Maintenance Fees
Balsa Two vs The Downtown Waterloo Area
for sale
83 Days on Strata
- Est Sell Timeframe:
- 16 Days
H505 - 62 Balsam St
$429,900
1 Bed
2 Bath
2 Parking
877 SQFT
Price History
- Maintenance Fees:
- $828/mth
- Taxes:
- $3,296 (2024)
- Property Type:
- Condo
- Cost Per Sqft:
- $490/sqft
- Outdoor Space:
- Balcony
- Locker:
- Owned
- Possession Date:
- TBD
- Exposure:
- East
Amenities
Elevator
Games Room
Party Room
Rec Room
About this Listing
Welcome to Unit H505 at 62 Balsam Street. Whether you're a student searching for the perfect home just steps from Wilfrid Laurier and walking distance to the University of Waterloo, or an investor looking for a strong rental opportunity, this condo close to public transit, shopping, and dining is sure to impress! This bright and functional layout offers 877 sq. ft. of living space with 9-foot ceilings and modern finishes. Inside, you'll find 1 bedroom, one large bright den, 2 bathrooms, and convenient in-suite laundry. The sleek kitchen is designed with granite countertops,double sinks, stainless steel appliances, and soft-close cabinetry. Step outside to an oversized terrace large enough for a full patio set, featuring two walkouts and sweeping city views. Parking is effortless with two included underground spots (#71, #97), keeping your vehicles safe and snow-free in addition to an underground storage room (#505). Building amenities include unlimited high-speed internet, a social lounge, and study areas.
ExtrasDishwasher, Dryer, Garage Door Opener, Microwave, Refrigerator, Stove, Washer, TV
re/max twin city realty inc.MLS® #X12382435
Utilities & Inclusions
- Hydro
- Not Included
- Heat
- Included
- Air Conditioning
- Not Included
- Water
- Included
- Parking
- Included
- Building Maintenance
- Included
- Building Insurance
- Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Dimensions
- Kitchen
- 10.01 x 12.01ft
- Bedroom
- 10.99 x 12.01ft
- Den
- 10.99 x 10.01ft
- Bathroom
- 0 x 0ft
- Bathroom
- 0 x 0ft
- Living
- 8.99 x 10.01ft
Buyer's Market
Balanced
Seller's Market
Building Spotlight
Similar Listings
Explore Downtown Waterloo
Mortgage Calculator
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
