S1705 - 330 Phillip Street

Welcome to your new home at 330 Phillip Street, Waterloo! This charming apartment for sale in Waterloo is a fantastic opportunity for anyone looking to invest in a prime location or simply enjoy the vibrant lifestyle that this area has to offer. Nestled in the heart of the Beechwood/University community, this one-bedroom condo is perfect for students, professionals, or anyone who appreciates the convenience of living close to the University of Waterloo.

As you step into this lovely apartment for sale in Waterloo, you'll immediately notice the well-thought-out layout. With a total of six rooms, this one-storey condo boasts a spacious living area filled with natural light, thanks to the floor-to-ceiling windows that create an airy atmosphere. Although it features one bedroom, the design allows for versatile living, making it feel like a two-bedroom configuration, which is quite rare in this market.

The kitchen, located on the main floor, is a chef's dream. It comes equipped with a sleek L-shaped quartz countertop, perfect for casual dining or entertaining friends. You'll find modern stainless steel appliances, including a built-in microwave, dishwasher, dryer, refrigerator, and washer, all designed to make your life easier. The kitchen also features a range hood with an external vent, ensuring that any cooking fumes are swiftly eliminated, keeping your home fresh and inviting.

The bedroom in this apartment for sale in Waterloo is a peaceful retreat, featuring a large window that not only allows for plenty of natural light but also provides excellent ventilation. The well-utilised bathroom is conveniently located nearby, making it easy to maximise the available space. While there is no den in this unit, the clever layout ensures that every inch is thoughtfully designed to provide comfort and functionality.

Living at 330 Phillip Street, Waterloo, means you'll have access to a range of amenities that enhance your lifestyle. The building features secure entry and a 24-hour concierge service, providing peace of mind and a sense of security. You can also enjoy a variety of communal spaces, including a gym, game room, and media room, perfect for unwinding after a long day or socialising with neighbours.

Although there is no pool in the building, the vibrant surroundings more than make up for it. Step outside, and you'll find a plethora of restaurants and dessert shops right at your doorstep. Whether you're in the mood for a quick bite or a leisurely meal, you'll have plenty of options to choose from. Plus, with a Starbucks conveniently located beside the building, your caffeine fix is just a stone's throw away.

Parking is a breeze with one designated garage space, ensuring you never have to worry about finding a spot after a long day. The apartment is unfurnished, allowing you to personalise the space to your taste and style. With central air conditioning and forced air heating, you can enjoy a comfortable living environment year-round.

For those considering this apartment for sale in Waterloo as an investment, the potential rental income is quite attractive, estimated at around £2400 per month. This makes it an excellent choice for anyone looking to enter the rental market or simply wanting a place to call home while enjoying the benefits of living in such a desirable area.

In summary, 330 Phillip Street, Waterloo, offers a unique opportunity to own a stylish and well-appointed condo in a prime location. With its thoughtful design, modern amenities, and vibrant community, this apartment for sale in Waterloo is not to be missed. So, what are you waiting for? Contact your agent today to schedule a viewing and see for yourself all that this fantastic property has to offer!

The Beechwood/University area in Waterloo is a vibrant and picturesque neighbourhood that seamlessly blends natural beauty with academic vitality. Nestled near the University of Waterloo and Wilfrid Laurier University, this community is characterised by its tree-lined streets, charming residential homes, and an abundance of green spaces, including parks and trails that invite outdoor activities. The proximity to the universities fosters a lively atmosphere, with a diverse population and a variety of amenities, including cafes, shops, and cultural venues. Whether you’re a student, a professional, or a family, Beechwood/University offers a welcoming environment that balances the tranquillity of suburban living with the dynamic energy of university life.

Schools in the Neighbourhood

This property is ideally situated near a variety of educational institutions, making it a great choice for families. Within a short distance, you'll find Winston Churchill Public School, an elementary school rated 4.7, just 1.1 km away, offering grades JK to 6 in English. For older elementary students, MacGregor Public School, located 1.3 km from the property, serves grades 7 to 8 but currently has a rating of 0. Nearby, Waterloo Collegiate Institute, a secondary school rated 6.9, is only 0.8 km away, catering to grades 9 to 12. Keatsway Public School, offering French instruction for grades 1 to 6, is 1.9 km away with a rating of 6.6. For Catholic education, Our Lady of Lourdes Elementary School is 2.1 km away with a rating of 6.3, while St. David Catholic Secondary School, rated 7, is just 1.1 km away. Additionally, Kitchener-Waterloo Collegiate and Vocational School is 3.4 km away, providing French instruction for grades 9 to 12 with a rating of 6.7. This diverse range of schools ensures quality education options for children of all ages.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, youthful population of 3,283 residents, with an average age of 24.4 years. Households typically consist of two individuals, with a significant portion (87.69%) of the population being single. The average household income stands at $40,320, with nearly half (47.9%) of residents classified as low-income. Housing in the area is predominantly rental, with 90.85% of residents renting their homes, and a notable 80.72% living in condominiums. Families with children are rare, comprising only 8.33% of households. The community also has a diverse background, with 17.75% of residents being immigrants. Educational attainment is relatively high, as 54.09% of the population holds a college or university degree. However, a significant portion of the population (43.48%) is not participating in the labor force, indicating potential challenges in employment opportunities. The average property price in the area is $480,000, reflecting the demand for housing despite the high percentage of renters. Overall, this area presents a unique blend of youthful energy, educational aspirations, and economic challenges.