H204 - 62 Balsam Street

Welcome to your future home at 62 Balsam Street, Waterloo! This delightful apartment for sale in Waterloo is situated in the heart of the vibrant university district, making it an ideal choice for students, parents, or investors seeking a prime property in one of Canada’s leading academic hubs. Just a stone's throw from Wilfrid Laurier University, Conestoga College's Waterloo campus, and the University of Waterloo, this location is perfect for those who wish to immerse themselves in the lively atmosphere of student life while enjoying the comforts of modern living.

This spacious condo apartment, located on the second floor of the Sage III Hickory Suites Building, boasts a contemporary design that is both stylish and functional. With a total of seven rooms, including one generous bedroom and two well-appointed bathrooms, this apartment for sale in Waterloo offers ample space for relaxation and entertaining. The open-concept kitchen is a highlight, featuring sleek modern finishes that make cooking a pleasure. You’ll find all the essential appliances, including a dishwasher, dryer, refrigerator, and stove, ensuring that you have everything you need at your fingertips.

The primary bedroom is a serene retreat, complete with a large closet and a private en suite bathroom that adds a touch of luxury to your daily routine. The additional bathroom is equally well-equipped, providing convenience for guests or housemates. While there is no den in this particular unit, the layout is designed to maximise comfort and utility, making it easy to adapt the space to your needs.

One of the standout features of this apartment for sale in Waterloo is the central air conditioning, which ensures a cool and comfortable environment throughout the warmer months. The forced air heating system provides warmth during the chilly winters, making this home cosy all year round. Although there is no fireplace in this unit, the modern amenities and thoughtful design more than compensate for it, creating a welcoming atmosphere.

For those who value convenience, the secure underground parking is a significant advantage, especially in a bustling area like Waterloo. You can rest easy knowing your vehicle is safe and sound in this well-managed building. The apartment is unfurnished, allowing you the freedom to personalise the space to reflect your style and preferences.

Living at 62 Balsam Street, Waterloo, means you will also benefit from the building’s excellent amenities. The condo fees cover essential services such as heating, cooling, water, and internet, making budgeting a breeze. Additionally, residents have access to a study lounge and a rooftop patio, perfect for socialising or enjoying a quiet moment outdoors. While there is no swimming pool on-site, the rooftop area provides a lovely alternative for relaxation and leisure.

This apartment for sale in Waterloo is not only a comfortable living space but also a smart investment opportunity. Currently rented for $2,357 per month, it offers a solid return for those looking to enter the property market in this thriving community. The age of the building, completed in 2014, means you can enjoy modern conveniences without the worries that often come with older properties.

In summary, if you are searching for an apartment for sale in Waterloo that combines location, style, and functionality, look no further than 62 Balsam Street, Waterloo. This one-bedroom, two-bathroom condo is a rare find in a prime location, perfect for those wanting to embrace the vibrant life that Waterloo has to offer. Don’t miss out on this fantastic opportunity to own a piece of this dynamic community!

The 417 - Beechwood/University area in Waterloo is a vibrant and diverse neighbourhood that beautifully blends residential charm with academic energy. Nestled close to the University of Waterloo, this community boasts an array of amenities, including parks, shops, and cafes, making it an ideal location for students, families, and professionals alike. The tree-lined streets are inviting, and the proximity to educational institutions fosters a lively atmosphere filled with cultural events and social activities. With excellent public transport links and a strong sense of community spirit, 417 - Beechwood/University offers a welcoming environment for anyone looking to settle in this dynamic part of Waterloo.

Schools in the Neighbourhood

This property is ideally situated near several reputable educational institutions, making it an excellent choice for families. Within a short distance, you'll find Winston Churchill Public School, just 1.1 km away, offering elementary education (JK to 6) with an impressive rating of 4.9. MacGregor Public School, located 0.8 km from the property, serves grades 7 to 8, although it currently has a rating of 0. For secondary education, Waterloo Collegiate Institute is only 0.4 km away, providing grades 9 to 12 with a rating of 6.3. Additionally, St. David Catholic Secondary School, 0.9 km from the property, offers a strong Catholic education for grades 9 to 12 and boasts a rating of 7.4. Other nearby options include Our Lady of Lourdes Catholic Elementary School and Elizabeth Ziegler Public School, both offering diverse language programs and solid ratings. With a mix of public and Catholic schools, as well as options for both English and French education, this location provides a comprehensive educational environment that caters to various needs and preferences, ensuring a bright future for your children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of approximately 2,340 residents, characterized by a youthful demographic with an average age of 26.3 years. The average household size is relatively small at 1.9 individuals, and a significant portion of the population, 78.41%, is single. The average household income stands at $41,400, with 40.6% of the population classified as low-income. Housing in the area is predominantly rental, with 94.04% of residents renting their homes, and a large majority of these are condominiums, making up 79.82% of the housing stock. Only 17.31% of households include children, indicating a likely focus on young professionals or students. The community is diverse, with 17.94% of residents being immigrants and a notable 59.39% having attained a college or university education. However, a significant 32.99% of the population is not actively participating in the labor force. The average property price in the area is $440,000, reflecting the demand for housing among the predominantly young and single demographic. Overall, this area presents a vibrant community with a mix of educational attainment and rental housing opportunities.