Real Estate Market Update: Sales of Waterloo Condos up in April

By on May 10, 2010 in Uncategorized

Brisk Month for Sales of Waterloo Condos

There were 43 condos sold in Waterloo in April 2010 vs 27 in April 2009.

Of interest to real estate investors, there were 4 sales at the Northlake Condos, a complex where several of our clients own rental units.  Three basement units sold for between $133,500 & $134,000, and an upper floor condo sold for $143,200 in multiple offers. 

This building continues to be very desireable for home buyers and real estate investors due to it’s affordable price, great location, and nice condition.

The most affordable condominium sold in Waterloo went for $115,000, and the most expensive condo sold in April went for $360,000

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About Benjamin Bach, KW Commercial Director

Benjamin Bach spends his days helping clients buy and sell investment and commercial real estate in Waterloo Region, Canada (where the Blackberry is from). He serves as Director of KW Commercial, the Commercial Real Estate division of Keller Williams Golden Triangle Realty, and specializes in the acquisition and disposition of development land and income producing assets including apartment buildings, student housing & net-leased commercial buildings.
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