23 FIR STREET, Waterloo

$1,310,000

For sale: Multiplex

Multiplex at 23 FIR STREET, Waterloo
Property type
Duplex
Bedrooms / bathrooms
10 bedrooms, 4 bathrooms
Living area
2,000 sqft
MLS®
MLS® X14099260

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 — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 34 days.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.

Median days to sell
21
Median sale price
$686,000
Sale-to-list ratio
98.9%
Sold above asking
36%

Based on 244 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Waterloo

Waterloo has 31 Fraser Institute–rated schools (27 elementary and 4 secondary), averaging 6.8/10.

Rated schools
31
Elementary
27
Secondary
4
Average rating
6.8 / 10

Top-rated schools in Waterloo

  • Millen Woods — elementaryFraser rating 8.9/10
  • Sir John A Macdonald — secondaryFraser rating 8.7/10
  • Abraham Erb — elementaryFraser rating 8.6/10
  • Laurelwood — elementaryFraser rating 8.5/10
  • Vista Hills — elementaryFraser rating 8.5/10
  • Mary Johnston — elementaryFraser rating 8.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 23 FIR STREET