801 - 318 Spruce Street

Introducing an exceptional opportunity to acquire an apartment for sale in Waterloo , located at 318 Spruce Street, Waterloo. This well-appointed condo apartment offers a comfortable living space, ideal for those seeking proximity to the vibrant academic atmosphere of the University of Waterloo and Wilfrid Laurier University. With its strategic location just steps away from these esteemed institutions, this apartment is perfect for students, professionals, or anyone looking to enjoy the dynamic lifestyle that Waterloo has to offer.

The apartment for sale in Waterloo features one spacious bedroom and an additional den, providing versatility for your living arrangements. Whether you need a home office, a guest room, or simply extra storage space, the den is a valuable addition to this residence. The property boasts two bathrooms, including a convenient 1.5 bathroom layout that is equipped with modern five-piece appliances and an in-suite laundry facility. This thoughtful design ensures that you have all the comforts of home at your fingertips.

As you step into the apartment at 318 Spruce Street, Waterloo, you will appreciate the well-designed layout comprising a total of four rooms. The flat-style kitchen is functional and ready for your culinary adventures, while the unfurnished nature of the apartment allows you to personalise the space to reflect your own style and taste. Central air conditioning ensures that you remain comfortable throughout the warmer months, while the forced air heating system provides warmth during the cooler seasons.

While this apartment for sale in Waterloo does not feature a fireplace or a swimming pool, it compensates with its impressive amenities. Residents can take advantage of the fitness centre, perfect for maintaining an active lifestyle, and the rooftop terrace, which offers a splendid space to unwind and enjoy the views of the surrounding area. Additionally, bike storage is available, catering to those who prefer cycling as their mode of transport.

Parking is made easy with one underground garage space included, providing secure and convenient access to your vehicle. However, it is important to note that there are no additional parking spaces available, which is a consideration for those with multiple vehicles. The absence of a central vacuum system and additional land may seem like drawbacks, but the apartment's prime location and the amenities offered more than make up for these factors.

Living at 318 Spruce Street, Waterloo, means being part of a thriving community that boasts an array of local shops, restaurants, and recreational facilities. The area is well-connected, making commuting to nearby attractions and services a breeze. This apartment for sale in Waterloo truly embodies the essence of modern living, providing a harmonious blend of comfort and convenience.

In summary, if you are in search of an apartment for sale in Waterloo that offers a well-thought-out living space, look no further than 318 Spruce Street, Waterloo. With its one bedroom, den, and two bathrooms, this condo apartment is perfectly suited for individuals or couples who appreciate a blend of functionality and style. The building's amenities, including a fitness centre and rooftop terrace, enhance the living experience, while the underground parking space adds an element of convenience.

Seize this opportunity to make 318 Spruce Street, Waterloo, your new home. This apartment for sale in Waterloo is not just a property; it is a lifestyle choice that places you at the heart of one of Ontario's most vibrant cities. Don't miss out on this chance to invest in your future—schedule a viewing today and discover all that this remarkable apartment has to offer.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. Within a 1.0 km radius, you will find Winston Churchill Public School, an elementary school with an impressive rating of 4.9, and MacGregor Public School, which serves grades 7 and 8, although it currently has a rating of 0. For secondary education, Waterloo Collegiate Institute is just 0.3 km away, rated at 6.3, while Kitchener-Waterloo Collegiate and Vocational School is a bit further at 3.0 km, boasting a rating of 7. Additionally, St. Agnes Catholic Elementary School and St. David Catholic Secondary School, both offering strong programs with ratings of 8.1 and 7.4 respectively, are within a 2 km distance. For families seeking French-language education, Elizabeth Ziegler Public School and Sir Edgar Bauer Catholic Elementary School offer options as well. Overall, the area is well-served by a mix of public and Catholic schools, providing a range of educational opportunities for children from junior kindergarten through high school.

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 is predominantly young, with an average age of 25.9 years. The average household income stands at $50,100, but a significant portion of the population, 38.5%, is classified as low-income. The housing market reflects a median price of $440,000, and the community is characterized by a high percentage of single individuals, comprising 83.94% of the population. Households with children make up 28.57%, indicating a family presence despite the youthful demographic. Immigrants represent 19.94% of the population, contributing to the area's diversity. The rental market is robust, with 93.96% of residents renting their homes, and condos are particularly prevalent, accounting for 71.81% of housing types. Educational attainment is notable, with 53.78% of the population holding a college or university degree. However, a considerable 33.43% of the residents are not in the labor force, suggesting potential economic challenges within the community. Overall, this area presents a youthful, diverse, and predominantly rental-based demographic landscape.