302 - 318 Spruce Street

Welcome to this premium contemporary condo for sale in Waterloo , located at 318 Spruce Street, Waterloo. This modern gem boasts an impressive 953 square feet of stylish living space, making it an ideal choice for students or parents looking for a savvy investment. With its prime location near the University of Waterloo and Wilfrid Laurier University, this condo is perfectly positioned to take advantage of everything the area has to offer.

As you step into this lovely condo for sale in Waterloo, you’ll immediately notice the sleek kitchen that features stunning granite countertops, stainless steel appliances, and plenty of cabinetry for all your culinary needs. Whether you’re whipping up a quick breakfast or hosting a dinner party, this kitchen is designed to impress. The main kitchen area is well-equipped with a built-in microwave, dishwasher, dryer, refrigerator, stove, and washer, ensuring that you have everything you need at your fingertips.

This 2-bedroom, 2-bathroom condo is thoughtfully designed with high ceilings that soar over 10 feet, creating an airy and spacious atmosphere. The laminate and tile flooring throughout adds a touch of elegance and is easy to maintain. Each bedroom comes with its own private ensuite, offering a perfect retreat for relaxation and privacy.

Although this condo for sale in Waterloo is unfurnished, it provides a blank canvas for you to personalise and make your own. The absence of a den and family room means that the layout is streamlined, focusing on the essential living spaces. With a total of 8 rooms, including two well-sized bedrooms and two bathrooms, there’s ample space for comfortable living.

The condo is equipped with central air conditioning, ensuring you stay cool during the warmer months. However, it’s worth noting that there is no pool on the premises, but the outdoor spaces more than make up for it. You’ll enjoy not one, but two outdoor areas, including a massive 28’ x 18’ terrace that’s perfect for entertaining friends or simply enjoying a quiet evening under the stars.

In terms of parking, this property features an attached garage with exclusive access, providing a secure space for your vehicle. However, there are no additional parking spaces available. The condo is heated by an electric forced air system, keeping you warm and cosy during the colder months. The property is also connected to municipal water, ensuring a reliable supply.

This condo for sale in Waterloo is situated in the 417 - Beechwood/University community, making it an ideal location for those who want to be close to both universities, shopping, restaurants, and all the amenities that Uptown Waterloo has to offer. The area is vibrant and bustling, providing a fantastic backdrop for both students and families alike.

Built in 2017, this condo is relatively new and has been well-maintained, allowing you to move in with peace of mind. With no basement and no central vacuum system, the property is straightforward and easy to manage, perfect for those with a busy lifestyle.

Don’t miss out on this fantastic opportunity to own a stylish condo for sale in Waterloo. Whether you’re looking for a place to call home or a smart investment, this property at 318 Spruce Street, Waterloo, ticks all the boxes. With its modern features, prime location, and spacious layout, it’s a must-see for anyone in the market for a contemporary living space. So, why wait? Come and explore this exceptional condo for sale in Waterloo today!

Beechwood/University is a charming and vibrant neighbourhood nestled in the city of Waterloo, known for its picturesque tree-lined streets and a welcoming atmosphere. This area boasts a unique blend of residential homes, local shops, and green spaces, making it an ideal place for families and professionals alike. With its proximity to the University of Waterloo, residents enjoy easy access to educational and cultural amenities, as well as a variety of recreational activities. The community is well-connected by public transport, and its diverse population fosters a lively and inclusive environment. Whether you’re seeking a quiet retreat or a dynamic lifestyle, Beechwood/University offers the perfect balance for prospective residents.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a 2 km radius, you'll find a mix of public and Catholic schools catering to various educational needs. The highly-rated Winston Churchill Public School, just 1.0 km away, offers elementary education from JK to Grade 6 with an impressive rating of 4.7. For older students, Waterloo Collegiate Institute, located only 0.2 km from the property, provides secondary education for grades 9 to 12 and has a rating of 6.9. Additionally, St. David Catholic Secondary School, a mere 0.6 km away, offers a strong Catholic secondary education with a rating of 7. Families will also appreciate the presence of St. Agnes Catholic Elementary School and Elizabeth Ziegler Public School, both within 2 km, providing diverse language options including English and French. Overall, this area boasts a variety of educational opportunities, ensuring that children have access to quality schooling close to home.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,817 residents, with an average household size of 2.2 individuals. The demographic profile reveals a youthful community, with an average age of 25.9 years. The average household income stands at $50,100, but a significant portion, 38.5%, falls within the low-income bracket. The real estate market reflects a median price of $440,000, with a predominant rental market where 93.96% of residents are renters, and 71.81% live in condominiums. A striking 83.94% of the population is single, while 28.57% of households include children. The community is also notable for its diversity, with nearly 20% of residents being immigrants. Educational attainment is relatively high, with 53.78% of the population holding a college or university degree. However, there is a considerable segment, 33.43%, not participating in the labor force. This combination of factors indicates a vibrant, young, and diverse community, with a strong rental market and a significant number of single residents, making it an attractive area for potential investors and homebuyers alike.