318 Spruce Street, Unit 1002, Waterloo, ON

$425,000
MLS#:X12854650
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2 beds
2 baths
900-999 sqft
1.0 parking
Residential Condo & Other
Sold property - 2 Bed, 2 Bath Home at 318 Spruce Street Waterloo ON listed at $425,000 (MLS# X12854650) - Main View
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This property was sold on May 29, 2026. Listing is for reference only.
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Added:Mar 4, 2026(195 days ago)
Updated:May 29, 2026(109 days ago)
Last Checked:24 minutes ago

Property Highlights

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Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $425,000 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 900-999 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Carpet Free
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

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Stunning 2-bedroom unit featuring open concept living and dining area and an open balcony. A fantastic opportunity for investors or university parents in Waterloo, located within walking distance of Wilfrid Laurier University and just a 6-minute drive to the University ofWaterloo. Conveniently close to Express Hwy 85 and the LRT, the property is surrounded by numerous restaurants, shopping options, and a nearby cinema, making it an ideal location for both students and professionals.

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Property Summary

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This condo apartment located at 318 Spruce Street, Waterloo is currently for sale and has been available on SousaSells for 195 days. This property is listed at $425,000 with an estimated mortgage of $1,415* per month. It has 2 beds, 2 bathrooms, and is 900-999 square feet. 318 Spruce Street, Waterloo

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Waterloo.

Highly Recommended for Families
What We Love About This Home
  • •2 spacious bedroom layout offering versatile living space
  • •2 well-appointed bathrooms
  • •900-999 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Waterloo.

Target Buyer Match

Key Features

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Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

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StatusSold
Maintenance Fee$727.12/mo
Sold DateMay 29, 2026
Sold price information is available to members only
AddedMar 4, 2026 (195 days ago)
UpdatedMay 29, 2026 (109 days ago)
Last Checked24 minutes ago
Transaction TypeFor Sale
List Office NameTIMES REALTY GROUP INC.

Property Details

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Property Sub-TypeCondo Apartment
Architectural Style1 Storey/Apt
ConstructionBrick
BasementNone
CountyWaterloo
Annual Tax$4,724.49

Parking & Garage

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Parking Total1.0
Parking Space1
Garage TypeUnderground

Heating & Cooling

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Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

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Property Features

None listed

Interior Features

  • Carpet Free

Security Features

None listed

Community Features

None listed

Property History

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No historical data available for this property.

This could be the first listing for this address.

Waterloo Homeowner & Seller AdvisoryVerified Sold Comp

What is your house worth in Waterloo?

This property at 318 Spruce Street, Unit 1002, Waterloo, ON has closed. If you own a home on this street or nearby in Waterloo, recent market trends and verified sold prices directly determine your home equity.

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Frequently Asked Questions about 318 Spruce Street, Unit 1002, Waterloo, ON

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Q.What is the asking price for 318 Spruce Street, Unit 1002, Waterloo, ON ?

The current listing price for 318 Spruce Street, Unit 1002, Waterloo, ON in Waterloo is $425,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 2 bathrooms across approximately 900-999 sqft.

Q.What property type and architectural style is 318 Spruce Street, Unit 1002, Waterloo, ON ?

318 Spruce Street, Unit 1002, Waterloo, ON is a Condo Apartment (1 Storey/Apt) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Location

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318 Spruce Street, Unit 1002, Waterloo, ON
Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Waterloo, Waterloo

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–¼ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Pricing & Value Insights

Data-driven valuation for 318 Spruce Street 1002, Waterloo, ON N2L 3M7

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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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Waterloo 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$861,587

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%

Best Schools in Waterloo

Elementary Schools

L'Harmonie
Public158 Bridgeport Road East, Waterloo, Ontario, N2J 2K4
6.5
Elizabeth Ziegler
Public90 Moore Avenue South, Waterloo, Ontario, N2J 1X2
6.3
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
Mère-Élisabeth-Bruyère
Public280 Glenridge Drive, Waterloo, Ontario, N2J 3W4
6.8

Secondary Schools

St. David
Catholic4 High Street, Waterloo, Ontario, N2L 3X5
8.0
Bluevale
Public80 Bluevale Street North, Waterloo, Ontario, N2J 3R5
7.0

Waterloo Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.

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