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For saleMLS® X12834348

327 Spruce Street 4 Units W/20 Rms, Waterloo, ON N2L 3M6

$2,390,000

$554 / sq ft

8 months on market

Bathrooms
8
Total area
4,311 sf
Lot
52.87 × 140.05 ft
Age
16-30 years

What's special

  • Yes

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About this property

Fourplex Apartment With 4 Units As Each Units With 5 Rooms And 2 Full 4pcs Washrooms. Open Concept Kitchen, Living Room And Ensuite Laundry In Each Unit. Each Unit Contains Individual High Efficiency Furnances And Air Conditioners. University Of Waterloo, Wilfrid Laurier And Conestoga College Are Just Minutes Away From This Building. High Ceiling Through Out All Units. Fully Renovated Basement. Brand New AC In Unit 2, Brand New Furnace In Unit 1.Just A Minute Walk To Public Transit And Amenities. Each Unit Has An Individual Mail Box. High Demand For Student Rental.

Property details

Property

Property type
investment
Bathrooms
8
Interior size
4,311 sq ft
Year built
16-30
Lot size
52.87 × 140.05 ft
Zoning
Multi-Zone
Possession
Flexible

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Water
Water System
Sewer
Sanitary+Storm

Costs

List price
$2,390,000
Property taxes
$19,623 / year (2025)
Price per sq ft
$554

Listing

MLS® number
X12834348
Status
For sale
Listed
March 2, 2026
Days on market
248
Last updated
August 31, 2026
Listing brokerage
HOMELIFE/FUTURE REALTY INC.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 63% of comparable multi-unit / investment listings in Waterloo are asking less.

$524KMedian $2.20M$10.06M
This home
$554 / sq ft
Comparable median
$416 / sq ft

Based on 8 comparable active multi-unit / investment listings in Waterloo. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $478,000
$478,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$10,571.78
Property tax (est.)
$1,635.21
Estimated monthly
$12,207

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$46,225
Total due on closing
$46,225

An estimate on the asking price of $2,390,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of HOMELIFE/FUTURE REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$2,390,000

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