$ 250,000

312 - 321 Spruce Street, Waterloo

Excellent Investment Opportunity. 1+1 Corner Condo Unit Located In The Center Of University Town In Waterloo. Steps Away from Wilfred Laurier University, University Of Waterloo And Conestoga College. The unit features a well-designed layout, quartz countertops, premium laminate flooring throughout, in-suite laundry, and comes with furniture (sold as-is). The bright den includes two windows and can serve as a second bedroom. A weekly cleaning service costing $126.72 per month makes the unit easier to rent out and generates higher rental returns. The building offers excellent amenities, including a gym, shuttle service, keyless entry system, guest suites, a rooftop terrace, and more. The current tenant will move out on May 31, 2026. The seller is highly motivated - don't miss out on this prime opportunity! (id:1945)
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Property details for 312 - 321 Spruce Street, Waterloo

Type
Apartment
Bedrooms
2
Bathrooms
1
Basement
None
Parking
No Garage
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Concrete
Ownership
Condo/Strata
Annual Taxes
$3,414
Condo Fee
$705 / Monthly

Nearby Listings Stat

Estimated price and comparable properties near 312 - 321 Spruce Street

Active Listings
38
Min Price
$250,000
Max Price
$760,000
Avg Price
$392,734
Days on Market
96
days
Sold Listings
16
Min Sold Price
$229,900
Max Sold Price
$499,999
Avg Sold Price
$391,606
Days until Sold
87
days

Neighbourhood Census Data

Waterloo, Ontario

Population
1,085
Median Age
22
Median Income
$9,456

Housing Tenure

Renters 96%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.3
Pop. Density: 3,308.9/km²
Owners with Mortgage: 0%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 70.9%
English only: 92.6%
English and French: 5.5%
Neither: 1.8%
Median Household Income: $22,144
Median Employment Income: $12,480

Price History

Listed
April 30, 2026
by HOMELIFE LANDMARK REALTY INC.
Current Price
$250,000
-5.7% from last change
Type
Apartment
For Sale
Price Changes
2
Date Price Change
Current $250,000 $15,000 (-5.7%)
Sep 4, 2026 $265,000 $10,000 (-3.6%)
Jul 27, 2026 $275,000 Listed

Contact Agent Get in touch about 312 - 321 Spruce Street, Waterloo

ROY LI
HOMELIFE LANDMARK REALTY INC.