318 Spruce Street, Unit 16, Waterloo, ON
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 $298,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 600-699 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Oversized 663 Sq.Ft (approx) One Bedroom (with partition for Potential Den/Second Room) with Extra High Ceilings in Prime Location at The Sage II Building that is close to University of Waterloo, Wilfred Laurier & Conestoga College! Great Location for Young Professionals and Students. Fully Furnished Oversized 1 Bedroom Unit with Rare 11 Ft Ceilings. Hi-Speed Internet. Water, Heat, Cooling Included in "Low" Maintenance Fees . Steps To Wilfred Laurier & University Of Waterloo. Amenities Include: Fitness Center, Rooftop Terrace w/ BBQ Area, Secure Bike Storage Room, Social/Media room, Guest Suite. Great Property to live in yourself or Potential Investment. Property Vacant Now
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Property Summary
This condo apartment located at 318 Spruce Street, Waterloo is currently for sale and has been available on SousaSells for 371 days. This property is listed at $298,000 with an estimated mortgage of $992* per month. It has 1 bed, 1 bathroom, and is 600-699 square feet. 318 Spruce Street, Waterloo
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 318 Spruce Street 216, Waterloo, ON N2L 3M7
Based on 0 recent similar sales in the pocket.
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 $298,000 in Waterloo, the legal minimum down payment is $14,900 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 $2,945 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 $2,945.
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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.