C637 - 330 Phillip Street

Introducing a remarkable opportunity to acquire a condo for sale in Waterloo , located at 330 Phillip Street, Waterloo. This sleek and modern condominium unit is situated in a highly sought-after area, just a stone's throw from the prestigious University of Waterloo and within walking distance of Wilfrid Laurier University. This prime location makes it an ideal choice for professionals, students, or anyone seeking a vibrant urban lifestyle.

The condo for sale in Waterloo features a contemporary design, characterised by a robust concrete exterior that not only ensures durability but also adds to the modern aesthetic of the building. This apartment-style condo is perfect for those who appreciate a stylish living environment. With a total of four rooms, including two spacious bedrooms and a den, this unit offers ample space for comfortable living. The den is particularly versatile, large enough to serve as a third bedroom or a cosy study area, complete with a television setup.

At 330 Phillip Street, Waterloo, you will find two well-appointed bathrooms, providing convenience for both residents and guests. The flat kitchen is equipped with granite countertops, stainless steel appliances, and a tasteful backsplash, making it a delightful space for culinary enthusiasts. Although there is no additional kitchen, the layout is designed to maximise functionality and comfort. The absence of a family room is compensated by the spaciousness of the living areas, ensuring that you have plenty of room to entertain or relax.

Central air conditioning provides a refreshing escape during the warmer months, ensuring that your living environment remains comfortable year-round. However, it is worth noting that this condo for sale in Waterloo does not include a fireplace, which may be a consideration for those who enjoy the warmth and ambience that a fireplace can provide. Additionally, there is no central vacuum system, but the unit is unfurnished, allowing you the freedom to personalise the space to your liking.

Parking is conveniently located in an underground garage, although there is no designated parking space included with this unit. This aspect may be beneficial for those who prefer to utilise public transport or are looking for a low-maintenance lifestyle without the need for a vehicle. The absence of a pool may be a consideration for some, but the vibrant community and surrounding amenities more than compensate for this.

The location of 330 Phillip Street, Waterloo, is truly advantageous. With the University of Waterloo nearby, residents can enjoy a lively atmosphere filled with academic pursuits and cultural events. The proximity to Wilfrid Laurier University further enhances the appeal of this condo for sale in Waterloo, making it an excellent investment opportunity for those looking to capitalise on the rental market. The potential for decent cash flow is significant, particularly given the demand for housing in this bustling area.

Moreover, the absence of additional land and a basement simplifies maintenance and upkeep, allowing residents to focus on enjoying their living space and the vibrant surroundings. The availability of internet connectivity ensures that you can stay connected, whether for work or leisure, making this condo a practical choice for modern living.

In summary, this condo for sale in Waterloo at 330 Phillip Street, Waterloo, presents a unique opportunity to embrace a lifestyle of convenience, style, and comfort. With its spacious layout, modern amenities, and prime location, it is ideal for anyone seeking a vibrant urban experience. Whether you are a professional, a student, or an investor looking for a solid opportunity, this property is worth considering. Don't miss out on the chance to make this exceptional condo your new home.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Within a 2 km radius, you will find a variety of educational institutions catering to different needs. Winston Churchill Public School, just 1.2 km away, offers elementary education from JK to grade 6 and boasts an impressive rating of 4.9. For older students, Waterloo Collegiate Institute, located 0.8 km away, provides secondary education for grades 9 to 12 with a rating of 6.3. Additionally, the area features several Catholic schools, including Our Lady of Lourdes Catholic Elementary School and St. David Catholic Secondary School, both within 2 km and rated 6.5 and 7.4 respectively. For families interested in French-language education, Keatsway Public School and Sir Edgar Bauer Catholic Elementary School are also nearby, offering programs in French. Overall, this property is surrounded by a diverse selection of schools, ensuring that children have access to quality education at every stage of their development.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 3,283 residents, with an average household size of 2. The demographic is notably young, with an average age of 24.4 years. The average household income stands at $40,320, and a significant portion of the population, 47.9%, is classified as low-income. The real estate market reflects a median price of $480,000, while a substantial majority of the residents, 90.85%, are renters, with 80.72% living in condominiums. The community is predominantly single, with 87.69% of individuals not married, and only 8.33% of households include children. Additionally, the area has a diverse population, with 17.75% of residents being immigrants. Education levels are relatively high, as 54.09% of the population holds a college or university degree. However, a notable 43.48% of the residents are not in the labor force, indicating potential economic challenges. Overall, this demographic profile suggests a vibrant, youthful community with a high percentage of renters and a significant number of individuals pursuing higher education, albeit with challenges related to income and employment.