219 - 318 Spruce Street

If you're on the lookout for a fantastic property, then this apartment for sale in Waterloo at 318 Spruce Street, Waterloo, is an incredible opportunity you won’t want to miss! Nestled in one of the most sought-after locations in the area, this spacious condo apartment boasts two generously sized bedrooms and three washrooms, making it perfect for anyone needing a bit of extra space. The layout is not only practical but also designed to maximise comfort and convenience, ideal for both young professionals and students alike.

As you step into this modern suite, you’ll immediately notice the stylish finishes that give it a contemporary flair. The kitchen, located on the ground floor, is equipped with stainless steel appliances that make cooking a delight. With a total of five rooms, including the two bedrooms and three bathrooms, you’ll find that this apartment for sale in Waterloo offers ample space for relaxation and productivity. Although there’s no den in this unit, the layout is so well thought out that you won’t miss it.

The three washrooms are a standout feature, including two full baths that provide maximum convenience and privacy, especially for those busy mornings. The central air conditioning will keep you cool during the warmer months, while the forced air heating ensures you’re snug and warm in winter. It’s worth noting that this apartment does not come with a fireplace, but the warmth of the home more than makes up for it.

One of the many perks of living at 318 Spruce Street, Waterloo, is the abundance of natural light that floods the space, thanks to the numerous large windows. This bright and airy atmosphere is perfect for anyone looking to create a welcoming home. Plus, the apartment is unfurnished, allowing you to put your own stamp on the space and make it truly yours.

Now, let’s talk about the location! This apartment for sale in Waterloo is situated in a newer, well-maintained building just a stone’s throw away from Wilfrid Laurier University and only minutes from the University of Waterloo. This makes it an ideal investment for student housing or a perfect home for young professionals who want to be close to the action. With easy access to Highway 85, the LRT, and a plethora of restaurants, shopping options, cafés, and even a cinema, you’ll find yourself right in the heart of it all.

For those who are keen on parking, this apartment does not come with a garage space or any additional land, but it does feature underground garage parking. While there are no extra features like a pool or central vacuum system, the essentials are all covered, making this a low-maintenance option for busy lifestyles.

Whether you’re an investor looking for reliable rental income or a parent seeking a safe and convenient home for your university student, this apartment for sale in Waterloo ticks all the boxes. With its prime location, spacious layout, and modern finishes, you can’t go wrong with this property.

Don’t let this opportunity slip through your fingers! The apartment at 318 Spruce Street, Waterloo, is move-in ready and priced to sell, making it a fantastic choice for anyone looking to settle in this vibrant community. So why wait? Come and see for yourself what makes this apartment for sale in Waterloo such a gem!

Schools in the Neighbourhood

This property is ideally situated near several reputable educational institutions, making it an excellent choice for families. Within a 1 km radius, you will find Winston Churchill Public School, an esteemed elementary school rated 4.9, and MacGregor Public School, which serves grades 7 to 8. For secondary education, Waterloo Collegiate Institute is just 0.3 km away, boasting a rating of 6.3. Additionally, St. David Catholic Secondary School, located only 0.6 km from the property, has a commendable rating of 7.4, providing an excellent option for high school students. The area also offers a variety of schools with diverse language programs, including French immersion options at Elizabeth Ziegler Public School and Sir Edgar Bauer Catholic Elementary School. St. Agnes Catholic Elementary School, rated 8.1, and Kitchener-Waterloo Collegiate and Vocational School, rated 7, are also within a short distance. This range of educational choices, coupled with their strong ratings, ensures that families will have access to quality education, making this property an attractive option for potential buyers seeking a family-friendly neighborhood.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,817 residents, characterized by a relatively young demographic with an average age of 25.9 years. The average household size is 2.2, and a significant portion of the population, approximately 83.94%, is single. The average household income stands at $50,100, with 38.5% of residents classified as low-income. Housing in the area is predominantly rental, with an impressive 93.96% of households renting their homes, while 71.81% of the properties are condominiums. Households with children make up 28.57% of the population, indicating some family presence despite the high percentage of singles. Additionally, 19.94% of the residents are immigrants, contributing to the area's diversity. Educational attainment is notable, with 53.78% of the population holding a college or university degree. However, 33.43% of residents are not in the labor force, which may reflect the young age demographic and the prevalence of students or those pursuing further education. The average property price in the area is approximately $440,000, suggesting a competitive real estate market. Overall, this demographic profile highlights a vibrant, youthful community with a mix of renters and a significant educational background.