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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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331 Spruce Street Waterloo
For SaleWaterloo

331 Spruce Street Waterloo, Multiplex for Sale

MLS® X13230398

Waterloo, ON

157 days on market
$5,980,000
Show on Map
Show on Map
10Beds
9Baths
3,250Sqft
8Parking
Multiplex

Overview· 331 Spruce Street Waterloo

MLS® #X13230398

Plan Approved! Ready For Building Permit! 331 and 329 Spruce, 2 Assembled Lots To Be PurchasedTogether! Approved Plan For A 9-Storey Student Residence Featuring 88 Bedrooms! ExceptionalOpportunity For Builders, Developers And Investor In Prime Location Just Steps From Campus!Currently Income Generating And Professionally Managed! Turnkey Operation For Investors LookingTo Hold And Benefit! Conveniently Located Within Walking distance Of University, Shopping,Public Transit, Employment Centres, Parks And More! Rare Chance To Secure A High-PotentialDevelopment Site In Sought-After Location!

Inclusions

Gas Forced Air And Electric Baseboard Heat In Different Areas. Water Heaters Owned. Dishwasher, Washer & Dryer, Stove, Fridge, Included In Each Unit. Second Fridge In Unit 1.

Broker

SUTTON GROUP-ADMIRAL REALTY INC.

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Walk Score®86Very WalkableVery Walkable
Transit Score®64Good TransitGood Transit
Bike Score®73Very BikeableVery Bikeable
Schools709 schools within 1.5 km · nearest 305 m9 schools within 1.5 km · nearest 305 m
Parks514 parks within 1 km · nearest 392 m4 parks within 1 km · nearest 392 m
Convenience9337 groceries, cafes and pharmacies within 1 km · nearest 14 m37 groceries, cafes and pharmacies within 1 km · nearest 14 m
Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 331 Spruce Street Waterloo

Source: MLS® listing data
331 Spruce Street Waterloo

Multiplex

331 Spruce Street Waterloo

Waterloo

Type

Multiplex

Basement

Apartment, Walk-Up

Parking

None (8)

Property Tax

~$19,860/yr

Heating

Forced Air

Buying Essentials

Square Feet

3250 sqft

Facing Direction

West

Parking

None (8)

Finances

List Price

$5,980,000

Price per SQFT

$1,840/sqft

Property Tax

~$19,860/yr

Property Specs

Property Type

Multiplex

MLS Size

3250 sqft

Basement

Apartment, Walk-Up

Living & Amenities

Heating Type

Forced Air

Features

Other

Policies & Utilities

Neighbourhood

Waterloo

Listed On

Jun 2, 2026

Public Transit

School

Price & Listing History

Days on Market

Current: 157 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$24,053/mo
Property Tax$1,655/mo
Total Monthly$25,708

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0