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321 SPRUCE Street Unit# 312, Waterloo — listed at $235,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Excellent Investment Opportunity. 1+1 Corner Condo Unit Located In The Center Of University Town In Waterloo. Steps Away from Wilfred Laurier University, University Of Waterloo And Conestoga College. The unit features a well-designed layout, quartz countertops, premium laminate flooring throughout, in-suite laundry, and comes with furniture (sold as-is). The bright den includes two windows and can serve as a second bedroom. A weekly cleaning service costing $126.72 per month makes the unit easier to rent out and generates higher rental returns. The building offers excellent amenities, including a gym, shuttle service, keyless entry system, guest suites, a rooftop terrace, and more. The current tenant will move out on May 31, 2026. The seller is highly motivated — don’t miss out on this prime opportunity! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Main level | — |
| Den | Main level | 9'3'' x 6'4'' |
| Bedroom | Main level | 12'7'' x 9'5'' |
| Living room | Main level | 11'7'' x 8'3'' |
| Kitchen | Main level | 8'3'' x 14'1'' |
| Foyer | Main level | 7'1'' x 5'4'' |
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
What's the parking situation?+
This property includes None.
Who is 321 SPRUCE Street Unit# 312 best suited for?+
With 2 bedrooms and 1 bathroom, this is ideal for a couple, a small family, or as a low-maintenance investment property.
How is the home heated? Is it efficient?+
Heating is forced air. Ask for past utility bills to understand real heating costs.
What do the condo/maintenance fees cover?+
The condo/maintenance fee is $704.83/mo. Ask the listing agent for a breakdown of exactly what's included — coverage varies widely.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,413.81, a condo/maintenance fee of $704.83/mo, heating is forced air. Always verify the latest figures with your agent before making an offer — these change yearly.
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