62 BALSAM Street Unit# H204

About this home.

Prime Location! 62 Balsam Street, Waterloo Live in the heart of Waterloo’s university district—just steps from Wilfrid Laurier University, Conestoga College Waterloo campus and the University of Waterloo. This bright and modern 1-bedroom + DEN, 2-bathroom condo offers the perfect blend of comfort, style, and convenience. Located on the 2nd floor, this spacious unit features 9-foot ceilings, an open-concept kitchen with sleek modern finishes, and in-suite laundry. The primary bedroom includes a large closet and a private en suite bathroom, adding a touch of luxury and privacy. The den provides flexibility for a home office, additional bedroom space or guest area. Enjoy peace of mind with secure underground parking in this well-managed and safe building. Ideal for students, parents, or investors looking for a turnkey property in one of Canada’s top academic hubs! This Sage III Hickory Suites Building condo fees include; HEAT, COOLING, WATER, INTERNET PLUS STUDY LOUNGE & ROOFTOP PATIO. Photos from similar layout unit, some photos virtually staged. Unit currently rented for $2357 per month. (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.

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