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Property Type: Condo / ApartmentOwnership: Condominium
321 SPRUCE Street Unit# 710
Waterloo, ON N2L0G4
MLS® 40852813
$298,000
2 bed2 bath711 sqftBuilt 2017
Amenities
Gym
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 2
GR
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $746/mo
- Annual property tax
- $3,981.68
Maintenance Fee Includes
Management
Also included: Insurance
Interior
- Basement
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Den | Second level | 8'0'' x 7'0'' |
| Bedroom | Second level | 9'0'' x 9'0'' |
| 3pc Bathroom | Second level | — |
| 3pc Bathroom | Main level | — |
| Living room | Main level | 9'0'' x 8'0'' |
| Kitchen | Main level | 6'0'' x 15'0'' |
| Dining room | Lower level | 4'0'' x 6'0'' |
Description
Close to University of Waterloo and Wilfrid Laurier University, but not losing your lifestyle. This is one of the kind. Urban Loft CondoModern two-level loft-style condo in the heart of Waterloo, steps from the University of Waterloo, Wilfrid Laurier University, and Conestoga College. This bright 1-bedroom + den (or second bedroom), 2-bathroom loft suite features an open-concept main floor with soaring windows and abundant natural light. The contemporary kitchen offers stainless steel appliances and flows into a spacious living area ideal for studying, relaxing, or entertaining. Upstairs, the private loft primary bedroom is complemented by a flexible den that serves as a second bedroom or home office. Dual full bathrooms (one on each level) and in-suite laundry provide everyday convenience.Located in Waterloo's vibrant urban core, enjoy cafés, restaurants, shopping, parks, and transit all within walking distance. Perfect for students or young professionals seeking style, flexibility, and an unbeatable location. (id:63159)
Listing Information
- MLS®
- 40852813
- Data last synced
- September 15, 2026
HOMELIFE LANDMARK REALTY INC
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: HOMELIFE LANDMARK REALTY INC
MLS® Number: 40852813
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 Cornerstone Association of REALTORS®.
Values & Trends
This listing
$419/sqft
Building average
—
No other active listings in this building
417 - Beechwood/University average
$511/sqft
51 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: Guelph
5°C
—
Humidity 95%
Wind NNE calm km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
126,356
(2021 Census)
+15.5% since 2016
Density:
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($14,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$238,400.00
Periodic payment — Principal & Interest (monthly)$1,538.08
Additional monthly expenses (condo fees, tax, utilities, etc.)$1,114.17
Total monthly cost$2,652.24
Interest paid over 5-yr term$68,326.13
Balance at end of term$214,441.57
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$14,900
Stress test qualifying rate8.19%
Payment you must qualify for$2,195.08
Cash Needed at Closing
Minimum down payment$14,900
Estimated Land Transfer Tax (LTT)$2,945
Legal / closing costs (typical estimate)$1,500
Total cash needed$19,345
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.
