| Heat Included | |
| Water Included | |
| Building Insurance Included | |
| Parking Included | |
| CAC Included |


























2008 - 318 Spruce Street
, Waterloo
$299,000
Look Like Brand New Beautiful Condo Unit In The heart Of Waterloo! This Meticulously Designed and Well-Appointed Unit Is In A Prime Location! It Is An Owner's pride & Investor's Dream. Just Steps Away From The Region's Most Prestigious Universities. University Of Waterloo, Wilfried Laurier University. Large Student Population, And The Demand For Rental Properties In This Area Remains High. Large Living Space With large Windows.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $450 |
| Locker | None |
| Balcony | Open |
| Exposure | West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $3,387 |
| mls© Number | X13217736 |
| Listed By | HOMELIFE/MIRACLE REALTY LTD |
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%
- $1,530
- Property tax
- $282
- Heat allowance
- $150
- Condo fees, half counted
- $225
- Housing costs
- $2,188 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$67,000
gross annual household income
- Payment at 4%
- $1,258 / mo
- Cash down
- $59,800
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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