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Property Type: Condo / ApartmentOwnership: Condominium
215 - 318 SPRUCE STREET
Waterloo, ON N2L0E9
MLS® X14102456
87
Walk Score
64
Transit
76
Bike
$309,000
1 bed1 bath0 parking
87
Walk Score
64
Transit
76
Bike
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $499/mo
- Annual property tax
- $4,182.2 (2026)
Maintenance Fee Includes
WaterHeat
Also included: Common Area Maintenance, Insurance
Interior
- Basement
- None
- Heating
- Forced air, Natural gas
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | — |
| Dining room | Main level | — |
| Kitchen | Main level | — |
| Bedroom | Main level | — |
| Den | Main level | — |
Description
Welcome to this bright and spacious 807 sq. ft. one bedroom plus den condo ideally situated just a 5-minute walk to Wilfrid Laurier University and Conestoga College, and only a 5-minute drive to the University of Waterloo. This is an exceptional opportunity whether you are an investor looking for a high-demand rental property, a student, or a young professional. Boasting carpet-free laminate floors and expansive windows that flood the space with natural light, this functional layout features a modern kitchen with stainless steel appliances, complemented by a 4-piece bathroom and in-suite laundry. Residents can also enjoy fantastic building amenities, including a gym, bike storage, a party room and visitor parking. Ready for immediate move-in or rental with TV and furniture included. Within easy walking distance to public transit, shopping, restaurants, and everyday essentials, this condo offers comfortable and convenient living in a prime Waterloo location! (id:63161)
Listing Information
- MLS®
- X14102456
- Tax assessment year
- 2026
- Data last synced
- October 28, 2026
RE/MAX WEST REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX WEST REALTY INC.
MLS® Number: X14102456
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Toronto Regional Real Estate Board.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Waterloo average
$476/sqft
185 active listing(s)
Parking: Not indicatedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Cambridge
3°C
Fog
Humidity 98%
Wind NE calm km/h
Today
20°
Tonight
5°
Friday
12°
Friday night
-2°
Saturday
14°
Saturday night
3°
Source: Environment and Climate Change Canada.
Population
126,356
(2021 Census)
+15.5% since 2016
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($15,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$247,200.00
Periodic payment — Principal & Interest (monthly)$1,594.85
Additional monthly expenses (condo fees, tax, utilities, etc.)$847.10
Total monthly cost$2,441.95
Interest paid over 5-yr term$70,848.23
Balance at end of term$222,357.20
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$15,450
Stress test qualifying rate8.19%
Payment you must qualify for$2,276.11
Cash Needed at Closing
Minimum down payment$15,450
Estimated Land Transfer Tax (LTT)$3,110
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,060
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
