2203 - 318 SPRUCE Street
Waterloo, Ontario
3 bed • 2 bath • Single Family
Penthouse Living in the Heart of Waterloo’s University District! Welcome to Unit 2203 at the sought-after Sage Condos, a stunning penthouse suite offering style, space, and convenience in one of Waterloo’s most desirable locations. This beautifully appointed 3-bedroom unit (including a den professionally converted into a third bedroom) features soaring ceilings, modern laminate hardwood flooring, and an abundance of natural light throughout. The open-concept layout is perfect for students, professionals, investors, or families alike. The spacious kitchen is designed for both everyday living and entertaining, complete with a large island and breakfast bar, stainless steel appliances, double sink, and ample cabinetry. The primary suite offers a generous walk-in closet and a private 4-piece ensuite, while a second 3-piece bathroom adds convenience for family members and guests. Step outside to the oversized corner balcony and enjoy elevated penthouse views of the city. The suite is currently furnished, with furniture included, making this an exceptional turnkey opportunity. Residents of Sage Condos enjoy outstanding amenities including a media room, rooftop terrace, fitness center, party room, and guest suites. Ideally located just steps from the University of Waterloo and Wilfrid Laurier University, with shopping, restaurants, cafés, public transit, and everyday conveniences right at your doorstep.
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
- Winston Churchill Public School0.9 km
Public · Waterloo Region DSB · 320 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 56% met the provincial standard
- MacGregor Public School1 km
Public · Waterloo Region DSB · 510 students
- 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
- $695,000
- Homes sold
- 1,031
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,031 recorded sales of single family properties in Waterloo over the last 12 months.
Location
Mortgage Calculator
$99,980
Estimated Monthly Payment
$2,456
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,456/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $125/mo
Estimates only. Consult a financial advisor.
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