Listed for:Listed Apr 13, 2026
$510,000

Unit 2, 318 Spruce Street

Waterloo (Downtown Waterloo), ON N2L 0E9

Condo Apartment For Sale
Sage II exteriorSage II23 storeys, 217 suites, built 2016
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for Unit 2, 318 Spruce Street, Waterloo, Downtown Waterloo

No listing history available

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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 2, 318 Spruce Street, Waterloo, Downtown Waterloo

Summarized Description

  • Bright condo with over 900 sq. ft. of space
  • Three bedrooms, including a primary ensuite
  • Converted living room for extra flexibility
  • In-suite laundry for convenience
  • Includes underground parking and storage
  • Close to universities and transit options
  • Building amenities for relaxation and entertainment
  • Located in a highly desirable area

Welcome to this bright and versatile condo offering over 900 sq. ft. of well-designed living space in the heart of Waterloo. This unit features 3 bedrooms, including a primary bedroom with its own private ensuite bathroom, plus an additional 3-piece bathroom for added convenience. The original living room has been thoughtfully converted into a third bedroom, providing extra flexibility for families - space can easily be reverted back to a living area if desired. The unit includes a functional kitchen, in-suite laundry, and a comfortable layout. One underground parking space and a storage locker are also included. Residents can enjoy fantastic building amenities, including a gym, entertainment space, and a BBQ area on the fourth floor-perfect for relaxing or hosting guests during the summer months. Located close to universities, transit, and everyday amenities, this property offers excellent value in a highly sought-after area.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,685
Land Transfer Tax Fee
$6,675

Condo/Maintenance Fee

Maintenance Fee
$730 /month

Included In Maintenance Fee

  • Water Included
  • Heat Included

Basement Type
None

Interior Features

Pets Permitted
No
Laundry Features
Ensuite
Interior Extras
Auto Garage Door Remote, Other
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
Open

Building

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

Construction

Exposure
North
Exterior Finish
Brick
Special Designation
Unknown

Inclusions

Inclusions
Dishwasher, Dryer/Washer, Garage Door Opener, Microwave, Range Hood, Refrigerator, Stove, Window Coverings

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Owned
Parking Spaces
0
Total Garage And Parking Spaces
1

Lockers

Locker Type
Owned
Locker Number
B40

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
3
Washrooms
2
Kitchens
1

Room sizes

  • Kitchen—
    Main level
  • Bedroom 2—
    Main level
  • Bedroom 3—
    Main level
  • Bedroom—
    Main level, 3 Pc Ensuite

Washrooms

  • 3-piece, Main

Municipality
Waterloo
Neighbourhood
Downtown Waterloo
Main cross streets
Spruce St & Hickory St W
Directions
Turn on Spruce St, property is located in stage 2 building

MLS® number
X12993362
Data source
Toronto Regional Real Estate Board
Listed on
2026-04-13
Updated on
2026-09-29
Days on market
190 days
Possession type
60-89 days
Co-op commission
$1.00 - see remarks
Seller
Listed by
COMFREE

Home Market Value

Current home valuation for Unit 2, 318 Spruce Street, Waterloo, Downtown Waterloo, Waterloo, ON. Listed for $510,000

HOMEH Estimate

?

$430,068

Estimated Sales Range

?

$339,754 - $520,382

HOMEH Estimate for Unit 2, 318 Spruce Street, Waterloo, Downtown Waterloo

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

$430,068Medium confidence
Based on 15 comparable properties
+ $79,932 (19%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Waterloo, ON
Minimum Down Payment Required:5.1%

5% on first $500K + 10% on $10,000 over $500K

Minimum down payment

$26,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$19,360$14,229$12,138$0
=Total mortgage
$503,350$473,229$445,638$408,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,458monthly$2,311monthly$2,176monthly$1,992monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$6,675

Total Land Transfer Tax

$6,675

Around this home

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