$249,000
For sale: Apartment

Turnkey Investment in Waterloo's University District! This fully furnished studio is currently rented for *****$1,600/Month***** and is just steps from Wilfrid Laurier University, the University of Waterloo, Conestoga College, and the ION LRT. ********Includes******** Fully Furnished ------Double Bed, Mattress, Bedside Table, Desk With Chair, Media Unit, 50inch TV, Dining Table with 2 Chairs. With modern finishes, in-suite laundry, and professional property management available, this is an ideal opportunity for investors looking for rental income in a high-demand location!
Sold data
Apartment homes in Waterloo took a median of 36 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 59, across 37 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 81 days.
The median sale price was $417,500.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
Based on 37 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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