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    Waterloo / Colonial Acres

    251-255 Northfield Drive & 243 Northfield Drive & 247 Northfield Drive

    Blackstone Condominiums
    1for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    6
    Number of Units:
    70
    Condo Completion:
    2020
    Condo Demand:
    Low
    Unit Size Range:
    549 - 915 SQFT
    Unit Availability:
    Low
    Property Management:
    MF Property Management Ltd.

    Listing History for Blackstone Condominiums

    Receive listing updates for Colonial Acres

    Amenities

    Indoor Parking
    Visitor Parking
    Gym Room
    Concierge
    Rooftop Deck
    Party Room

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Excluded
    Hydro

    About 251-255 Northfield Drive — Blackstone Condominiums

    Blackstone Condominiums stands 6 storeys tall at 251-255 Northfield Drive and contains 70 units. This Waterloo condo was completed in 2020 by Urban Legend Developments. Suite sizes range from 549 square feet to 915 square feet.

    The Suites

    The average cost per-square-foot for a unit at 251-255 Northfield Drive is $641 based on the past 12 months of sales, making this one of the most expensive buildings in the area. These suites have a medium probability of receiving multiple offers.

    Units at Blackstone Condominiums spend 41 days on the market on average and usually sell for -0.06% below the listing price. In the last 12 months, 4 units have rented, and 2 have sold.

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    1

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    Price Trends

    Building Trends At Blackstone Condominiums

    Days on Strata

    Units at Blackstone Condominiums spend an average of
    41
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Colonial Acres

    Turnover of Units

    On average, each unit is owned for
    5
    YEARS before being sold again

    Property Value

    -18%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 13 condos in the Colonial Acres area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    Blackstone Condominiums offers the
    ?
    N/A
    best value out of 13 condos in the Colonial Acres neighbourhood

    Appreciation Rank

    Blackstone Condominiums has the
    ?
    N/A
    highest ROI out of 13 condos in the Colonial Acres neighbourhood

    Rental Yield

    Blackstone Condominiums yields the
    ?
    N/A
    highest rent prices out of 13 condos in the Colonial Acres neighbourhood

    High Demand

    Blackstone Condominiums is the
    ?
    N/A
    most popular building out of 13 condos in the Colonial Acres neighbourhood

    Transaction Insights at 251-255 Northfield Drive

    1 Bed2 Bed
    Price Range$365,000$525,000
    Avg. Cost Per Sqft$700$588
    Avg. Wait for Unit Availability427 Days1064 Days
    Ratio of Units in Building67%34%

    Unit Sales vs Inventory

    Total number of units listed and sold in Colonial Acres