Listed for:Listed 1 day ago
$415,000

Unit 602, 318 Spruce Street

Waterloo (Downtown Waterloo), ON M5A 2J5

Common Element Condo For Sale
Sage II exteriorSage II23 storeys, 217 suites, built 2016
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for Unit 602, 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 602, 318 Spruce Street, Waterloo, Downtown Waterloo

Summarized Description

  • Spacious kitchen with ample counterspace and storage.
  • Bright unit with abundant natural light throughout.
  • Open balcony featuring unobstructed views.
  • Two well-designed bedrooms with large closets.
  • Ideal for young professionals, students, and investors.
  • Located near University of Waterloo and Laurier University.
  • Close to shopping, schools, and essential amenities.
  • Incredible price for a desirable condo unit.

Looking for the perfect condo in the heart of Waterloo? Look no further! Unit 602 at 318 Spruce St. gives you EVERYTHING and more! Like to cook? This amazing kitchen offers ample counterspace, full size appliances and TONS of storage. Don't feel boxed into a condo again, there is an abundance of natural light that floods into the unit from all sides! Both bedrooms are well designated with large closets and room for a large desk. Feel like a condo can get stuffy? The open balcony with unobstructed views gives you a chance to step into some fresh air after along day of work or study. The floor plan is perfect for young professionals, students, and investors alike. Sitting in the desirable residential cove near the University of Waterloo and Laurier University, 318 Spruce St. is easily accessible to shopping, schools, restaurants and all essentials and amenities that the city has to offer. Don't miss this amazing unit at an incredible price!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,726
Land Transfer Tax Fee
$4,775

Condo/Maintenance Fee

Maintenance Fee
$589 /month

Included In Maintenance Fee

  • Common Elements Included
  • Building Insurance 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
Open

Building

Building Type
Common Element Condo
Building Style
Apartment
Approx Age
11-15
Condo Corp Number
624

Construction

Exposure
West
Exterior Finish
Concrete
Special Designation
Unknown

Inclusions

Inclusions
All furniture, existing light fixtures & window coverings.

Parking & Garages

Garage Type
Underground
Garage Spaces
0
Parking Type
None
Parking Spaces
0
Total Garage And Parking Spaces
0

Lockers

Locker Type
None

Heating & Cooling

Heat Source
Electric
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
2
Washrooms
2
Kitchens
1

Washrooms

  • 3-piece, Main
  • 4-piece, Main

Municipality
Waterloo
Neighbourhood
Downtown Waterloo
Main cross streets
Hickory Street W & Spruce Street
Directions
Hickory Street W & Spruce Street

MLS® number
X14092992
Data source
Toronto Regional Real Estate Board
Listed on
2026-10-19
Updated on
2026-10-19
Days on market
1 day
Possession date
2026-11-01
Possession type
Flexible
Co-op commission
2.5% + HST
Seller
Listed by
ROYAL LEPAGE SIGNATURE CONNECT.CA REALTY

Home Market Value

Current home valuation for Unit 602, 318 Spruce Street, Waterloo, Downtown Waterloo, Waterloo, ON. Listed for $415,000

HOMEH Estimate

?

$395,504

Estimated Sales Range

?

$312,448 - $478,560

HOMEH Estimate for Unit 602, 318 Spruce Street, Waterloo, Downtown Waterloo

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

$395,504Medium confidence
Based on 3 comparable properties
+ $19,496 (5%) 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:5.0%

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

Minimum down payment

$20,750

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$15,770$11,579$9,877$0
=Total mortgage
$410,020$385,079$362,627$332,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,002monthly$1,880monthly$1,771monthly$1,621monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$4,775

Total Land Transfer Tax

$4,775

Around this home

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