Was listed for:Expired Mar 31, 2025
$4,999,000

347 Spruce Street

Waterloo, ON N2L 3M6

Multiplex ExpiredNot available

This listing has ended. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for 347 Spruce Street, Waterloo

2025-01-28
2025-03-31
Expired
Price
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MLS#
x11943956

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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 347 Spruce Street, Waterloo

What a great investment opportunity! The property is a student residence, sold as Income/ investment opportunity. There are 35 bedrooms at 347 Spruce St. or 11 units with a total of 35 bedrooms. There are 1x 3 bed/Kit/ Living/ 1 bath (3 beds): 6x 2 beds/Kit/ Living/1 bath (12 beds); and 4x 5 beds/Kit/ Living/ 2 bath (20 beds). The property is located within 16 minutes walk to Wilfrid Laurier, Waterloo. It is also near University of Waterloo and University of Guelph. 347 Spruce St. is located near Kitchener/Waterloo Airport, located 21.4 kilometers or 25 minutes away (drive). See attachments for presentation and floor plans. **EXTRAS** 347 Spruce St has 11 units and a total of 35 bedrooms; There are 1x 3 bed/Kit/ Living/ 1 bath (3 beds): 6x 2 beds/Kit/ Living/1 bath (12 beds); and 4x 5 beds/Kit/ Living/ 2 bath (20 beds)

Key Facts & Features

Property Costs

Annual Property Tax Amount
$31,278
Land Transfer Tax Fee
$111,450

Rental Items

Rental Equipment
Hot Water Heater/s (if rental)

Basement Type
Finished

Interior Features

Interior Extras
Water Heater
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
3-Storey

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Unknown
Special Designation
Unknown

Lot

Lot Front
48.14 ft
Lot Depth
180.28 ft
Lot Shape
Irregular

Inclusions

Inclusions
EXTRAS Bedrooms furnished with a bed, bedside table and a desk (with exceptions)

Exclusions

Exclusions
Tenant's belongings

Parking & Garages

Garage Type
None
Garage Spaces
6
Parking Spaces
6
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
9 + 9
Washrooms
15
Kitchens
9
Family / bonus room
Yes

Washrooms

  • 3-piece
  • 4-piece

Municipality
Waterloo
Main cross streets
Columbia St W and King St N.

MLS® number
X11943956
Data source
Toronto Regional Real Estate Board
Status change
2025-03-31
Listed on
2025-01-28
Days on market
62 days
Possession type
To Be Determined
Co-op commission
1.25
Seller
Listed by
RIGHT AT HOME REALTY

Home Market Value

Current home valuation for 347 Spruce Street, Waterloo, , . Listed for $4,999,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 347 Spruce Street, Waterloo

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Minimum Down Payment Required:20.0%

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Minimum down payment

$999,800

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$3,999,200$3,749,250$3,499,300$3,249,350
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$19,526monthly$18,306monthly$17,085monthly$15,865monthly
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Land Transfer Tax

Provincial

$111,450

Total Land Transfer Tax

$111,450

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