318 Spruce Street

About this Property

Turnkey investment in Waterloo’s University District! Unit 1202 at 318 Spruce Street is a 3-bedroom, 2-bathroom condo with tenants already in place, so a buyer takes over an existing lease rather than starting from a vacant unit. Located steps from the University of Waterloo and Wilfrid Laurier University, this suite sits in a well-known rental area of Kitchener-Waterloo that is popular with students and young professionals. The suite features 3 bedrooms, two full bathrooms, a kitchen with granite countertops and stainless steel appliances, and in-suite laundry. It’s a practical layout for a rental, with a bedroom count and in-suite laundry that tenants in this area look for. Close to transit, shopping, restaurants and everything uptown Waterloo has to offer. Whether you’re adding to your portfolio or buying your first investment property, this one is worth a look.

Listing Details

MLS #

40872985

Board

ITSO

Market

ontario

Property Type

Condo/Apt Unit

Style

Apartment

Year Built

2016

Garage Spaces

1

Parking Spaces

1

Heating

Forced Air, Natural Gas

Cooling

Central Air

Lot Size

0.00 × 0 ft

Annual Taxes

$4,685/yr

Listed By

Real Broker Ontario Ltd.

Presented By

REMAX Hallmark®

Listed On

October 23, 2026

Days on Market

0

Features & Extras