305 - 257 Hemlock Street

Welcome to your new home at 257 Hemlock Street, Waterloo! This charming apartment for sale in Waterloo is an exceptional opportunity for anyone looking to invest in a prime location. With its modern features and unbeatable proximity to both the University of Waterloo and Wilfrid Laurier University, this condo apartment is perfect for students, professionals, or savvy investors alike.

As you step into this delightful property, you'll immediately notice the contemporary design that defines this apartment for sale in Waterloo. The building, constructed from sturdy brick, offers a stylish yet practical aesthetic that complements the vibrant community around it. This apartment boasts one spacious bedroom and a well-appointed bathroom, making it an ideal choice for those who appreciate simplicity and functionality. The open-concept layout is both bright and inviting, thanks to the floor-to-ceiling windows that flood the space with natural light, creating a warm and welcoming atmosphere.

At 257 Hemlock Street, Waterloo, you'll find that the kitchen is conveniently located on the main floor, equipped with all the essentials you need. While this apartment does not come with an additional kitchen, it features a stainless steel stove, fridge, and dishwasher, ensuring that you have everything required for your culinary adventures. The unit is unfurnished, allowing you the freedom to personalise the space to your liking, making it truly feel like home.

In terms of amenities, this apartment for sale in Waterloo offers central air conditioning to keep you cool during those warmer months. Although there is no pool or fireplace, the absence of these features is more than compensated by the location and the overall appeal of the property. You won't find a central vacuum system here, but the convenience of in-suite laundry with a washer and dryer makes up for it, allowing you to manage your laundry with ease.

The building itself is relatively new, aged between 0-5 years, which means you can enjoy modern living without the worries of extensive maintenance. While there is no garage space or additional land included with this property, the surrounding area offers ample parking options and easy access to public transport, making it a breeze to get around.

Living at 257 Hemlock Street, Waterloo, places you right in the heart of a bustling community. You'll be just a stone's throw away from shopping, dining, and major highways, making it an ideal spot for both students and professionals. The high-demand nature of this building, coupled with its ultra-low vacancy rate, means that you can expect strong rental potential if you're considering this as an investment opportunity.

This apartment for sale in Waterloo is not just a place to live; it's a lifestyle choice that offers convenience, comfort, and a sense of community. Whether you're looking for a lucrative investment or a modern urban home, this condo is a fantastic opportunity that you won't want to miss. With quick possession available, you can secure this property today and start enjoying everything that the vibrant area of Waterloo has to offer.

In summary, if you're searching for an apartment for sale in Waterloo that combines modern living with a prime location, look no further than 257 Hemlock Street. This property ticks all the boxes for a contemporary lifestyle, making it a must-see for anyone interested in the area. Don’t hesitate; this gem won’t be on the market for long!

Schools in the Neighbourhood

This property is ideally situated near a variety of educational institutions, catering to families with children of all ages. Within a short distance, you will find several public elementary schools, including Winston Churchill Public School (1.1 km away, rated 4.9) and Elizabeth Ziegler Public School (2.1 km away, rated 6), offering English and French language programs for grades JK to 6. For older students, Waterloo Collegiate Institute is just 0.4 km away, providing secondary education for grades 9 to 12 with a rating of 6.3. Additionally, MacGregor Public School is nearby, serving grades 7 to 8, although it currently has no rating. Catholic education options include Our Lady of Lourdes Catholic Elementary School (1.9 km, rated 6.5) and St. David Catholic Secondary School (0.9 km, rated 7.4), both of which offer strong academic programs. The Kitchener-Waterloo Collegiate and Vocational School (2.9 km away, rated 7) provides further secondary education options. Overall, this location offers a rich selection of quality schools, making it an attractive choice for families seeking educational opportunities for their children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 2,340 residents, characterized by a relatively young demographic with an average age of 26.3 years. The average household size is 1.9, reflecting a community with a significant proportion of single individuals, comprising 78.41% of the population. The average household income stands at $41,400, with a notable 40.6% of residents classified as low-income. Housing is predominantly rental, with 94.04% of households renting, and the average property price is $440,000. Condominiums make up a substantial portion of the housing market, accounting for 79.82%. Families with children represent 17.31% of households, while immigrants constitute 17.94% of the population. Education levels are relatively high, with 59.39% of residents holding a college or university degree. However, a significant 32.99% of the population is not actively participating in the labor force. This demographic profile indicates a vibrant, youthful community with a strong rental market, a diverse population, and a focus on education, albeit with economic challenges reflected in the income and low-income statistics.