Sold for:Sold Sep 5, 2025
$298,000

Unit 216, 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 216, 318 Spruce Street, Waterloo, Lakeshore Village

2025-07-09
2025-09-05
Sold
Price
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MLS#
x12277122
2025-01-06
2025-07-10
Terminated
Price
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2024-07-15
2024-12-15
Expired
Price
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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 216, 318 Spruce Street, Waterloo, Lakeshore Village

Oversized 663 Sq.Ft (approx) One Bedroom (with partition for Potential Den/Second Room) with Extra High Ceilings in Prime Location at The Sage II Building that is close to University of Waterloo, Wilfred Laurier & Conestoga College! Great Location for Young Professionals and Students. Fully Furnished Oversized 1 Bedroom Unit with Rare 11 Ft Ceilings. Hi-Speed Internet. Water, Heat, Cooling Included in "Low" Maintenance Fees. Steps To Wilfred Laurier & University Of Waterloo. Amenities Include: Fitness Center, Rooftop Terrace w/ BBQ Area, Secure Bike Storage Room, Social/Media room, Guest Suite. Great Property to live in yourself or Potential Investment. Property Vacant Now

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,359
Land Transfer Tax Fee
$2,945

Condo/Maintenance Fee

Maintenance Fee
$366 /month

Included In Maintenance Fee

  • Heat Included
  • Water Included
  • CAC Included
  • Common Elements Included
  • Building Insurance Included

Basement Type
None

Interior Features

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

Exterior Features

Balcony
None

Building Amenities

  • BBQs Allowed
  • Bike Storage
  • Guest Suites
  • Gym
  • Party Room/Meeting Room

Building

Building Type
Condo Apartment
Building Style
Apartment
Building Name
Sage 2
Approx Age
6-10
Condo Corp Number
624

Construction

Exposure
West
Exterior Finish
Concrete
Special Designation
Unknown

Inclusions

Inclusions
All Existing Light Fixtures and Window Coverings, Fridge, Stove, Washer, Dryer. All Existing Furniture in Unit and not belonging to tenant.

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
33
Locker Level
2

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
1
Washrooms
1
Kitchens
1

Room sizes

  • Living Room2.84 x 5.21
    Main level, Open Concept, Large Window, Laminate
  • Den1.55 x 2.77
    Main level, Open Concept, Combined w/Living, Laminate
  • Kitchen1.73 x 4.14
    Main level, Open Concept, Stainless Steel Appl, Laminate
  • Bedroom2.57 x 3.30
    Main level, Separate Room, Walk-In Closet(s), Laminate
  • Bathroom—
    Main level, 4 Pc Bath, Ceramic Floor

Washrooms

  • 4-piece, Main

Area
Waterloo
Municipality
Waterloo
Neighbourhood
Lakeshore Village
Main cross streets
Hickory St W/King St N
Directions
Hickory St W/King St N

MLS® number
X12277122
Data source
Toronto Regional Real Estate Board
Status change
2025-09-05
Listed on
2025-07-09
Days on market
58 days
Possession date
2025-08-27
Possession type
Immediate
Co-op commission
2.5%
Seller
Listed by
RE/MAX EXCEL REALTY LTD.

Home Market Value

Current home valuation for Unit 216, 318 Spruce Street, Waterloo, Lakeshore Village, Waterloo, ON. Listed for $298,000

HOMEH Estimate

?

$293,372

Estimated Sales Range

?

$231,764 - $354,980

HOMEH Estimate for Unit 216, 318 Spruce Street, Waterloo, Lakeshore Village

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

$293,372Medium confidence
Based on 3 comparable properties
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

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Waterloo, ON
Minimum Down Payment Required:5.0%

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

Minimum down payment

$14,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$11,324$8,314$7,092$0
=Total mortgage
$294,424$276,514$260,392$238,400
Amortization
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%
%
%
%
Payment frequency
=Mortgage payment
$1,438monthly$1,350monthly$1,271monthly$1,164monthly
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Land Transfer Tax

Provincial

$2,945

Total Land Transfer Tax

$2,945

Around this home

6/100Almost All Errands Require a Car
0/100Minimal Transit
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