329 Spruce Street
Waterloo, ON
- 14 bed
- 6 bath
- approx. 2000-2500 sqft
- Multiplex
- 96 days on market
Plan Approved! Ready For Building Permit! 329 and 331 Spruce, 2 Assembled Lots To Be PurchasedTogether! Approved Plan For A 9-Storey Student Residence Featuring 88 Bedrooms! ExceptionalOpportunity For Builders, Developers And Investor In Prime Location Just Steps From Campus!Currently Income Generating And Professionally Managed! Turnkey Operation For Investors LookingTo Hold And Benefit! Conveniently Located Within Walking distance Of University, Shopping,Public Transit, Employment Centres, Parks And More! Rare Chance To Secure A High-PotentialDevelopment Site In Sought-After Location!
Listing Details
- Taxes (2025)
- $12,207
- Listed
- June 2, 2026
Price History
Property
- Style
- Other
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Other
- Lot Size
- 52.06 x 145.87 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 7
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- King/Columbia
- Parcel Number
- 223610033
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- Gas Forced Air And Electric Baseboard Heat In Different Areas. Water Heaters Owned. Dishwasher, Washer & Dryer, Stove, Fridge, Included In Each Unit. Second Fridge In Unit 1.
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
Residential Freehold in Waterloo · last 12 months
- Median sold price
- $695,000
- Homes sold
- 1,034
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,034 recorded sales of residential freehold properties in Waterloo over the last 12 months.
Listed by
SUTTON GROUP-ADMIRAL REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$1,196,000
Estimated Monthly Payment
$29,378
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $29,378/mo (20% down, 5.5%)
Taxes: $1,017/mo · Insurance: $1,495/mo
Estimates only. Consult a financial advisor.
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