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MLS® X14111422 · Listed by REAL BROKER ONTARIO LTD. Source: TRREB MLS®. THE AGENCY does not represent this listing.

$499,900

1202 - 318 Spruce Street, Waterloo

MLS® X14111422 · 9 days on market

Condo Apartment for sale · 3 bed · 2 bath

Signal

40/100

Soft demand, likely to sit

Likely sale price $484,216

About this property

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.

Property details

Sqft
900 to 999
Parking
1
Annual taxes
$4,685 (2025)
Condo / POTL fee
$743/mo
Basement
None
Style
1 Storey/Apt