318 Spruce Street, Unit 1202, 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 $510,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 900-999 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Auto Garage Door Remote, Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this bright and versatile condo offering over 900 sq. ft. of well-designed living space in the heart of Waterloo. This unit features 3 bedrooms, including a primary bedroom with its own private ensuite bathroom, plus an additional 3-piece bathroom for added convenience. The original living room has been thoughtfully converted into a third bedroom, providing extra flexibility for families - space can easily be reverted back to a living area if desired. The unit includes a functional kitchen, in-suite laundry, and a comfortable layout. One underground parking space and a storage locker are also included. Residents can enjoy fantastic building amenities, including a gym, entertainment space, and a BBQ area on the fourth floor-perfect for relaxing or hosting guests during the summer months. Located close to universities, transit, and everyday amenities, this property offers excellent value in a highly sought-after area.
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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 94 days. This property is listed at $510,000 with an estimated mortgage of $1,698* per month. It has 3 beds, 2 bathrooms, and is 900-999 square feet. 318 Spruce Street, Waterloo
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
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Interior Features
Auto Garage Door Remote, Other
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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 318 Spruce Street 2, Waterloo, ON N2L 0E9
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 $510,000 in Waterloo, the legal minimum down payment is $26,000 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 $6,675 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 $6,675.
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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.