Salehian.com 647-325-5000

321 Spruce Street 312

Waterloo, N2L 0G4 · More in this building

$235,000

Reduced $40,000 from $275,000

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  • 1+1 bedrooms
  • 1 bathrooms
  • 0 parking
  • 500-599 sq ft

Listed 173 days ago · MLS® X13062008

About this home

Excellent Investment Opportunity. 1+1 Corner Condo Unit Located In The Center Of University Town In Waterloo. Steps Away from Wilfred Laurier University, University Of Waterloo And Conestoga College. The unit features a well-designed layout, quartz countertops, premium laminate flooring throughout, in-suite laundry, and comes with furniture (sold as-is). The bright den includes two windows and can serve as a second bedroom. A weekly cleaning service costing $126.72 per month makes the unit easier to rent out and generates higher rental returns. The building offers excellent amenities, including a gym, shuttle service, keyless entry system, guest suites, a rooftop terrace, and more. The current tenant will move out on May 31, 2026. The seller is highly motivated - don't miss out on this prime opportunity!

Details

Type
Condo Apartment
Style
Apartment
Size
500-599 sq ft
Basement
None
Garage
None
Kitchens
1
Property tax
$3,414 (2025)
Maintenance fee
$705/month
Municipality
Waterloo
Price per sq ft
$428 (17% below condo apartments in Waterloo, $517)
Fee per sq ft
$1.28/month

Interior

Bedrooms
1 above ground + 1 below
Bathrooms
1 × 4-piece (main)
Rooms
5 above ground
Family room or den
No
Fireplace
No
Laundry
In-Suite Laundry, Ensuite
Features
Carpet Free

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air

Building and exterior

Style
Apartment
Exterior
Concrete

Condo

Monthly fee
$705
Fee includes
CAC Included, Common Elements Included, Condo Taxes Included, Heat Included, Building Insurance Included
Exposure
West
Pets
Yes-with Restrictions
Property manager
Self-managed by Condo Board

More

Possession
Immediate
Cross street
Columbia And King St N

Rooms

RoomLevelSizeFeatures
FoyerMain1.62 × 2.16 m (5'4" × 7'1")
KitchenMain4.3 × 2.5 m (14'1" × 8'2")
Living RoomMain2.52 × 3.53 m (8'3" × 11'7")
BedroomMain2.88 × 3.83 m (9'5" × 12'7")
DenMain1.93 × 2.82 m (6'4" × 9'3")

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Laurier - Waterloo Park LRT1.3 km
  • 🚇 University of Waterloo LRT1.3 km

Within a 10-minute walk: 6 grocery stores, 68 cafés and restaurants, 4 parks, 3 pharmacies. Nearest grocery: India Food and Grocery (400 m). Nearest park: Veterans' Green (400 m).

Schools nearby

Elementary

  • Winston Churchill Public School
    EQAO: Gr 6 reading 88%, math 56%    15 min walk
  • École élémentaire catholique Mère-Élisabeth-Bruyère French
    EQAO: Gr 6 reading 95%, math 68%    1.4 km
  • Lincoln Heights Public School
    EQAO: Gr 6 reading 75%, math 47%    1.6 km
  • École élémentaire L'Harmonie French
    EQAO: Gr 6 reading 90%, math 79%    1.6 km

Secondary

  • Waterloo Collegiate Institute
    EQAO: Gr 9 math 57%, literacy test 85%    3 min walk
  • St. David Catholic Secondary School Catholic
    EQAO: Gr 9 math 67%, literacy test 97%    9 min walk
  • MacGregor Public School15 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N2L

Owners / renters
37% / 63%
Median household income
$69,500
Average age
37
Children under 15
11%
Homes
29% detached, 40% high-rise
Commute by transit
12%
Population
37,953

Languages spoken most at home besides English: Mandarin 5.5%, Arabic 1.4%, Hindi 0.9%, Punjabi (Panjabi) 0.9%.

Safety

Crime Severity Index for Waterloo Region (Kitchener) police: 67 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Kitchener: 4 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by HOMELIFE LANDMARK REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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