318 SPRUCE Street Unit# 1501

About this home.

Welcome to 318 Spruce Street in Waterloo. This well-designed one-bedroom condominium features a versatile den, a full bathroom, and an additional powder room. The unit also includes its own laundry room, a spacious balcony with lovely views of Waterloo, and a convenient garage parking space. Ideally located just minutes from both the University of Waterloo and Wilfrid Laurier University, as well as public transit and a wide range of amenities, this home offers both comfort and convenience. Filled with natural light and finished with quality details throughout, it’s a fantastic opportunity for homeowners and investors alike. Book your private showing today! (id:59491)

The full record.

How this listing prices against Beechwood/University.

Beechwood/University was highly supplied this period, with 13 sales against 98 active listings, one of the loosest inventory setups in Waterloo. The average sale price was $621,462, well below the city average, homes took 34 days to sell, and deals closed at 94.02% of list, all signs of a softer market overall. Activity split between 5 freeholds and 8 condos, but the overwhelming amount of condo inventory is what defines the neighbourhood right now. This is a market with lots of choice and clear pressure on sellers to price realistically.

Estimate the monthly carry.