This property was sold on November 20, 2025. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Bungalow-Raised multiplex located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium stone and wood construction, this residence presents an exceptional opportunity offered at $759,900 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.
Smart two-unit split-entry bungalow offering spaciousness, income, and convenience. The sunlit upper level has three bedrooms, a family-room addition, and a beautifully renovated kitchen that anchors daily living. The lower suite is a true 1 bedroom with full kitchen/dining/living and large windows that feel warm and inviting; currently rented at $1,800+ per month to offset your mortgage (upper unit comes vacant). Location is excellent with quick access to the Expressway, desirable schools, public transit including iXpress to the University of Waterloo, shopping, proximity to St. Jacobs Market, walking distance to LRT. Ideal for first-time buyers or investors seeking a turnkey setup with flexibility and value.
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This multiplex located at 558 Sprucehill Avenue, Waterloo is currently for sale and has been available on SousaSells for 302 days. This property is listed at $759,900 with an estimated mortgage of $2,529* per month. It has 4 beds, 3 bathrooms, and is 1100-1500 square feet. 558 Sprucehill Avenue, Waterloo
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Accessory Apartment
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 558 Sprucehill Avenue, Waterloo, ON N2L 4V7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Waterloo.
About Purchasing a Home in Waterloo, ON
For a property listed at $759,900 in Waterloo, the legal minimum down payment is $50,990 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 $11,673 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 $11,673.
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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.