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4 Units W/20 Rms - 327 Spruce Street

4 Units W/20 Rms - 327 Spruce Street

Waterloo, ON

8 bath • 4,311 sqft • Investment • 180 days on market

$2,390,000Price reduced 8%

Fourplex Apartment With 4 Units As Each Units With 5 Rooms And 2 Full 4pcs Washrooms. Open Concept Kitchen, Living Room And Ensuite Laundry In Each Unit. Each Unit Contains Individual High Efficiency Furnances And Air Conditioners. University Of Waterloo, Wilfrid Laurier And Conestoga College Are Just Minutes Away From This Building. High Ceiling Through Out All Units. Fully Renovated Basement. Brand New AC In Unit 2, Brand New Furnace In Unit 1.Just A Minute Walk To Public Transit And Amenities. Each Unit Has An Individual Mail Box. High Demand For Student Rental.

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Listing Details

Taxes (2025)
$19,623
Originally Listed
$2,599,000
Listed
March 1, 2026

Price History

Property

Age
16-30
Lot Size
52.87 x 140.05 Feet

Utilities

Water
Water System
Sewer
Sanitary+Storm

Location & Legal

Cross Street
King St N/Columbia St.
Zoning
Multi-Zone
Parcel Number
223610034
Possession
Flexible

Commercial

Business Type
Apts - 13 To 20 Units
Occupancy
Tenant
Rental Term
48 months

Included

Inclusions
20 Beds, 4 Ac Units, 4 Washer & Dryers, 4 Dining Tables, 8 Refrigerators, Exterior 6 CCTV Cameras With Receiver And All The Electric Fixtures.

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

Commercial in Waterloo · last 12 months

Median sold price
$695,000
Homes sold
1,039
Median days on market
21
Sale-to-list price
99.8%

Based on 1,039 recorded sales of commercial properties in Waterloo over the last 12 months.

Listed by

HOMELIFE/FUTURE REALTY INC.

Walk Score

88

Walk

65

Transit

75

Bike

Scores by Walk Score®

Location

Commercial figures

Building area
4,311 sq ft
Price per sq ft
$554.40
Annual property tax
$19,623
Tax per sq ft
$4.55

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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