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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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318 Spruce Street #1202 Waterloo
For SaleWaterloo

318 Spruce Street #1202 Waterloo, Condo Apartment for Sale

MLS® X14111422

Waterloo, ON

14 days on market
$499,900
Show on Map
Show on Map
3Beds
2Baths
950Sqft
1Parking
Pet Friendly
Condo Apartment

Overview· 318 Spruce Street #1202 Waterloo

MLS® #X14111422

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.

Inclusions

Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer

Broker

REAL BROKER ONTARIO LTD.

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Walk Score®87Very WalkableVery Walkable
Transit Score®64Good TransitGood Transit
Bike Score®—Not rated for cyclingNot rated for cycling
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
Pet Friendly100Pets are Welcome

Highlights & Amenities· 318 Spruce Street #1202 Waterloo

Source: MLS® listing data
318 Spruce Street #1202 Waterloo

Condo Apartment

318 Spruce Street #1202 Waterloo

Waterloo

Built

6-10

Type

Condo Apartment

Basement

None

Parking

Underground (1)

Property Tax

~$4,685/yr

Heating

Forced Air

Laundry

In-Suite Laundry

Buying Essentials

Maintenance Fee

$743/mo

Fee Includes

Building Insurance · Heat · Parking

Square Feet

950 sqft

Parking

Underground (1)

Locker

Owned · #40

Finances

List Price

$499,900

Price per SQFT

$526/sqft

Property Tax

~$4,685/yr

Property Specs

Property Type

Condo Apartment

MLS Size

950 sqft

Age of Building

6-10

Exposure

East

Outdoor Space

Open

Basement

None

Living & Amenities

Laundry

In-Suite Laundry

Heating Type

Forced Air

Features

Auto Garage Door Remote

Policies & Utilities

Pets Allowed

Yes-with Restrictions

Neighbourhood

Waterloo

Corp #

WASCC 624

Property Manager

Wilson Blanchard

Listed On

Oct 23, 2026

School

Hospital

Public Transit

Rec./Commun.Centre

Price & Listing History

Days on Market

Current: 14 days

0306090120+

Rooms

Bedroom(Main)

16.2 x 10.0

162 sqft

Kitchen(Main)

9.3 x 8.2

76 sqft

Primary Bedroom(Main)

12.5 x 9.5

119 sqft

Bathroom

4 Pc Bath

—

Bedroom(Main)

11.6 x 10.2

118 sqft

Bathroom

3 Pc Bath

—

RoomsDimensionsFeaturesSqft
Bedroom(Main)16.2 x 10.0—162
Kitchen(Main)9.3 x 8.2—76
Primary Bedroom(Main)12.5 x 9.5—119
Bathroom—4 Pc Bath—
Bedroom(Main)11.6 x 10.2—118
Bathroom—3 Pc Bath—

Rooms

6

Listed Room Area

475 sqft

Source

Estimated from MLS room dimensions

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Nearby Schools

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$2,011/mo
Property Tax$390/mo
Total Monthly$2,401

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

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