
1102 - 318 SPRUCE Street
Waterloo, Ontario
2 bed • 2 bath • Single Family
Welcome to Unit 1102 at 318 Spruce Street, Waterloo: a bright and spacious corner suite offering an exceptional blend of comfort, style, and urban convenience in the heart of the highly sought-after University District. This beautifully designed 2-bedroom plus den residence features an incredible private terrace that creates a true penthouse-style living experience, perfect for relaxing, entertaining, or enjoying breathtaking city views. Thoughtfully laid out with functionality and flexibility in mind, this unit offers two generously sized bedrooms along with a large den that can easily serve as a third bedroom, guest space, or dedicated home office. The suite also features two full bathrooms, making it ideal for families, professionals, students, or investors alike. Natural light pours into the open-concept living space through large windows, enhancing the bright and airy atmosphere throughout the home. The modern kitchen is equipped with stainless steel appliances, ample cabinetry, and a large island with breakfast bar seating — perfect for casual dining, meal prep, and entertaining guests. The spacious living room seamlessly connects to the remarkable private terrace, offering a rare outdoor retreat seldom found in condo living. In addition, the unit also features a separate balcony off the living area as well as a private walkout balcony from the primary bedroom, providing multiple outdoor spaces to enjoy fresh air and scenic surroundings. Located just steps from the University of Waterloo, Wilfrid Laurier University, shopping, restaurants, cafes, transit, and everyday amenities, this prime location offers unmatched convenience and strong investment potential. Residents of the building enjoy access to fantastic amenities including a fully equipped fitness center, meeting area, and party room. This stunning corner unit combines space, versatility and rare outdoor living opportunities in one of the most desirable communities. Book your showing Today!
Price History
Schools
Secondary
- Waterloo Collegiate Institute0.3 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
- St David Catholic Secondary School0.6 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Bluevale Collegiate Institute2.2 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% met the provincial standard
Elementary
- MacGregor Public School1 km
Public · Waterloo Region DSB · 510 students
- Winston Churchill Public School1 km
Public · Waterloo Region DSB · 320 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 56% met the provincial standard
- ÉÉC Mère-Élisabeth-Bruyère1.4 km
French Catholic · CS catholique MonAvenir · 220 students
Grade 3 reading: 84% met the provincial standard · Grade 6 math: 68% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2L
- Population
- 37,953
- Private dwellings
- 19,681
- Median age
- 29.8
- Average household size
- 2.2
- Median household income
- $69,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Waterloo · last 12 months
- Median sold price
- $691,000
- Homes sold
- 1,040
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,040 recorded sales of single family properties in Waterloo over the last 12 months.
Location
Street View
Mortgage Calculator
$93,000
Estimated Monthly Payment
$2,284
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,284/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $116/mo
Estimates only. Consult a financial advisor.
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