257 HEMLOCK Street Unit# 607

About this home.

Welcome to urban sophistication at its finest! This stunning 1 bedroom, 1 bathroom condo nestled in the heart of Waterloo is walking distance to University of Waterloo and Wilfred Laurier University. The unit offers the epitome of modern living combined with convenience and comfort. As you step inside, you'll be greeted with floor-to-ceiling windows, which flood the space with natural light. The layout seamlessly integrates the living, dining, and kitchen areas, perfect for both relaxing evenings and entertaining guests. One of the highlights of this condo is the in-suite laundry, ensuring convenience and efficiency in your daily routine. The unit comes fully equipped with granite counter tops, stainless steel appliances, as well as existing furniture, including a full bed frame with mattress, a sofa, a coffee table, a built-in study table with shelves, an office chair, a dining table with four chairs, and a TV with TV console. Move-in ready, this condo offers a hassle-free transition. Moreover, residents of this building are granted access to an array of amenities designed to enhance their lifestyle. Keep up with your fitness goals in the exercise room, host memorable gatherings in the party room, or unwind and soak in panoramic views from the rooftop deck/garden and visitor parking for your guests. This condo presents an exceptional opportunity for investors as well as end-users. Book a showing today and experience everything that has to offer. - Property has been virtually staged. (id:59491)

The full record.

How this listing prices against Beechwood/University.

Beechwood/University was highly supplied this period, with 13 sales against 98 active listings, one of the loosest inventory setups in Waterloo. The average sale price was $621,462, well below the city average, homes took 34 days to sell, and deals closed at 94.02% of list, all signs of a softer market overall. Activity split between 5 freeholds and 8 condos, but the overwhelming amount of condo inventory is what defines the neighbourhood right now. This is a market with lots of choice and clear pressure on sellers to price realistically.

Estimate the monthly carry.