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Unknown for 251 Hemlock St #108, Waterloo Ontario N2L 0H2
Re-listed 48 days ago

251 Hemlock St #108, Waterloo, Ontario N2L 0H2

In the same building:
-
Condo
2
2
~700-799 sqft
$•••,•••
$465,000
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Condo
2
2
~700-799 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$623/sqft

Est. Mortgage$1,997/mo

Tax Amount (2024)$2,723/yr

Maintenance fees$424/mo

Days On Market48 days

Total Days On Market88 days


Description

Welcome to SAGE 6 at 251 Hemlock Street! Situated in an enviable location near Wilfrid Laurier University & the University of Waterloo, this 2 bed, 2 full bath, Fully-Furnished unit presents an excellent prospect for both parents of students and savvy investors alike. Market rent is estimated at $2,500 per month. Mainly student tenants. No worry about tenants staying too short nor too long. 3-4 years' term is perfect to reset the rent and bring new tenants. Ever-expanding red hot University of Waterloo keeps condo assets rising at a fast pace. This vacant condo provides an ideal setup for roommates with two 4-pc bathrooms. 11 feet High Ceiling. The kitchen features stainless steel appliances & granite countertops. Additionally, enjoy the convenience of in-suite laundry. Terrace facing inside lane, quiet & easy to access and move stuff. Beyond the unit itself, the building offers an array of amenities: Ensuite Laundry, well-equipped Fitness Room, Rooftop Terrace, Garden, Lounge with Meeting/Study Room, Wet Bar and Secure Bike Parking. Low Maintenance includes Building Insurance, Common Elements, Heat, Water, High Speed Internet! With its proximity to both universities, as well as nearby amenities such as shopping plazas and libraries, this property is perfectly positioned. Plus, with easy access to public transportation, getting around has never been easier. Don't miss this Gem!


Upcoming Open House

May 17Sat2:00 PM - 5:00 PM

Property Details

StyleApartment
View-
Age of property6-10
SqFt~700-799 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberX12046862
Community NameColumbia
Data SourceTRREB
Listing byCRIMSON ROSE REAL ESTATE INC.

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Dining

0.0 x 0.0

Combined W/Living / Laminate / W/O To Garden

Living

0.0 x 0.0

Laminate / Open Concept / Combined W/Dining

2nd Br

0.0 x 0.0

Laminate / Closet / Window

Laundry

0.0 x 0.0

Ceramic Floor


Features

Patio: Terr
Balcony: Terr

1Story
Elevator
Amenities

Bike Storage, Exercise Room, Recreation Room, Rooftop Deck/Garden, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Mar 28, 2025
Listed for
$465,000
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Re-listed
$•••,•••
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Re-listed
$•••,•••
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Re-listed
$•••,•••
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Re-listed - Price change
$•••,•••
48 days on market
history photo preview39
Listing by trreb®
Property listed by CRIMSON ROSE REAL ESTATE INC., Brokerage

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Market Data - Columbia

Geo Zone Map ThumbnailColumbia

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

49 days

Compared to

2024

32 days

2023

35 days

2022

13 days

New Listings

Past 30 days

46 listings

Compared to

2024

45 listings

2023

35 listings

2022

62 listings

Units sold

Past 30 days

5 units

Compared to

2024

15 units

2023

21 units

2022

18 units

Median Sold Price

Past 30 days

$455,000

Compared to

2024

$415,000

2023

$488,000

2022

$542,500


Population and Demographics

Overview

Total population 7359
Average household income $71,241

Age (%)

20 to 34
64%
0 to 19
15%
35 to 49
9%
50 to 64
7%
65 and plus
5%

Household composition (%)

Single person
40%
Multi person
32%
Single family
28%
Multi family
0%

Mother tongue (%)

English
56%
Mandarin
17%
Hindi
5%
Others
3%
Punjabi (Panjabi)
3%
Arabic
3%
Gujarati
2%
Spanish
2%
Telugu
1%

House tenancy (%)

Renters
86%
Owners
14%

Schools and amenities

Transportation Scores

Estimated Budget