321 Spruce Street, Unit 312
321 Spruce Street, Unit 312
$265,000
$482/sq ft · 92 days on market
About This Listing
Excellent Investment Opportunity. 1+1 Corner Condo Unit Located In The Center Of University Town In Waterloo. Steps Away from Wilfred Laurier University, University Of Waterloo And Conestoga College. The unit features a well-designed layout, quartz countertops, premium laminate flooring throughout, in-suite laundry, and comes with furniture (sold as-is). The bright den includes two windows and can serve as a second bedroom. A weekly cleaning service costing $126.72 per month makes the unit easier to rent out and generates higher rental returns. The building offers excellent amenities, including a gym, shuttle service, keyless entry system, guest suites, a rooftop terrace, and more. The current tenant will move out on May 31, 2026. The seller is highly motivated - don't miss out on this prime opportunity!
| Monthly Mortgage (P&I) | $1,155 |
| Property Tax (MLS) | $284 |
| Maintenance Fees | $705 |
| Total Monthly Cost | $2,144 |
Down payment: $53,000 (20.0%) · Mortgage: $212,000
Property tax uses MLS annual tax of $3,414/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details

U Plus Condos
Red Bricks Databy Ball Construction · 321 Spruce Street
Maint. Fees
0.00
Occupancy
2017
Listing provided by HOMELIFE LANDMARK REALTY INC.
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Data last updated: August 23, 2026 at 04:27 p.m.