318 Spruce Street, Unit 1505, Waterloo, ON
Property Highlights
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 $399,900 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
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Separate Heating Controls
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
2 BEDROOMS, 2 BATHROOMS + LARGE STORAGE LOCKER - Calling all investors, parents of university students, and young professionals. Welcome to Sage Condos in Waterloo's dynamic University Core. This spacious two-bedroom, two-bathroom suite offers just under 1,000 square feet of thoughtfully designed living space. The open concept layout features a modern kitchen with stainless steel appliances, stone countertops, and ample cabinetry, flowing seamlessly into the bright living area. Large windows bring in natural light, while the private balcony offers expansive city views. Both bedrooms are generously sized, making the layout ideal for roommates or shared living. The unit also includes in-suite laundry and an oversized premium storage locker conveniently located on the same floor, offering rare and practical everyday ease. Located just steps from the University of Waterloo and Wilfrid Laurier University, this is a prime opportunity in one of the city's most consistent rental pockets. Shops, restaurants, transit including the LRT and GO Bus Station, and everyday amenities are all within walking distance. Sage Condos offers attractive building amenities including a rooftop terrace, gym, party room, and high speed internet. Whether you are building your investment portfolio, securing a property for your child during university, or looking for a well-located urban home, this is a smart and versatile opportunity in the heart of Waterloo.
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Property Features
Golf, Place Of Worship, Hospital, Library, Public Transit, Rec./Commun.Centre
Interior Features
Separate Heating Controls
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 318 Spruce Street 1505, Waterloo, ON N2L 0E9
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Waterloo, ON
For a property listed at $399,900 in Waterloo, the legal minimum down payment is $19,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,474 for this transaction. As this listing is in Waterloo (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,474.
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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.