709 - 321 Spruce Street

Introducing an exceptional apartment for sale in Waterloo , located at 321 Spruce Street, Waterloo. This spacious multi-level condo apartment offers an impressive 723 square feet of living space, perfectly designed for modern living. With its prime location just steps away from the University of Waterloo, Wilfrid Laurier University, and Conestoga College, this property is ideal for students, young professionals, and investors alike.

The apartment features one bedroom and a den, which is currently being utilised as a second bedroom, providing flexibility for various living arrangements. The den is equipped with a custom door, making it an excellent option for a home office or an additional sleeping area. With two bathrooms, this apartment for sale in Waterloo ensures convenience for both residents and guests.

As you enter the unit, you will be greeted by oversized windows that flood the space with natural light, creating a warm and inviting atmosphere. The high-end kitchen is a standout feature, boasting modern finishes that cater to the needs of any culinary enthusiast. The main kitchen is designed for both functionality and style, making it the perfect space for preparing meals or entertaining friends.

While the apartment does not come furnished, it offers a blank canvas for you to create your ideal living space. Additionally, the in-suite laundry adds a layer of convenience that enhances daily living. It is worth noting that the unit is equipped with central air conditioning, ensuring comfort throughout the year. However, there is no central vacuum system, garage space, or parking available, which may be a consideration for potential buyers.

The building itself is well-managed, providing residents with premium amenities that elevate the living experience. Among these amenities are a gym, a rooftop terrace, and a study/party room, all of which contribute to a vibrant community atmosphere. This apartment for sale in Waterloo is not just a home; it is part of a thriving environment that fosters connection and engagement.

The monthly condo fee of £197.31, which includes weekly housekeeping services, represents incredible value at just £50 per week. This service ensures that your unit remains pristine and well-maintained, allowing you to focus on enjoying the luxurious lifestyle that this apartment offers.

Located at 321 Spruce Street, Waterloo, this property presents a fantastic opportunity for vacant possession at the end of the school term. Whether you are considering purchasing this apartment for your children, as a smart investment, or for your own personal enjoyment, it caters to a variety of needs. The flexibility of the layout and the prime location make it an attractive option for anyone looking to live in or invest in the area.

In summary, this apartment for sale in Waterloo at 321 Spruce Street, Waterloo, is a rare find. With its spacious layout, modern finishes, and prime location, it is perfectly suited for a range of buyers. Don’t miss out on this opportunity to secure a property that not only meets your needs but also offers the potential for a luxurious lifestyle. Act now to explore this outstanding apartment for sale in Waterloo and make it your new home or investment.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an excellent choice for families. Within a short distance, you will find Winston Churchill Public School, an esteemed elementary school rated 4.9, just 0.9 km away, catering to grades JK to 6. MacGregor Public School, also an elementary institution for grades 7 to 8, is located 1.0 km from the property, although it currently has no rating. For secondary education, Waterloo Collegiate Institute is only 0.2 km away, boasting a rating of 6.3 for grades 9 to 12. St. David Catholic Secondary School, a nearby Catholic school, is just 0.6 km away with a solid rating of 7.4. Families seeking a French-language education can consider Elizabeth Ziegler Public School and Sir Edgar Bauer Catholic Elementary School, both offering French programs. St. Agnes Catholic Elementary School, rated 8.1, is also within 2.1 km. With a variety of educational options, including public and Catholic schools, and a mix of English and French language programs, this area is well-suited for families prioritizing quality education for their children.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, youthful community with a population of 1,817 and an average age of 25.9 years. Households typically consist of 2.2 individuals, with a significant portion of the population being single (83.94%) and a smaller percentage (28.57%) having children. The average household income stands at $50,100, with 38.5% of residents classified as low-income. A notable 93.96% of the population are renters, and the housing market is predominantly composed of condominiums, which make up 71.81% of available properties, with an average price of $440,000. Education levels are relatively high, with 53.78% of residents holding a college or university degree. Additionally, 19.94% of the population are immigrants, contributing to the area's diversity. However, a significant portion of the community (33.43%) is not actively participating in the labor force, indicating potential challenges in economic engagement. Overall, this area presents a vibrant, young demographic that may appeal to investors or individuals seeking a lively community atmosphere.