6 days on market
$499,900
For Sale

Spruce Street

Waterloo

3 Bed|2 Bath|Yes|6 days on market

$000000

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Home Details

Maintenance
$743.19 / month
Taxes
$391 / month
Total Parking Spots
1
Garage Spaces
1
Furnished
No
Move-in Date
Flexible
Hydro Included
No
Heating
Forced Air
Water Included
No
Family Room
Yes
Basement
None
Fireplace
N
Air Conditioning
Central Air
Central Vaccum
No
Laundry Access
In-Suite Laundry
Exterior
Concrete Block
Zoning
GR
Property Type
Residential Condo & Other
Status
New
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Listing Description

Turnkey investment in Waterloo's University District! Unit 1202 at 318 Spruce Street is a 3-bedroom, 2-bathroom condo with tenants already in place, so a buyer takes over an existing lease rather than starting from a vacant unit. Located steps from the University of Waterloo and Wilfrid Laurier University, this suite sits in a well-known rental area of Kitchener-Waterloo that is popular with students and young professionals. The suite features 3 bedrooms, two full bathrooms, a kitchen with granite countertops and stainless steel appliances, and in-suite laundry. It's a practical layout for a rental, with a bedroom count and in-suite laundry that tenants in this area look for. Close to transit, shopping, restaurants and everything uptown Waterloo has to offer. Whether you're adding to your portfolio or buying your first investment property, this one is worth a look.

Building Amenities

School
Hospital
Public Transit
Rec./Commun.Centre

Mortgage Calculator

Your estimated monthly payment for 318 Spruce Street1202 is 3,598

Price

$

Rate

%

Ammortization

Down Payment

$

Total Mortgage


Purchase Price$499,900
Down Payment$99,980
Mortgage Insurance$0
Total Mortgage$399,920

Monthly Payment


Mortgage Payment$2,464
Property Taxes$390
Maintenance Fees$743
Monthly Payment$3,598
$3,598
monthly

About Spruce Street, Waterloo

Located at 318 Spruce Street Unit #1202, this Waterloo condo is available for sale. This property was listed for $499,900 on Fri Oct 23 2026. It has 3 bedrooms and 2 bathrooms. Monthly maintenance is $743 per month and taxes are approximately $4,685 annually. The property's amenities include School, Hospital, Public Transit, Rec./Commun.Centre. The property includes the following rooms: . This property comes with 1 parking spots.


MLS#: undefined · $499,900 · 3 bedroom condo in Waterloo