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MLS® X13230398
Waterloo, ON
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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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
Days on Market
Current: 157 days
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