A502 - 275 Larch Street

Introducing a remarkable opportunity to own a modern condo apartment located at 275 Larch Street, Waterloo. This stylish apartment for sale in Waterloo is nestled within a contemporary mid-rise building, perfectly positioned within walking distance to an array of essential amenities, including grocery stores, health clinics, shopping outlets, and fitness centres. Its prime location also places it in close proximity to the esteemed University of Waterloo, Wilfrid Laurier University, and Conestoga College, making it an ideal choice for students or professionals seeking convenience and accessibility.

This apartment for sale in Waterloo boasts a well-thought-out floor plan, featuring one spacious bedroom and a den, which can serve as an additional study or guest room. The apartment includes two bathrooms, ensuring that residents have ample facilities for their needs. With a total of five rooms, this unit offers a comfortable living space that is both functional and inviting. The kitchen is designed in a flat style, allowing for efficient use of space, and it is unfurnished, providing you with the freedom to customise it to your personal taste.

At 275 Larch Street, Waterloo, you will appreciate the benefits of central air conditioning, ensuring a comfortable atmosphere throughout the year. Although there is no fireplace or pool, the absence of these features allows for a more streamlined living experience, focusing on the essentials. Furthermore, this apartment is equipped with internet access, making it an excellent choice for those who require connectivity for work or study.

The modern brick exterior of the building adds to its appeal, while the absence of a basement or additional land means that maintenance is kept to a minimum. This apartment for sale in Waterloo is relatively new, with an age range of 0-5 years, ensuring that you will be investing in a property that is up to date with contemporary standards and design.

One of the standout features of this unit is the long balcony that extends from both the bedroom and the living room/dining area. This outdoor space is perfect for studying, relaxing, or simply enjoying the sunlight and fresh air. The balcony enhances the overall living experience, providing a serene escape within the bustling environment of Waterloo.

While the apartment is unfurnished, it offers a blank canvas for you to create your ideal living space. The previous furnishings included two beds, two mattresses, two desks, a wardrobe, a couch, a coffee table, two bedside tables, a kitchen table with four chairs, a TV, and a TV stand. Although these items are not included in the sale, the potential for personalisation is significant, allowing you to tailor the apartment to your preferences.

Parking is available in an underground garage, although this unit does not come with a designated parking space. However, the convenience of the location means that residents can easily access public transport and nearby amenities without the need for a vehicle.

This apartment for sale in Waterloo is not just a home; it is an investment opportunity. It is perfect for parents looking to secure accommodation for their children attending local universities, with the potential for future rental income. The inclusion of internet and utilities in the maintenance fees further adds to the appeal, making it a hassle-free choice for prospective buyers.

In summary, 275 Larch Street, Waterloo, presents a unique opportunity to acquire a modern, well-located condo apartment for sale in Waterloo. With its thoughtful layout, proximity to educational institutions, and array of nearby amenities, this property is poised to meet the needs of both students and professionals alike. Don’t miss your chance to make this exceptional apartment your own!

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. The closest school is Waterloo Collegiate Institute, just 0.3 km away, offering secondary education for grades 9 to 12 with a solid rating of 6.3. For elementary education, Winston Churchill Public School is only 1.0 km away, catering to students from JK to grade 6 and boasting an impressive rating of 4.9. MacGregor Public School, located 0.8 km away, serves grades 7 to 8 but currently has no rating. Additionally, Elizabeth Ziegler Public School, which offers French-language instruction for grades 1 to 6, is 2.1 km away with a rating of 6. St. David Catholic Secondary School, also 0.8 km away, provides secondary education with a commendable rating of 7.4. For those interested in Catholic education, Our Lady of Lourdes Catholic Elementary School and Sir Edgar Bauer Catholic Elementary School are within 2.0 km and 2.5 km, respectively, both offering strong educational programs. Overall, the area is well-served by a mix of public and Catholic schools, ensuring quality education options for children of all ages.

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 is predominantly young, with an average age of 26.3 years. The average household income stands at $41,400, and a significant portion of the population, 40.6%, is classified as low-income. The housing market reflects a high demand for rental properties, with 94.04% of households renting, and a notable 79.82% of these being condominiums. The average property price in the area is $440,000. Socially, the community is characterized by a high percentage of single individuals, comprising 78.41% of the population, while only 17.31% of households include children. Additionally, immigrants make up 17.94% of the population, contributing to the area's diversity. Educational attainment is relatively high, with 59.39% of residents holding a college or university degree. However, a considerable 32.99% of the population is not in the labor force, indicating potential economic challenges. Overall, this demographic profile suggests a vibrant, youthful community with a strong rental market and a diverse population.