318 Spruce Street, Waterloo, ON

$465,000
MLS#:X13146400
2 beds
2 baths
800-899 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $465,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 800-899 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Intercom
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to Unit 1102 at 318 Spruce Street, Waterloo: a bright and spacious corner suite offering an exceptional blend of comfort, style, and urban convenience in the heart of the highly sought-after University District. This beautifully designed 2-bedroom plus den residence features an incredible private terrace that creates a true penthouse-style living experience, perfect for relaxing, entertaining, or enjoying breathtaking city views. Thoughtfully laid out with functionality and flexibility in mind, this unit offers two generously sized bedrooms along with a large den that can easily serve as a third bedroom, guest space, or dedicated home office. The suite also features two full bathrooms, making it ideal for families, professionals, students, or investors alike. Natural light pours into the open-concept living space through large windows, enhancing the bright and airy atmosphere throughout the home. The modern kitchen is equipped with stainless steel appliances, ample cabinetry, and a large island with breakfast bar seating - perfect for casual dining, meal prep, and entertaining guests. The spacious living room seamlessly connects to the remarkable private terrace, offering a rare outdoor retreat seldom found in condo living. In addition, the unit also features a separate balcony off the living area as well as a private walkout balcony from the primary bedroom, providing multiple outdoor spaces to enjoy fresh air and scenic surroundings. Located just steps from the University of Waterloo, Wilfrid Laurier University, shopping, restaurants, cafes, transit, and everyday amenities, this prime location offers unmatched convenience and strong investment potential. Residents of the building enjoy access to fantastic amenities including a fully equipped fitness center, meeting area, and party room. This stunning corner unit combines space, versatility and rare outdoor living opportunities in one of the most desirable communities. Book your showing Today!

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
800-899 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date5/19/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Concrete
BasementNone
CountyWaterloo
Annual Tax$4,685

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

Intercom

Security Features

Community Features

Location

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318 Spruce Street, Waterloo, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 318 Spruce Street E 1102, Waterloo, ON N2L 3M6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$372,000
Monthly Mortgage$2,161
Property Tax (Est.)$390
Utilities & Maint.$350
Total Monthly Cost$2,901

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Waterloo.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterloo.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$777,926

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Local Schools Guide

Elementary Schools

Winston Churchill
Public100 Milford Avenue, Waterloo, Ontario, N2L 3Z3
5.5
Our Lady of Lourdes
Public55 Roslin Avenue South, Waterloo, Ontario, N2L 6N5
5.0
L'Harmonie
Public158 Bridgeport Road East, Waterloo, Ontario, N2J 2K4
6.5
Elizabeth Ziegler
Public90 Moore Avenue South, Waterloo, Ontario, N2J 1X2
6.3
Keatsway
Public323 Keats Way, Waterloo, Ontario, N2L 5V9
4.8

Secondary Schools

St. David
Catholic4 High Street, Waterloo, Ontario, N2L 3X5
8.0
Kitchener Waterloo
Public787 King Street West, K-W Hospital, Kitchener, Ontario, N2G 1E3
7.4
Bluevale
Public80 Bluevale Street North, Waterloo, Ontario, N2J 3R5
7.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.