trreb/IMG-X14111422_3d19e1009036ff016595930a78b9492718cc4716297bc43090a2f31e78fed42e.jpg
1 day on Market

318 Spruce St #1202, Waterloo, Ontario N2L 3H6

In the same building:
-
Condo
3
2
~900-999 sqft
$499,900
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Condo
3
2
~900-999 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$528/sqft

Monthly cost

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Description

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.


Property Details

Style1 Storey/Apt
View-
Age of property6-10
SqFt~900-999 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX14111422
Community NameColumbia
Data SourceTRREB
Listing byREAL BROKER ONTARIO LTD.

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Br

4.93 x 3.05

Kitchen

2.82 x 2.49

Primary

3.81 x 2.9

Br

3.53 x 3.1


Features

Patio: Open
Balcony: Open

Parking

Garage spaces -

Garage type -

Total parking spaces 1


12Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by REAL BROKER ONTARIO LTD., Brokerage
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Market Data - Columbia

Geo Zone Map ThumbnailColumbia

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

20 days

Compared to

2025

30 days

2024

57 days

2023

24 days

New Listings

Past 30 days

28 listings

Compared to

2025

33 listings

2024

43 listings

2023

31 listings

Units sold

Past 30 days

1 unit

Compared to

2025

7 units

2024

6 units

2023

6 units

Median Sold Price

Past 30 days

$355,000

Compared to

2025

$350,000

2024

$430,000

2023

$392,500


Population and Demographics

Overview

Total population 7359
Average household income $71,241

Age (%)

0 to 19
15%
20 to 34
64%
35 to 49
9%
50 to 64
7%
65 and plus
5%

Household composition (%)

Single person
40%
Multi person
32%
Single family
28%
Multi family
0%

Mother tongue (%)

English
56%
Mandarin
17%
Hindi
5%
Others
3%
Punjabi (Panjabi)
3%
Arabic
3%
Gujarati
2%
Spanish
2%
Telugu
1%

House tenancy (%)

Renters
86%
Owners
14%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget