1202- 318 Spruce Street

Waterloo, ONCondo Apartment
$499,900
MLS® X14111422
Condo Apartment3 beds2 baths1 total
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About This Property

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. (id:63604)

Key Facts

Type
Condo Apartment
Beds
3
Baths
2
Size
900 sqft
Parking
1 total
Condo fee
$743

Highlights

  • Washer
  • Refrigerator
  • Dishwasher
  • Stove
  • Dryer
  • Microwave
  • Garage door opener remote(s)
Property Details 13 details
Bedrooms
3 bedrooms
3 above grade
Bathrooms
2 bathrooms
Parking
1 parking space
Underground · No Garage
Living area
900 - 999 sq. ft.
Property
Single Family · Condo/Strata · Attached
Property subtype
Single Family
Structure type
Apartment
Ownership
Condo/Strata
Attached status
Attached
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Taxes
$4,685.00 (2,026)
Zoning
GR

Interior features

WasherRefrigeratorDishwasherStoveDryerMicrowaveGarage door opener remote(s)Storage - Locker

Exterior features

Concrete Block

Systems and association

HeatInsuranceParking

Lot and water

BalconyIn suite Laundry
Rooms 6 rooms
Level
Room
Dimensions
Main level
Bedroom
4.93 m x 3.05 m
Main level
Kitchen
2.82 m x 2.49 m
Main level
Primary Bedroom
3.81 m x 2.9 m
Other
Bathroom
Not specified
Main level
Bedroom
3.53 m x 3.1 m
Other
Bathroom
Not specified
Mortgage & Affordability Estimate monthly costs
Purchase price$499,900
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

City
Waterloo
Postal code
N2L 3H6
Nearby
Cross Streets: HICKORY ST W. ** Directions: HICKORY ST W & SPRUCE ST.