$358,000
For sale: Apartment

Excellent Investment Opportunity at 158 King St, Waterloo! Ideally located near the University of Waterloo and Wilfrid Laurier University, this spacious 637 sq. ft. 1+1 bedroom unit features 2 washrooms and a functional layout with the potential to convert into a 2-bedroom unit. Enjoy high-quality finishes, stainless steel appliances, and elegant stone countertops. Surrounded by cafés, restaurants, supermarkets, and convenient public transit, offering an easy and comfortable lifestyle. Currently rented for $1,700/month, providing stable rental income and attractive investment potential. An excellent opportunity for investors seeking rental income or parents looking to purchase a property for their children attending nearby universities. Affordable entry price with great potential for long-term value!
Sold data
Apartment homes in Waterloo took a median of 35 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 57, across 38 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 70 days.
The median sale price was $408,700.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 8% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 38 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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