323 - 258C Sunview Street

Introducing a stunning opportunity to acquire a condo for sale in Waterloo , located at 258C Sunview Street, Waterloo. This modern corner condo unit is ideally situated just steps away from both Waterloo University and Wilfrid Laurier University, making it an excellent choice for students or investors looking for a prime location. With its spacious layout and abundance of natural light, this property is designed to cater to the needs of its residents.

The condo for sale in Waterloo boasts a generous 861 square feet of living space, featuring three well-proportioned bedrooms and two bathrooms. Each bedroom is designed to maximise natural light, creating a bright and inviting atmosphere. The property is unfurnished, allowing new owners the freedom to personalise the space to their taste. The interior is finished with laminated flooring throughout, complemented by elegant porcelain tiles in the bathrooms and laundry area, ensuring both style and practicality.

One of the standout features of this condo for sale in Waterloo is the inclusion of large energy-efficient windows, which not only enhance the aesthetic appeal but also contribute to the overall energy efficiency of the unit. The southern exposure ensures that the living space is flooded with sunlight, particularly during the winter months, creating a warm and welcoming environment.

The kitchen, though singular, is well-equipped with stainless steel appliances, providing a modern touch to the space. The open layout of the living area allows for easy movement and interaction, making it an ideal setting for both study and relaxation. While there is no dedicated family room, the overall design of the condo compensates with its spacious feel and high ceilings, which add to the sense of openness.

As for climate control, the property features central air conditioning, ensuring comfort throughout the year. However, it is worth noting that there is no fireplace, which may be a consideration for those seeking a cosy winter retreat. The heating system operates on forced air, providing efficient warmth during colder months.

The condo for sale in Waterloo is also equipped with high-speed internet, courtesy of Rogers, with a value of £70 per month included in the maintenance costs. This feature is particularly beneficial for students who require reliable internet access for their studies. Additionally, the property does not include a central vacuum system, which may be a consideration for potential buyers.

Another advantage of this property is the security features in place. Access to the lobby and entrance is controlled via a security key, ensuring peace of mind for residents. Furthermore, the building offers both internal and external bicycle parking, catering to those who prefer cycling as a mode of transport.

Currently, the condo is leased to three university students for £3,690 per month until April 2026, making it a cash flow positive investment opportunity. The attractive price of less than £600 per square foot enhances its appeal, particularly for investors looking for a profitable venture in the heart of Waterloo.

In summary, this condo for sale in Waterloo at 258C Sunview Street, Waterloo, presents a unique opportunity for both personal residence and investment. With its prime location, spacious layout, and modern features, it is well-suited to meet the demands of university students and young professionals alike. Whether you are looking to move in or add to your property portfolio, this condo is certainly worth considering. Don’t miss out on this remarkable opportunity to own a piece of real estate in such a desirable location.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Within a short distance, you will find Winston Churchill Public School (1.2 km), a highly-rated elementary school with a rating of 4.9, serving grades JK to 6. MacGregor Public School (0.8 km) offers education for grades 7 to 8, although it currently holds a rating of 0. For secondary education, Waterloo Collegiate Institute (0.6 km) is available, rated at 6.3, while Kitchener-Waterloo Collegiate and Vocational School (2.9 km) boasts a rating of 7. Additionally, St. David Catholic Secondary School (1.0 km) is a strong option for those seeking a Catholic education, rated at 7.4. For younger students, Our Lady of Lourdes Catholic Elementary School (1.9 km) serves grades JK to 8 with a rating of 6.5. Overall, the area offers a diverse range of educational options in both public and Catholic systems, ensuring quality education for children of all ages. This accessibility to schools enhances the property's appeal, providing a supportive environment for family growth and development.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 2,340 residents, with an average household size of 1.9 individuals. The demographic profile is predominantly young, with an average age of 26.3 years. The average household income stands at $41,400, indicating a significant portion of the population, approximately 40.6%, lives in low-income conditions. A striking 78.41% of the residents are single, while only 17.31% of households include children, suggesting a youthful and possibly transient community. The area is characterized by a high percentage of renters, at 94.04%, with condos making up 79.82% of the housing market, reflecting a preference for multi-family living arrangements. Additionally, 17.94% of the population consists of immigrants, contributing to the area's diversity. Educational attainment is relatively high, with 59.39% of residents holding a college or university degree. However, 32.99% of the population is not in the labor force, which may impact the local economy. The average property price in the area is $440,000, which could be considered relatively high given the average income levels, indicating potential challenges for affordability in the housing market.