604 - 251 Hemlock Street

Introducing a remarkable opportunity to acquire a stunning condo for sale in Waterloo , located at 251 Hemlock Street, Waterloo. This exceptional condo apartment is nestled in an enviable location, just a stone's throw away from the University of Waterloo and directly across from Wilfrid Laurier University. With its prime position, this property is ideal for both investors and those seeking a comfortable home in a vibrant community.

This condo for sale in Waterloo boasts a well-designed layout, featuring two spacious bedrooms and two bathrooms, making it perfect for individuals, couples, or small families. Although the unit is unfurnished, it offers a blank canvas for potential owners to personalise and style according to their preferences. The absence of a den and additional rooms means that the space is optimally utilised, ensuring a functional living environment.

As you enter the condo, you will be greeted by a flat kitchen that is both practical and stylish. The kitchen features a granite countertop, providing a sleek surface for cooking and entertaining. The design includes ample storage with double door closets in both bedrooms, ensuring that you have plenty of space for your belongings. The living area is enhanced by three large sliding glass doors that lead out to a walk-out balcony, seamlessly connecting the indoor and outdoor spaces. This feature not only allows for an abundance of natural light but also provides a lovely area to relax and enjoy the fresh air.

The building itself offers a range of amenities that enhance the living experience. Residents can take advantage of the gym, meeting room, and wet bar, which are perfect for social gatherings or casual get-togethers. Additionally, the rooftop garden provides a serene escape, allowing residents to unwind while enjoying views of the surrounding area. For those who cycle, the building includes bike parking, making it convenient for active individuals. Although there is no pool, the plethora of other amenities ensures that there is always something to do within the building.

Another significant advantage of this condo for sale in Waterloo is its central air conditioning system, ensuring that residents remain comfortable throughout the warmer months. The heating is provided by a forced air system, which is efficient and effective. While the unit does not include a fireplace, the overall design and features compensate for this, creating a warm and inviting atmosphere.

It is important to note that this property does not come with any additional land, garage space, or parking space. However, the location at 251 Hemlock Street, Waterloo, is incredibly convenient, with easy access to public transport and nearby amenities, making it an ideal choice for those who prefer a car-free lifestyle.

In summary, this condo for sale in Waterloo at 251 Hemlock Street, Waterloo, presents an excellent investment opportunity in a highly sought-after area. With its proximity to educational institutions, modern amenities, and a well-thought-out living space, it is perfect for anyone looking to enjoy the best that Waterloo has to offer. Don’t miss out on this perfect turn-key investment opportunity; make this condo your new home or a lucrative addition to your property portfolio. Whether you are an investor or a first-time buyer, this condo for sale in Waterloo is not to be overlooked.

Schools in the Neighbourhood

This property is conveniently located near a variety of educational institutions, making it an ideal choice for families. Within a short distance, you will find several public elementary schools, including Winston Churchill Public School (1.2 km away, rated 4.7) and MacGregor Public School (0.7 km away, although it currently holds a rating of 0). For secondary education, Waterloo Collegiate Institute is just 0.5 km away with a rating of 6.9, ensuring quality education for older students. Additionally, the property is close to Catholic schools, such as St. David Catholic Secondary School (1.0 km away, rated 7) and Our Lady of Lourdes Catholic Elementary School (1.9 km away, rated 6.3). The area also offers French-language education options, including Elizabeth Ziegler Public School and Sir Edgar Bauer Catholic Elementary School. With a mix of public and Catholic institutions, both in English and French, families will appreciate the diverse educational opportunities available within a few kilometers of the property. Overall, this neighborhood is well-suited for families prioritizing access to quality education for their children.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a vibrant yet economically challenged community. As of 2021, the population stands at 2,340, with an average household size of 1.9 and a youthful average age of 26.3 years. The average household income is $41,400, and a significant 40.6% of residents are classified as low-income. The housing market reflects a median price of $440,000, with a staggering 94.04% of residents renting their homes, predominantly in condominiums, which make up 79.82% of the housing stock. The community is characterized by a high percentage of single individuals (78.41%) and a relatively low proportion of households with children (17.31%). Additionally, immigrants represent 17.94% of the population, contributing to the area's cultural diversity. Educational attainment is notable, with 59.39% of residents holding a college or university degree. However, a considerable portion of the population, 32.99%, is not participating in the labor force, indicating potential challenges in employment opportunities within the area. Overall, this demographic snapshot highlights a youthful, diverse community with distinct socio-economic dynamics.