$5,980,000
Est. payment $26,478/moCalculate yours
329 Spruce Street, Waterloo, ON N2L 3M6
Waterloo, ON N2L 3M6
- 9 + 5 Beds
- 6 Baths
- 2,000 Sq Ft
Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC. MLS® X13229126
About this home
Plan Approved! Ready For Building Permit! 329 and 331 Spruce, 2 Assembled Lots To Be PurchasedTogether! Approved Plan For A 9-Storey Student Residence Featuring 88 Bedrooms! ExceptionalOpportunity For Builders, Developers And Investor In Prime Location Just Steps From Campus!Currently Income Generating And Professionally Managed! Turnkey Operation For Investors LookingTo Hold And Benefit! Conveniently Located Within Walking distance Of University, Shopping,Public Transit, Employment Centres, Parks And More! Rare Chance To Secure A High-PotentialDevelopment Site In Sought-After Location!
Property details
Overview
- Property Type
- Multiplex
- Style
- Other
- For
- For Sale
- Status
- New
- Size
- 2,000 sqft
Interior
- Bedrooms
- 9 + 5
- Bathrooms
- 6
- Kitchens
- 3
- Basement
- Apartment, Separate Entrance
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Window Unit(s)
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 52.06 x 145.87 Feet
- Parking
- None garage · 7 total
Financial
- Property Taxes
- $12,207 (2025)
Location
- Cross Street
- King/Columbia
- Direction Faces
- West
Listing
- MLS® Number
- X13229126
- Days on Market
- 138
- Listed On
- 2026-06-02
- Possession
- Flexible
- Listed By
- SUTTON GROUP-ADMIRAL REALTY INC.
Features
Interior
- Other
Property
- School
- Public Transit
Pool
- None
- Included
- Gas Forced Air And Electric Baseboard Heat In Different Areas. Water Heaters Owned. Dishwasher, Washer & Dryer, Stove, Fridge, Included In Each Unit. Second Fridge In Unit 1.
Mortgage calculator
Estimated mortgage payment
$26,478 per month
- Principal and interest
- $26,478
- Property tax
- $1,017
- Condo fees
- $0
- Estimated monthly cost
- $27,495
Your mortgage
- Mortgage amount
- $4,784,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $3,159,444
Cash to close
- Down payment
- $1,196,000
- Land transfer tax
- $135,975
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $1,331,975
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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