102 - 321 SPRUCE Street
Waterloo, Ontario
2 bed • 2 bath • Single Family
Exceptional Investment Opportunity - Prime Location Near Top Universities! Just steps from University of Waterloo, Wilfrid Laurier University, and Conestoga Collage. Offering nearly 1,000 sq. ft. of modern living space over 2 levels, this spacious 1-bedroom suite can easily be converted into a 2-bedroom layout, maximizing your rental income or personal living space. The unit also features a separate entrance, offering added flexibility and privacy. Highlights include: Keyless entry for added security and convenience High-end laminate flooring throughout Weekly housekeeping services available - enjoy the comfort of hotel-style living Vacant and move-in ready - start earning rental income immediately With high income potential and location that's perfect for students and professionals alike, this property is ideal for investors or first-time buyers looking for exceptional value. ?? Location, layout, and lifestyle - this unit has it all. Act fast before it's gone!
Price History
Schools
Secondary
- Waterloo Collegiate Institute0.2 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
- St David Catholic Secondary School0.5 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
- 1,029
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,029 recorded sales of single family properties in Waterloo over the last 12 months.
Location
Mortgage Calculator
$53,000
Estimated Monthly Payment
$1,302
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,302/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $66/mo
Estimates only. Consult a financial advisor.