Turnkey investment in Waterloo's University District! Unit 1202 at 318 Spruce Street is a 3-bedroom, 2-bathroom condo with tenants already in place, so a buyer takes over an existing lease rather than starting from a vacant unit. Located steps from the University of Waterloo and Wilfrid Laurier University, this suite sits in a well-known rental area of Kitchener-Waterloo that is popular with students and young professionals. The suite features 3 bedrooms, two full bathrooms, a kitchen with granite countertops and stainless steel appliances, and in-suite laundry. It's a practical layout for a rental, with a bedroom count and in-suite laundry that tenants in this area look for. Close to transit, shopping, restaurants and everything uptown Waterloo has to offer. Whether you're adding to your portfolio or buying your first investment property, this one is worth a look.
For sale
C$499,900
318 Spruce St Unit 1202, Waterloo, ON N2L 0E9
3beds
2baths
Apartment
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$743/mo HOA
What's special
Kitchen with granite countertopsStainless steel appliancesIn-suite laundry
- 1 day
- 3
- 0
Zillow last checked:
Listing updated:
Listed by:
REAL BROKER ONTARIO LTD.
Source: TRREB,MLS®#: X14111422
Originating MLS®#: Toronto Regional Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Primary bedroom
- Level: Main
- Dimensions: 3.81 x 2.9
Bedroom
- Level: Main
- Dimensions: 3.53 x 3.1
Bedroom
- Level: Main
- Dimensions: 4.93 x 3.05
Kitchen
- Level: Main
- Dimensions: 2.82 x 2.49
Heating
- Forced Air, Gas
Cooling
- Central Air
Appliances
- Laundry: In-Suite Laundry
Features
- Basement: None
- Has fireplace: No
Interior area
- Living area range: 900-999 null
Property
Parking
- Total spaces: 1
- Parking features: Private, Garage Door Opener
Features
- Stories: 1
- Exterior features: Open Balcony
Lot
- Features: School, Hospital, Public Transit, Rec./Commun.Centre
Details
- Parcel number: 236240155
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Materials
- Concrete Block
- Roof: Flat
Community & HOA
HOA
- Services included: Building Insurance Included, Heat Included, Parking Included
- HOA fee: C$743 monthly
- HOA name: WASCC
Location
- Region: Waterloo
Financial & listing details
- Tax assessed value: C$342,000
- Annual tax amount: C$4,685
- Date on market: 10/23/2026
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: N2L
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.







