321 Spruce Street, Unit 04, Waterloo, ON

$2,150/mo
MLS#:X13628440
2 beds
2 baths
700-799 sqft
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $2,150 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 700-799 sqft
  • 0.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Urban loft-style condo in the heart of Waterloo - steps from universities! welcome to 321 Spruce, where modern design meets unbeatable location. This spacious two-level, 1 bedroom + den (or second bedroom)m 2-bath condo offers the perfect blend of comfort, flexibility, and style-ideal for students, young professionals. The open-concept main floor is bright and inviting, featuring soaring windows that fill the space with natural light. The modern kitchen features stainless steel appliances, while the generous living area provides the perfect setting for studying, relaxing, or entertaining. Upstairs, the loft-style primary bedroom offers privacy and comfort, complemented by a large den that doubles as a second bedroom or home office. With two full bathrooms - one on each level - and in-suite laundry, the layout is designed for everyday convenience. Located just steps from the University of Waterloo, Wilfred Laurier University, and Conestoga College, this condo sits at the center of Waterloo's vibrant urban core. Enjoy cafes, restaurants, shopping, parks, and transit all within walking distance.

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Property Summary

This condo apartment located at 321 Spruce Street, Waterloo is currently for sale and has been available on SousaSells for 2 days. This property is listed at $2,150 with an estimated mortgage of $7* per month. It has 2 beds, 2 bathrooms, and is 700-799 square feet. 321 Spruce Street, Waterloo

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Waterloo.

Highly Recommended for Families
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 700-799 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Waterloo.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date8/1/2026
Transaction TypeFor Lease

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyWaterloo

Parking & Garage

Parking Total0.0
Parking Space0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 321 Spruce Street, Unit 04, Waterloo, ON

Q.What is the asking price for 321 Spruce Street, Unit 04, Waterloo, ON ?

The current listing price for 321 Spruce Street, Unit 04, Waterloo, ON in Waterloo is $2,150.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 2 bathrooms across approximately 700-799 sqft.

Q.What property type and architectural style is 321 Spruce Street, Unit 04, Waterloo, ON ?

321 Spruce Street, Unit 04, Waterloo, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 0.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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321 Spruce Street, Unit 04, Waterloo, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 321 Spruce Street 705, Waterloo, ON N2L 3M6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Waterloo.

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Interest Rate4.00%
Down Payment$645 (30.0%)
* Minimum Canadian down payment required for this price is $108.
Amortization Period30 Years
Estimated Monthly Payment$7Based on a loan of $1,505 over 30 years.
Purchase Price$2,150
Loan Amount$1,505
Provincial Land Transfer Tax:$11
Total Estimated Closing Taxes:$11

About Purchasing a Home in Waterloo, ON

For a property listed at $2,150 in Waterloo, the legal minimum down payment is $108 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 $11 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 $11.

Waterloo Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterloo.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$787,639

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Best Schools in Waterloo

Elementary Schools

Our Lady of Lourdes
Public55 Roslin Avenue South, Waterloo, Ontario, N2L 6N5
5.0
Elizabeth Ziegler
Public90 Moore Avenue South, Waterloo, Ontario, N2J 1X2
6.3
L'Harmonie
Public158 Bridgeport Road East, Waterloo, Ontario, N2J 2K4
6.5
Empire
Public83 Empire Street, Waterloo, Ontario, N2L 2M1
6.3
Keatsway
Public323 Keats Way, Waterloo, Ontario, N2L 5V9
4.8

Secondary Schools

St. David
Catholic4 High Street, Waterloo, Ontario, N2L 3X5
8.0
Bluevale
Public80 Bluevale Street North, Waterloo, Ontario, N2J 3R5
7.0

Waterloo Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.