258A SUNVIEW Street Unit# 155

About this home.

Welcome to Unit 155 at 258A Sunview Street in Waterloo — a smart investment opportunity in one of the city’s most sought-after student-friendly locations. Perfect for investors, parents looking to secure housing for a university student, or first-time buyers, this stylish 1-bedroom condo is ideally situated just minutes from both the University of Waterloo and Wilfrid Laurier University. Located on the 5th floor, this bright and modern unit offers 421 square feet of thoughtfully designed living space featuring durable vinyl flooring throughout, an open-concept layout, and contemporary finishes. The kitchen is equipped with granite countertops, stainless steel appliances, tile backsplash, dishwasher, and an eat-in area that flows seamlessly into the living space. The bedroom features vinyl flooring and a functional closet area, while the 3-piece bathroom includes tile flooring and a one-piece shower insert. Additional highlights include in-suite laundry, central air conditioning, owned water heater, forced air furnace, and access to a rooftop patio. Currently rented for $1,650/month plus hydro, this property offers excellent income potential in a high-demand rental area. An affordable and low-maintenance opportunity in the heart of Waterloo’s university district! (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.