
Unit 1505, 318 Spruce Street
Waterloo (Beechwood/University), ON N2L 0E9
Sage 2 CondosSee every listing here- 2Bedrooms
- 2Bathrooms
- 0Parking
- 900–999Sq Ft
- $4,726Tax
- $628/moCondo Fee
- Estimated Value:$352,662See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 1505, 318 Spruce Street, Waterloo, Beechwood/University
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About Unit 1505, 318 Spruce Street, Waterloo, Beechwood/University
Summarized Description
- Spacious two-bedroom suite near universities
- Open concept layout with modern kitchen
- Private balcony with expansive city views
- Oversized storage locker on the same floor
- Ideal for investors or university students
- Walking distance to shops and transit
- Bright living area with large windows
- Located in a dynamic rental market
2 BEDROOMS, 2 BATHROOMS + LARGE STORAGE LOCKER - Calling all investors, parents of university students, and young professionals. Welcome to Sage Condos in Waterloo's dynamic University Core. This spacious two-bedroom, two-bathroom suite offers just under 1,000 square feet of thoughtfully designed living space. The open concept layout features a modern kitchen with stainless steel appliances, stone countertops, and ample cabinetry, flowing seamlessly into the bright living area. Large windows bring in natural light, while the private balcony offers expansive city views. Both bedrooms are generously sized, making the layout ideal for roommates or shared living. The unit also includes in-suite laundry and an oversized premium storage locker conveniently located on the same floor, offering rare and practical everyday ease. Located just steps from the University of Waterloo and Wilfrid Laurier University, this is a prime opportunity in one of the city's most consistent rental pockets. Shops, restaurants, transit including the LRT and GO Bus Station, and everyday amenities are all within walking distance. Sage Condos offers attractive building amenities including a rooftop terrace, gym, party room, and high speed internet. Whether you are building your investment portfolio, securing a property for your child during university, or looking for a well-located urban home, this is a smart and versatile opportunity in the heart of Waterloo.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,726
- Land Transfer Tax Fee
- $4,474
Condo/Maintenance Fee
- Maintenance Fee
- $628 /month
Included In Maintenance Fee
- Common Elements Included
- Water Included
- Building Insurance Included
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- In-Suite Laundry
- Laundry Level
- Main Level
- Interior Extras
- Separate Heating Controls
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Open
- Exterior Extras
- Landscaped, Patio
Building Amenities
- Elevator
- Exercise Room
- Party Room/Meeting Room
- Rooftop Deck/Garden
- Visitor Parking
Building
- Building Type
- Condo Apartment
- Building Style
- 1 Storey/Apt
- Building Name
- Sage II
- Approx Age
- 6-10
- Condo Corp Number
- 624
Construction
- Exposure
- West
- Exterior Finish
- Brick
- Roof
- Flat
- Foundation Details
- Concrete
- Special Designation
- Unknown
Parking & Garages
- Garage Type
- Underground
- Garage Spaces
- 0
- Parking Type
- None
- Parking Spaces
- 0
- Total Garage And Parking Spaces
- 0
Lockers
- Locker Type
- Owned
- Locker Unit
- 1
- Locker Number
- 1
- Locker Level
- 15
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 2
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Bathroom—Main level, 3 Pc Bath
- Bedroom—Main level
- Living Room—Main level
- Bathroom—Main level, 4 Pc Bath
- Kitchen—Main level
- Bedroom 2—Main level
Washrooms
- 3-piece
- 4-piece
- Municipality
- Waterloo
- Neighbourhood
- Beechwood/University
- Main cross streets
- Columbia
- Zoning
- RN-25
- Directions
- Columbia St W to Spruce St
- MLS® number
- X13546684
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-08-31
- Listed on
- 2026-07-08
- Days on market
- 54 days
- Possession date
- 2026-08-31
- Possession type
- Flexible
- Co-op commission
- 2% + HST
- Seller
- Listed by
- CHESTNUT PARK REALTY(SOUTHWESTERN ONTARIO) LTD
Home Market Value
Current home valuation for Unit 1505, 318 Spruce Street, Waterloo, Beechwood/University, Waterloo, ON. Listed for $399,900
HOMEH Estimate
$352,662
Estimated Sales Range
$278,603 - $426,721
HOMEH Estimate for Unit 1505, 318 Spruce Street, Waterloo, Beechwood/University
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$19,995
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $15,196 | $11,157 | $9,518 | $0 |
=Total mortgage | $395,101 | $371,067 | $349,433 | $319,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,929monthly | $1,812monthly | $1,706monthly | $1,562monthly |
Land Transfer Tax
$4,474
$4,474
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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