$1,310,000
For sale: Multiplex

Location is everything, and it doesn't get much closer to Wilfrid Laurier University than this. 23 Fir St sits just steps from Laurier's campus and University Stadium, on one of the most sought-after streets for student housing in Waterloo, where rooms lease quickly year after year. This fully rented duplex has two self-contained 5-bedroom, 2-bathroom units. Each unit has its own kitchen, in-unit laundry, forced air gas heating and central air conditioning. It also has updated laminate flooring and parking for 4. Unbeatable proximity to campus, a full rent roll and steady student demand make this a turnkey investment that will keep performing for years.
Sold data
Homes in Waterloo took a median of 21 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 41, across 244 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 34 days.
The median sale price was $686,000.
Homes sold for about 1.1% below asking on average, so there was room to negotiate.
About 36% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 244 recorded sales in the last 90 days. 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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