For SaleCondo Apartment

321 Spruce Street, Unit 312

$265,000
1 Bed + Den1 Bath550 sqft$482/sq ft92d on market
U Plus CondosbyBall Construction
MLS# X13062008Waterloo · N2L 0G4
Bedrooms
1 Bed + Den
Bathrooms
1 Bath
Size (MLS Range)
500-599 sq ft
Parking
None
Locker
None

About This Listing

Excellent Investment Opportunity. 1+1 Corner Condo Unit Located In The Center Of University Town In Waterloo. Steps Away from Wilfred Laurier University, University Of Waterloo And Conestoga College. The unit features a well-designed layout, quartz countertops, premium laminate flooring throughout, in-suite laundry, and comes with furniture (sold as-is). The bright den includes two windows and can serve as a second bedroom. A weekly cleaning service costing $126.72 per month makes the unit easier to rent out and generates higher rental returns. The building offers excellent amenities, including a gym, shuttle service, keyless entry system, guest suites, a rooftop terrace, and more. The current tenant will move out on May 31, 2026. The seller is highly motivated - don't miss out on this prime opportunity!

Monthly Mortgage (P&I)$1,155
Property Tax (MLS)$284
Maintenance Fees$705
Total Monthly Cost$2,144

Down payment: $53,000 (20.0%) · Mortgage: $212,000

Property tax uses MLS annual tax of $3,414/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Property Details

MLS NumberX13062008
Property TypeCondo Apartment
StyleApartment
Listing TypeFor Sale
StatusActive
Bedrooms1 Bed + Den
Bathrooms1
Size500-599 sq ft
ExposureWest
Parking Spaces0
Parking TypeNone
LockerNone
Maintenance Fee$704.83/mo
Property Tax$3,413.81/yr
Days on Market92
Listed2026-04-30
MunicipalityWaterloo
Cross StreetColumbia And King St N
U Plus Condos

U Plus Condos

Red Bricks Data

by Ball Construction · 321 Spruce Street

7 Storeys68 SuitesCompleteWalk 77Transit 65

Maint. Fees

0.00

Occupancy

2017

Live MLSFor Sale: 2 activeFor Rent: 5 · $2.87/sqft
View full building profile

Listing provided by HOMELIFE LANDMARK REALTY INC.

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Data last updated: August 23, 2026 at 10:26 a.m.