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331 SPRUCE STREET, Waterloo — listed at $5,980,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Plan Approved! Ready For Building Permit! 331 and 329 Spruce, 2 Assembled Lots To Be PurchasedTogether! Approved Plan For A 9-Storey Student Residence Featuring 88 Bedrooms! ExceptionalOpportunity For Builders, Developers And Investor In Prime Location Just Steps From Campus!Currently Income Generating And Professionally Managed! Turnkey Operation For Investors LookingTo Hold And Benefit! Conveniently Located Within Walking distance Of University, Shopping,Public Transit, Employment Centres, Parks And More! Rare Chance To Secure A High-PotentialDevelopment Site In Sought-After Location! (id:60164)
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $19,860, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 8 spaces — No Garage.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 10 bedrooms and 9 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Does it have a basement, and is it finished?+
The listing describes the basement as: Apartment in basement, Walk-up, N/A, N/A. Confirm the finishing status during a showing — it affects both livable space and resale value.
Is there air conditioning?+
Yes — window air conditioner cooling is in place.
Is 331 SPRUCE STREET a good fit for a growing family?+
With 10 bedrooms and 9 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
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