Maintenance Fees
Balsa Two vs The Downtown Waterloo Area
62 Balsam Street
Source: Unit T211
Source: Unit T211
Source: Unit T211
Source: Unit T211
Source: Unit T211
Source: Unit T211
Source: Unit T211
Source: Unit T211
Source: Unit T211
Source: Unit T211
Balsa Two
Highlights
- Property Type:
- Condo
- Number of Storeys:
- 6
- Number of Units:
- 98
- Condo Completion:
- 2015
- Condo Demand:
- Medium
- Unit Size Range:
- 749 - 1,840 SQFT
- Unit Availability:
- Low
- Property Management:
Amenities
Visitor Parking
Amenity details for reference only. Independently verify accuracy.
About 62 Balsam Street — Balsa Two
Balsa Two stands 6 storeys tall at 62 Balsam Street and contains 98 units. This Waterloo condo was completed in 2015 by . Suite sizes range from 749 square feet to 1840 square feet.
Maintenance fees are $0.64 per-square-foot, which is higher than the neighbourhood average of $0.62 per-square-foot.
The Suites
On average, units at 62 Balsam Street sell -4.31% below the list price, and units have a low chance of receiving multiple offers (aka a “bidding war”). The average cost per-square-foot in the condo (based on past 12 months of sales) is $502 and units sell with 29 days on market on average. Over the past 12 months, 4 have sold and 6 have have been rented here.
Transportation
Curious about similar condos in the area? Check out 253 Albert Street, 251 Hemlock Street and 275 Larch Street — all within walking distance.
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Hydro
- Not Included
Listing History for Balsa Two
Nov, 2025
Unit H302
Nov 07, 202557 days on strata
Sold for $407,500Listed for $350,0001 bd | 2 ba | 900 sqft | 1 pkg
Sold for $407,500Listed for $350,0001 bd | 2 ba | 900 sqft | 1 pkg
Oct, 2025
Unit H405
Oct 21, 202519 days on strata
TerminatedListed for $499,0001 bd + 1 | 2 ba | 880 sqft | 1 pkg
TerminatedListed for $499,0001 bd + 1 | 2 ba | 880 sqft | 1 pkg
Receive listing updates for Downtown Waterloo
Reviews for Balsa Two
No reviews yet. Be the first to leave a review!
4Listings For Sale
Interested in receiving new listings for sale?
1Listings For Rent
Interested in receiving new listings for rent?
Similar Condos
Explore Downtown Waterloo
Building Trends At Balsa Two
Days on Strata
Units at Balsa Two spend an average of
29
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
4%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in Downtown Waterloo
Turnover of Units
On average, each unit is owned for
6.6
YEARS before being sold againProperty Value
-2%
Decrease in property value within the past twelve months
Price Ranking
15th
Highest price per SQFT out of 46 condos in the Downtown Waterloo area
Sold Units
4
Units were Sold over the past twelve months
Rented Units
6
Units were Rented over the past twelve months
Best Value Rank
Balsa Two offers the best value out of 46 condos in the Downtown Waterloo neighbourhood
?
N/A
Appreciation Rank
Balsa Two has the highest ROI out of 46 condos in the Downtown Waterloo neighbourhood
?
N/A
Rental Yield
Balsa Two yields the highest rent prices out of 46 condos in the Downtown Waterloo neighbourhood
?
N/A
High Demand
Balsa Two is the most popular building out of 46 condos in the Downtown Waterloo neighbourhood
?
N/A
Market Insights
Transaction Insights at Balsa Two
| 1 Bed | 1 Bed + Den | 2 Bed | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|
| Price Range | No Data | $407,500 - $462,500 | No Data | No Data | No Data |
| Avg. Cost Per Sqft | No Data | $532 | No Data | No Data | No Data |
| Price Range | No Data | $1,850 - $2,400 | $2,400 | No Data | $3,750 - $3,899 |
| Avg. Wait for Unit Availability | 861 Days | 151 Days | 305 Days | 232 Days | 259 Days |
| Avg. Wait for Unit Availability | No Data | 268 Days | 323 Days | No Data | 875 Days |
| Ratio of Units in Building | 11% | 49% | 7% | 17% | 18% |
Market Inventory
Total number of units listed and sold in Downtown Waterloo
