$399,000
For sale: Townhouse

Investors and parents take note of this great investment opportunity! excellent location! licensed 5 bedroom free hold- no condo fee student rental, walking distance to universities of waterloo and close to university of laurier as well as amenities. Main floor consists of good size eat-in kitchen, spacious living room and 2 bedrooms, walk out to backyard from living room. Upper level features 3 bedrooms with 4pc bathroom, lower level features 3 pcs bathroom, laundry area, storage and entry to the garage. Driveway parking for 2 cars plus 1 in the garage. Easy to rent, this townhouse is available for immediate purchase. Don't miss the excellent potential gross annual income opportunity of $ 33, 000.
Sold data
Townhouse homes in Waterloo took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 53, across 50 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 48 days.
The median sale price was $492,450.
Homes sold for about 0.8% below asking on average, so there was room to negotiate.
About 32% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 50 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Waterloo has 31 Fraser Institute–rated schools (27 elementary and 4 secondary), averaging 6.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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