B508 - 62 BALSAM STREET, Waterloo

$375,000

For sale: Apartment

Apartment at B508 - 62 BALSAM STREET, Waterloo
Property type
Condo Apartment
Bedrooms / bathrooms
2 bedrooms, 2 bathrooms
Living area
899 sqft
MLS®
MLS® X14092212

Welcome to 62 Balsam Street! Discover the perfect blend of comfort, convenience, and contemporary living in this spacious 869 sq. ft. Sage condo, complete with a generous private balcony. Ideal for singles, young couples, first-time buyers, or investors, this well-appointed unit offers modern finishes, granite countertops throughout, and stainless steel appliances.Featuring a versatile 1-bedroom plus den layout, this spacious unit offers flexibility for a home office, guest space, or additional living area. The primary bedroom boasts a private 4-piece ensuite, adding comfort and convenience to everyday living.Location, location, location! Enjoy being within walking distance of Wilfrid Laurier University's Lazaridis School of Business and Economics, the University of Waterloo, public transportation, and grocery stores. Whether you're looking for a convenient lifestyle close to campus and amenities or a property in a desirable rental location, this condo checks all the boxes.For investors, the added bonus of excellent AAA tenants already in place offers the potential for immediate rental income. For end-users, the spacious layout, modern features, and unbeatable location make this an excellent place to call home.Whether you're buying your first home, starting a new chapter as a couple, or expanding your investment portfolio, this Sage condo offers exceptional versatility and value.Modern Comfort. Prime Location. Endless Possibilities.

Sold data

Apartment homes in Waterloo — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 70 days.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.

Median days to sell
35
Median sale price
$408,700
Sale-to-list ratio
96.3%
Sold above asking
8%

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

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 B508 - 62 BALSAM STREET