| Water Included | |
| Heat Included |






















2 - 318 Spruce Street
, Waterloo
$510,000
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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| Type | Condo Apartment |
| Style | 1 Storey/Apt |
| Approx. Age | Not available |
| Size | 900-999 sq. ft. |
| Maintenance Fees | $730 |
| Locker | Owned |
| Balcony | Open |
| Exposure | North |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $4,685 |
| mls© Number | X12993362 |
| Listed By | COMFREE |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,610
- Property tax
- $390
- Heat allowance
- $150
- Condo fees, half counted
- $365
- Housing costs
- $3,516 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$108,000
gross annual household income
- Payment at 4%
- $2,146 / mo
- Cash down
- $102,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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