321 SPRUCE Street Unit# 312

About this home.

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! (id:59491)

The full record.

How this listing prices against Columbia Forest/Clair Hills.

Columbia Forest/Clair Hills saw 10 sales and 39 active listings, so inventory is comfortably ahead of recent demand. The average sale price was $944,740 and the median was even higher at $1,037,500, placing this neighbourhood above the Waterloo average, but homes still took 26 days to sell, right in line with the city. Sellers achieved 97.09% of list, which is a firm result despite the larger supply picture. The market is mostly freehold-driven, while condo activity remains thin and slower moving.

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