330 Phillip Street TN-203, Waterloo

$415,000

For sale: Apartment

Apartment at 330 Phillip Street TN-203, Waterloo
Property type
Condo Apartment
Bedrooms / bathrooms
2 bedrooms, 1 bathroom
Living area
599 sqft
MLS®
MLS® X13551686

An exceptional investment opportunity in the heart of Waterloo's thriving university district! This bright and functional 1+1 bedroom, 1 bathroom condo is steps From The University Of Waterloo and Wilfrid Laurier University. The property offers amazing amenities including; fitness centre, basketball court, theatre room, games room, multiple study lounges, and on site retail along with amazing proximity to restaurants and shopping. Whether you're looking to expand your investment portfolio, purchase your first income property, or looking for your kind, this unit offers outstanding rental potential in one of the region's strongest student housing markets. The building has historically experienced nearly 0% vacancy, providing investors with confidence in consistent rental demand and reliable cash flow. Designed for hassle-free ownership, the property also benefits from professional management, offering a stress-free investment experience with minimal day-to-day involvement. Don't miss your chance to own a turnkey investment in a prime location with proven rental performance, exceptional demand, and the convenience of low-maintenance, professionally managed ownership. Already rented through to 2027, however, vacant possession can be provided if sold before the end of August.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 70 days.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 330 Phillip Street TN-203