Sold for:Sold May 29, 2026
$425,000

Unit 1002, 318 Spruce Street

Waterloo (Lakeshore Village), ON N2L 3M7

Condo Apartment SoldNot available
Sage II exteriorSage II23 storeys, 217 suites, built 2016
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for Unit 1002, 318 Spruce Street, Waterloo, Lakeshore Village

2026-03-04
2026-05-29
Sold
Price
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MLS#
x12854650

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 1002, 318 Spruce Street, Waterloo, Lakeshore Village

Summarized Description

  • Stunning 2-bedroom unit with open concept design.
  • Located within walking distance of Wilfrid Laurier University.
  • Ideal for investors or university parents.
  • Close to Express Hwy 85 and LRT.
  • Surrounded by restaurants and shopping options.
  • Includes an open balcony for outdoor space.

Stunning 2-bedroom unit featuring open concept living and dining area and an open balcony. A fantastic opportunity for investors or university parents in Waterloo, located within walking distance of Wilfrid Laurier University and just a 6-minute drive to the University ofWaterloo. Conveniently close to Express Hwy 85 and the LRT, the property is surrounded by numerous restaurants, shopping options, and a nearby cinema, making it an ideal location for both students and professionals.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,724
Land Transfer Tax Fee
$4,975

Condo/Maintenance Fee

Maintenance Fee
$727 /month

Included In Maintenance Fee

  • Heat Included
  • Water Included
  • CAC Included
  • Common Elements Included

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
Ensuite
Interior Extras
Carpet Free
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
Terrace

Building Amenities

  • Gym
  • Visitor Parking
  • Elevator

Building

Building Type
Condo Apartment
Building Style
1 Storey/Apt
Condo Corp Number
624

Construction

Exposure
South
Exterior Finish
Brick
Special Designation
Unknown

Inclusions

Inclusions
All Stainless Steel Kitchen Appliances, Washer & Dryer and Existing Furniture (as-in condition)

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Owned
Parking Spaces
1
Total Garage And Parking Spaces
1

Lockers

Locker Type
None

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
2
Washrooms
2
Kitchens
1

Room sizes

  • Kitchen—
    Flat level, Open Concept, Stainless Steel Appl, Granite Counters
  • Living Room—
    Flat level, Combined w/Dining, Large Window, W/O To Balcony
  • Dining Room—
    Flat level, Combined w/Living, Large Window, W/O To Balcony
  • Primary Bedroom—
    Flat level, 3 Pc Ensuite, Large Window
  • Bedroom 2—
    Flat level, Large Window

Washrooms

  • 3-piece, Flat

Municipality
Waterloo
Neighbourhood
Lakeshore Village
Main cross streets
Hickory Street W/ Spruce Street
Directions
Hickory Street W/ Spruce Street

MLS® number
X12854650
Data source
Toronto Regional Real Estate Board
Status change
2026-05-29
Listed on
2026-03-04
Days on market
86 days
Possession date
2026-05-01
Possession type
Other
Co-op commission
2.5% Plus HST
Seller
Listed by
TIMES REALTY GROUP INC.

Home Market Value

Current home valuation for Unit 1002, 318 Spruce Street, Waterloo, Lakeshore Village, Waterloo, ON. Listed for $425,000

HOMEH Estimate

?

$408,000

Estimated Sales Range

?

$322,320 - $493,680

HOMEH Estimate for Unit 1002, 318 Spruce Street, Waterloo, Lakeshore Village

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$408,000Medium confidence
Based on 4 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

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Waterloo, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$21,250

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$16,150$11,858$10,115$0
=Total mortgage
$419,900$394,358$371,365$340,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,050monthly$1,925monthly$1,813monthly$1,660monthly
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Land Transfer Tax

Provincial

$4,975

Total Land Transfer Tax

$4,975

Around this home

6/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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