps to University of Waterloo LRT and minutes to Laurier and uptown. This bright 2 bedroom 1 bathroom suite is designed with student living in mind offering a functional layout great natural light and modern finishes including engineered hardwood floors quartz counters stylish fixtures and plenty of storage. It is an easy comfortable space to live study and enjoy. The building truly elevates the experience with a full gym business lounge theatre and rooftop patio creating a lifestyle students love and use daily. For investors this location consistently attracts strong rental demand making it a smart and reliable addition to your portfolio. A true win in one of Waterloo’s most sought after areas. (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.