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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Waterloo
  • 417 - Beechwood/University
  • 318 Spruce Street
318-spruce-street-waterloo-ontario-40697461
318-spruce-street-waterloo-ontario-40697461
318-spruce-street-waterloo-ontario-40697461
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  • Sold Sold in Jul 2025
  • Condo Apt

502 - 318 Spruce Street

Waterloo, 417 - Beechwood/University
  • 2 Bedrooms
  • 2 Bathrooms
  • 1 Garage
  • Share
Sold Price: $ 412,500
2.94%
Listed Price: $ 425,000
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Key Facts About 502 - 318 Spruce Street, Waterloo

  • Tax $4,352 / 2025
  • Property Type Residential
  • Building Type Condo/Apt Unit
  • Building Style 1 Storey/Apt
  • Property Attached Attached
  • Maintenance Fees $606.67
  • Building Age 2016
  • Size 957 feet²
  • Listing # 40697461
  • Data Source ITSO
  • Days on Market 157
  • Listed On 10/02/2025
  • Updated On 05/09/2025
  • Market Demand
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Description

Calling all investors, parents of students, and young professionals! Welcome to luxury living at Sage Condos, located in the heart of Waterloo’s vibrant University Core. This freshly repainted (August 2024) 2-bedroom, 2-bathroom unit offers the perfect blend of style and convenience, ideal for students and young professionals alike. Inside, you’ll find spacious, modern interiors with a gourmet kitchen featuring stainless steel appliances and stone countertops. The unit also includes in-suite laundry, a private balcony with stunning city views,

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Property Details of 502 - 318 Spruce Street, Waterloo

Property

  • Property Type Condo Apt, Attached
  • Style 1 Storey/Apt
  • Fronting On North
  • Community 417 - Beechwood/University
  • Municipality Waterloo

Inside

  • Bedrooms 2
  • Bathrooms 2
  • Kitchen 1
  • Rooms 6
  • Fireplace Y
  • Appliances Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Appliances Included Dishwasher,Dryer,Furniture,Microwave,Refrigerator,Stove,Wash...View More

Utilities

  • Water Municipal-Metered
  • Cooling Central Air
  • Heating Type Forced Air, Natural Gas

Building

  • Size 957 feet²
  • Architecture Style 1 Storey/Apt
  • Exterior Feature Balcony
  • Roof Flat
  • Construction Brick Veneer
  • Amenities Elevator(s), Fitness Center, Party Room, Parking
  • Building Age 2016

Parking

  • Drive Way Covered Parking
  • Garage Type Exclusive
  • Garage 1
  • Total Parking Places 1

Land

  • Zoning GR

Features

  • Separate Heating Controls Y

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Our Estimate

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Estimated Rent

$ 2,735

Rental Yield

5.73%

School Score

8/10

Rental Score

5/5

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Rooms

Kitchen (2.82X2.72 metre)
Level: Main
Bathroom
Level: Main
Bedroom (3.81X2.9 metre)
Level: Main
Bedroom (3.61X3.1 metre)
Level: Main
Living Room/Dining Room (4.93X3.05 metre)
Level: Main
Level: Main

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,176

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $607
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Data is provided courtesy of ITSO © 2021 ITSO ( https://www.itsosystems.ca ) The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information deemed reliable but not guaranteed.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 502 - 318 Spruce Street, Waterloo

If you're on the hunt for a condo for sale in Waterloo , look no further than this fantastic offering at 318 Spruce Street, Waterloo. Nestled in the vibrant community of 417 - Beechwood/University, this splendid condo apartment is perfect for investors, parents of students, and young professionals alike. With its prime location and modern features, this property truly embodies luxury living in the heart of Waterloo.

This stylish 1-storey apartment boasts two spacious bedrooms and two well-appointed bathrooms, making it an ideal choice for those seeking comfort and convenience. The unit is unfurnished, allowing you to personalise the space to your taste. The heart of the home is undoubtedly the main kitchen, which comes fully equipped with stainless steel appliances, including a dishwasher, microwave, refrigerator, stove, and even a dryer and washer for your laundry needs. The stone countertops add a touch of elegance, making it a delightful space for cooking and entertaining.

One of the standout features of this condo for sale in Waterloo is the private balcony that offers stunning views of the city. Imagine sipping your morning coffee or unwinding after a long day while taking in the sights and sounds of Waterloo from your own outdoor space. The unit also benefits from central air conditioning, ensuring you stay cool during those warm summer months.

For those chilly winter nights, you’ll be pleased to know that this condo is equipped with a fireplace, perfect for creating a cosy atmosphere. The forced air heating system, powered by natural gas, guarantees a warm and inviting home all season long. Additionally, the property is connected to municipal metered water, providing you with peace of mind regarding your water supply.

With a total of six rooms, including a welcoming living area, this condo has plenty of space for relaxation and entertaining. Although there’s no family room or den, the layout is designed to maximise comfort and functionality. You’ll also appreciate the convenience of having an exclusive garage space, ensuring your vehicle is secure and easily accessible.

Location is everything, and this condo for sale in Waterloo is just a stone’s throw away from the University of Waterloo and Wilfrid Laurier University. With shops, restaurants, the GO Bus Station, and light rail transit all within walking distance, you’ll find that everything you need is right at your doorstep. Whether you’re a student looking for a convenient place to live or a professional wanting to be close to the action, this property ticks all the boxes.

The building itself, constructed in 2016, offers a modern aesthetic and a range of premium amenities. Residents can enjoy access to a rooftop terrace, gym, and party room, perfect for socialising and unwinding after a busy week. High-speed internet is also available, making it easy to stay connected, whether for work or leisure.

In summary, if you're searching for a condo for sale in Waterloo, 318 Spruce Street, Waterloo is a must-see. With its modern features, prime location, and luxurious amenities, this property is perfect for anyone looking to invest, buy for a student, or simply find their next home. Don't miss out on the opportunity to own a piece of this vibrant community—schedule a viewing today and see for yourself what makes this condo such a fantastic choice!

Beechwood/University is a charming and vibrant neighbourhood in Waterloo, renowned for its picturesque streets and close-knit atmosphere. Nestled near the University of Waterloo, this area offers a unique blend of academic energy and residential comfort, making it ideal for students, professionals, and families alike. Lush parks and green spaces provide ample opportunities for outdoor activities, while local shops, cafes, and restaurants add to the community's appeal. With excellent public transport links and a strong sense of community spirit, Beechwood/University is a delightful place to call home, offering both convenience and a welcoming environment.

Schools in the Neighbourhood

This property is conveniently located near a variety of educational institutions, making it an ideal choice for families. Within a 2 km radius, you’ll find several public and Catholic schools catering to different educational needs. Winston Churchill Public School, just 1.0 km away, offers elementary education from JK to grade 6 and boasts a high rating of 4.7. For older children, Waterloo Collegiate Institute is only 0.3 km away, providing secondary education with a rating of 6.9. St. David Catholic Secondary School, located 0.7 km from the property, offers a strong Catholic secondary education with a rating of 7. Additionally, St. Agnes Catholic Elementary School is 2.0 km away, catering to grades JK to 8 with a rating of 6.4. The area also features French-language options, such as Elizabeth Ziegler Public School and Sir Edgar Bauer Catholic Elementary School. Overall, the proximity to a diverse range of quality schools enhances the appeal of this property, ensuring that educational opportunities are readily accessible for children of all ages.

FAQs About 502 - 318 Spruce Street, Waterloo

How many bathrooms does this property have?

This property features 2 bathroom(s) and 2 bedroom(s).

Does this 2 bedroom property have additional bedrooms or a den?

This Condo Apt property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 2 bed property in Waterloo is 957.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 318 Spruce Street?

This property features a garage with space for 1 cars.

What type of garage does this property have?

This property includes an Exclusive garage with space for 1 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

A fireplace is available in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $606.67.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air, Natural Gas.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 502 - 318 Spruce Street, Waterloo

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Listing History

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