New Listing
$499,900
 $2,684 est/mo Sourced by Back At You

318 Spruce Street Unit# 1202,Waterloo, ON N2L3H6

Waterloo, ON N2L3H6

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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. (id:13843)

Details

MLS #40872985
Listing TypeFor Sale
StyleCondominium
Strata Fees$743
StatusActive
Year2016
Days On Site6
Listing Provided ByReal Broker Ontario Ltd. | JASON O'KEEFE

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet957
Story(s)1
ZoningGR

Interior

CoolingCentral air conditioning
HeatingForced air, Natural gas
AppliancesWasher, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Fireplace Yes / NoNo

Exterior

Lot FeaturesBalcony, Automatic Garage Door Opener
Construction MaterialsConcrete block, Concrete Walls

Parking

Parking FeaturesUnderground, None
Parking Total1

Utilities

SewerMunicipal sewage system
Water SourceMunicipal water, Community Water System

Taxes

Tax Annual Amount4685

Area Information

ProvinceON
CityWaterloo
Postal CodeN2L3H6
Community Name417 Beechwood/University
Listing VS Median (in 417 Beechwood/University)
Price:
$499,900
low | high
Med:
$379,900
74.004800960192% of Average
sqft:
957
low | high
Med:
1,596
16.771159874608% of Average
$ / sqft:
$522
low | high
Med:
$238
100% of Average
On site:
6
low | high
Med:
139
4.31654676259% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityWaterloo
Postal CodeN2L3H6
Community Name417 Beechwood/University
Listing VS Median (in 417 Beechwood/University)
Price:
$499,900
low | high
Med:
$379,900
74.004800960192% of Average
sqft:
957
low | high
Med:
1,596
16.771159874608% of Average
$ / sqft:
$522
low | high
Med:
$238
100% of Average
On site:
6
low | high
Med:
139
4.31654676259% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $374K - $624K
sqft: 718 - 1,000
Listing Updated: October 23, 2026 at 10:00:51 AM PDT