329 Spruce Street

Waterloo, N2L 3M6

$5,980,000

Photo 1 of 3Photo 2 of 3Photo 3 of 3
  • 9+5 bedrooms
  • 6 bathrooms
  • 7 parking
  • 2000-2500 sq ft

Listed 139 days ago · MLS® X13229126

About this home

Plan Approved! Ready For Building Permit! 329 and 331 Spruce, 2 Assembled Lots To Be PurchasedTogether! Approved Plan For A 9-Storey Student Residence Featuring 88 Bedrooms! ExceptionalOpportunity For Builders, Developers And Investor In Prime Location Just Steps From Campus!Currently Income Generating And Professionally Managed! Turnkey Operation For Investors LookingTo Hold And Benefit! Conveniently Located Within Walking distance Of University, Shopping,Public Transit, Employment Centres, Parks And More! Rare Chance To Secure A High-PotentialDevelopment Site In Sought-After Location!

Details

Type
Multiplex
Style
Other
Size
2000-2500 sq ft
Lot
52.06 × 145.87 ft
Basement
Apartment, Separate Entrance
Garage
None
Kitchens
3
Property tax
$12,207 (2025)
Municipality
Waterloo

Interior

Bedrooms
9 above ground + 5 below
Bathrooms
3 × 2-piece (main), 3 × 3-piece (main)
Kitchens
3 (1 below ground)
Rooms
13 above ground + 7 below
Family room or den
No
Fireplace
No

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Window Unit(s)
Water and sewer
Sewer

Building and exterior

Exterior
Brick
Roof
Asphalt Shingle
Foundation
Concrete
Faces
West

Parking

Total parking
7
Driveway and parking
Private

Lot

Size
52.06 × 145.87 ft

More

Possession
Flexible
Nearby
School, Public Transit
Cross street
King/Columbia

History of this address

1 earlier listing 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 LRT1.4 km

Within a 10-minute walk: 6 grocery stores, 65 cafés and restaurants, 4 parks, 3 pharmacies. Nearest grocery: India Food and Grocery (450 m). Nearest park: Veterans' Green (450 m).

Schools nearby

Elementary

  • Winston Churchill Public School
    EQAO: Gr 6 reading 88%, math 56%
    14 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%
    1.5 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 School16 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 SUTTON GROUP-ADMIRAL REALTY INC..

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

Similar homes nearby

See more in Waterloo