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.
| MLS # | X14111422 |
|---|---|
| Listing Type | For Sale |
| Style | 1 Storey/apt |
| HOA Dues | $743 |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 10 |
| Listing Provided By | REAL BROKER ONTARIO LTD. | X14111422 384011 |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 |
| Interior Features | Auto Garage Door Remote |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
| Laundry Features | In-Suite Laundry |
| Roof | Flat |
|---|---|
| Construction Materials | Concrete Block |
| Garage Yes / No | No |
|---|---|
| Parking Features | Private |
| Tax Annual Amount | 4685 |
|---|---|
| Tax Assessed Value | 342000 |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Waterloo |
| City | Waterloo |
| Postal Code | N2L 3H6 |
| Listing VS Median (in N2L 3H6) | |
Price: $499,900 low | high Med: $0 On site: 10 low | high Med: | |
| Province | ON |
|---|---|
| County | Waterloo |
| City | Waterloo |
| Postal Code | N2L 3H6 |
| Listing VS Median (in N2L 3H6) | |
Price: $499,900 low | high Med: $0 On site: 10 low | high Med: | |