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318 SPRUCE Street Unit# 1202, Waterloo, Ontario

$499,900

3 Beds
2 Baths
957 Square Feet

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. (id:23309)

Listing ID: 40872985
Property Type: Single Family
Year Built: 2016

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Rooms

Level	Type	Dimensions
3pc Bathroom	Main level	Measurements not available
Bedroom	Main level	11'7'' x 10'2''
4pc Bathroom	Main level	Measurements not available
Primary Bedroom	Main level	12'6'' x 9'6''
Kitchen	Main level	9'3'' x 8'2''
Bedroom	Main level	16'2'' x 10'0''

Details

Architectural Style: Other
Amenities Nearby: Hospital, Public Transit, Schools
Community Features: Community Centre
Equipment: None
Features: Balcony, Automatic Garage Door Opener
Maintenance Fee: 743.19
Maintenance Fee Type: Insurance, Heat, Water, Parking
Maintenance Fee Payment Unit: Monthly
Ownership: Condominium
Parking Spaces: 1
Rental Equipment: None
Storage: Locker
Transaction: For sale
Zoning Description: GR

Building

Amenities: Exercise Centre
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
Architectural Style: Other
BasementType: None
Bedrooms Main Level: 3
Constructed Date: 2016
Constructed Material: Concrete block, Concrete Walls
Construction Style Attachment: Attached
Cooling: Central air conditioning
Exterior Finish: Concrete
Fireplace Present: False
Bathrooms (Total): 2
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 957 sqft
Stories Total: 1
Type: Apartment
Utility Water: Community Water System, Municipal water

Land

Amenities: Hospital, Public Transit, Schools
Sewer: Municipal sewage system

Listing provided by Real Broker Ontario Ltd.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 318 SPRUCE Street Unit# 1202 in Waterloo Ontario. It was last modified on October 23rd, 2026. Contact Paul Busnello to schedule a viewing or to discover other Waterloo properties for sale.

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