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    for sale
    152 Days on Strata
    Est Sell Timeframe:
    16 Days

    T211 - 62 Balsam St

    Balsa Two
    $559,900
    3 Beds + 1
    3 Bath
    0 Parking
    1,600 - 1,799 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

    Maintenance Fees:
    $1,000/mth
    Taxes:
    $4,505 (2024)
    Property Type:
    Condo
    Cost Per Sqft:
    $311 - $350/sqft
    Outdoor Space:
    Balcony
    Locker:
    None
    Possession Date:
    TBD
    Exposure:
    North

    Amenities

    Visitor Parking
    Amenity details for reference only. Independently verify accuracy.

    About this Listing

    Turnkey Investment Opportunity Prime Waterloo Location right across from Wilfrid Laurier Lazaridis Hall! This spacious 3-bedroom + 2 additional rooms town-home is a fantastic investment in a high-demand area. Located just minutes from University of Waterloo, Wilfrid Laurier University, and Technology Park, it's perfect for students and professionals or families looking to live with their university going kids. Fully furnished includes all furniture, 6 appliances(AS IS), open-concept design with a large living/dining area for comfortable living Versatile layout includes a main floor media room, upper-level den, and lower-level study lounge Upper-level laundry for added convenience This well-maintained home is close to shopping, restaurants, banks, Waterloo Park, and major malls, offering a blend of convenience and strong rental potential.

    royal lepage flower city realtyMLS® #X12248272

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Included
    Parking
    Not Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions

    Living
    14.47 x 11.39ft
    Combined with Dining, Laminate, Open Concept
    Dining
    10.01 x 8.3ft
    Combined with Living, Laminate, O/Looks Frontyard
    Kitchen
    9.51 x 12.27ft
    Stainless Steel Appliances, Backsplash, Granite Counter
    Family
    14.44 x 9.88ft
    O/Looks Park, Laminate
    Bedroom
    12.07 x 9.68ft
    Closet, Laminate, Window
    Bedroom
    12.07 x 9.71ft
    Closet, Laminate, Window
    Bedroom
    10.83 x 9.71ft
    Closet, Laminate, Window
    Study
    9.09 x 9.71ft
    Laminate, O/Looks Frontyard
    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

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    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
    LOW
    chance 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 again

    Property 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
    ?
    N/A
    best value out of 46 condos in the Downtown Waterloo neighbourhood

    Appreciation Rank

    Balsa Two has the
    ?
    N/A
    highest ROI out of 46 condos in the Downtown Waterloo neighbourhood

    Rental Yield

    Balsa Two yields the
    ?
    N/A
    highest rent prices out of 46 condos in the Downtown Waterloo neighbourhood

    High Demand

    Balsa Two is the
    ?
    N/A
    most popular building out of 46 condos in the Downtown Waterloo neighbourhood

    Market Insights

    Transaction Insights at Balsa Two

    1 Bed1 Bed + Den2 Bed3 Bed3 Bed + Den
    Price RangeNo Data$407,500 - $462,500No DataNo DataNo Data
    Avg. Cost Per SqftNo Data$532No DataNo DataNo Data
    Avg. Wait for Unit Availability861 Days151 Days305 Days232 Days259 Days
    Ratio of Units in Building11%49%7%17%18%

    Market Inventory

    Total number of units listed and sold in Downtown Waterloo