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2 - 318 Spruce Street

2 - 318 Spruce Street

Waterloo, ON

3 bed • 2 bath • approx. 900-999 sqft • Condo Apartment • 130 days on market

$510,000

Welcome to this bright and versatile condo offering over 900 sq. ft. of well-designed living space in the heart of Waterloo. This unit features 3 bedrooms, including a primary bedroom with its own private ensuite bathroom, plus an additional 3-piece bathroom for added convenience. The original living room has been thoughtfully converted into a third bedroom, providing extra flexibility for families - space can easily be reverted back to a living area if desired. The unit includes a functional kitchen, in-suite laundry, and a comfortable layout. One underground parking space and a storage locker are also included. Residents can enjoy fantastic building amenities, including a gym, entertainment space, and a BBQ area on the fourth floor-perfect for relaxing or hosting guests during the summer months. Located close to universities, transit, and everyday amenities, this property offers excellent value in a highly sought-after area.

Listing Details

Taxes (2025)
$4,685
Listed
April 13, 2026

Price History

Property

Style
1 Storey/Apt
Construction
Brick
Interior
Auto Garage Door Remote, Other

Utilities

Heat Source
Gas

Location & Legal

Cross Street
Spruce St & Hickory St W
Parcel Number
236240155
Possession
60-89 days

Commercial

Occupancy
Tenant

Included

Inclusions
Dishwasher, Dryer/Washer, Garage Door Opener, Microwave, Range Hood, Refrigerator, Stove, Window Coverings

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 School0.9 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

Residential Condo & Other in Waterloo · last 12 months

Median sold price
$695,000
Homes sold
1,028
Median days on market
21
Sale-to-list price
99.8%

Based on 1,028 recorded sales of residential condo & other properties in Waterloo over the last 12 months.

Rooms

2 × 3-piece on Main

Main

  • Bedroom14' x 12'
  • Bedroom 216' x 12'
  • Bedroom 318' x 14'
  • Kitchen11' x 12'

Listed by

COMFREE

Location

Mortgage Calculator

$102,000

Estimated Monthly Payment

$2,505

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,505/mo (20% down, 5.5%)

Taxes: $390/mo · Insurance: $128/mo

Estimates only. Consult a financial advisor.

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