Unknown for 257 HEMLOCK St #405, Waterloo Ontario N2L 0K2
65 days on Market

257 HEMLOCK St #405, Waterloo, Ontario N2L 0K2

In the same building:
-
Condo
1
1
~0-499 sqft
$355,000
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Condo
1
1
~0-499 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$356/sqft

Est. Mortgage$1,525/mo

Maintenance fees$419/mo

Tax Amount (2024)$2,507/yr

Days On Market65 days


Description

Prime Investment Opportunity Turnkey University Area Apartment!Discover an incredible investment opportunity in a newer, high-demand building with a low to no vacancy rate! This fully furnished 450 SF suite is ideally located steps from the University of Waterloo and Wilfrid Laurier University, ensuring a steady stream of tenants.Rental income starts at $2,500/month for this building, making this a lucrative option for investors. The unit comes move-in ready with top-quality suite finishes, Swiss laminate flooring throughout, and a modern kitchen featuring a granite countertop, under-mount double-basin stainless steel sink, and premium appliances. The stylish living space is furnished with a table, couch and TV, while your bedroom is furnished with a bed and a nightstand. This unit comes with all appliances as well including a washer dryer, dishwasher, stove and fridge! The building boasts excellent amenities, including a gym, party/meeting room, and street parking. Quick possession availablesecure this fantastic property today!


Property Details

Style1 Storey/Apt
View-
Age of property0-5
SqFt~0-499 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX12001901
Community NameColumbia
Data SourceTRREB
Listing bySUTTON GROUP - SELECT REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Living

2.87 x 2.28

Dining

2.29 x 1.86

Br

3.64 x 2.28

Kitchen

14.1 x 5.9


Features

Patio: Open
Balcony: Open

4Story
Elevator
Amenities

Gym, Party/Meeting Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Mar 5, 2025
ListedActive
$355,000
65 days on market
history photo preview41
Listing by trreb®
Property listed by SUTTON GROUP - SELECT REALTY, Brokerage

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Market Data - Columbia

Geo Zone Map ThumbnailColumbia

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

49 days

Compared to

2024

32 days

2023

35 days

2022

13 days

New Listings

Past 30 days

46 listings

Compared to

2024

45 listings

2023

35 listings

2022

62 listings

Units sold

Past 30 days

5 units

Compared to

2024

15 units

2023

21 units

2022

18 units

Median Sold Price

Past 30 days

$455,000

Compared to

2024

$415,000

2023

$488,000

2022

$542,500


Population and Demographics

Overview

Total population 7359
Average household income $71,241

Age (%)

20 to 34
64%
0 to 19
15%
35 to 49
9%
50 to 64
7%
65 and plus
5%

Household composition (%)

Single person
40%
Multi person
32%
Single family
28%
Multi family
0%

Mother tongue (%)

English
56%
Mandarin
17%
Hindi
5%
Others
3%
Punjabi (Panjabi)
3%
Arabic
3%
Gujarati
2%
Spanish
2%
Telugu
1%

House tenancy (%)

Renters
86%
Owners
14%

Schools and amenities

Estimated Budget