3
$5,980,000
329 Spruce Street, Waterloo, ON N2L 3M6
9+5 bd
6 ba
2,000 sf
7
5 months on marketMLS® X13229126
Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.
1 / 3
For saleMLS® X13230398
331 Spruce Street, Waterloo, ON N2L 3M6
$5,980,000
$1,993 / sq ft5 months on market
- Bedrooms
- 9+1
- Bathrooms
- 9
- Interior
- 3,000 sf
- Parking
- 8
- Lot
- 67.33 × 153.06 ft
What's special
- 8 parking spaces
- Window unit(s)
- Basement apartment
About this property
Plan Approved! Ready For Building Permit! 331 and 329 Spruce, 2 Assembled Lots To Be PurchasedTogether! Approved Plan For A 9-Storey Student Residence Featuring 88 Bedrooms! ExceptionalOpportunity For Builders, Developers And Investor In Prime Location Just Steps From Campus!Currently Income Generating And Professionally Managed! Turnkey Operation For Investors LookingTo Hold And Benefit! Conveniently Located Within Walking distance Of University, Shopping,Public Transit, Employment Centres, Parks And More! Rare Chance To Secure A High-PotentialDevelopment Site In Sought-After Location!
Features
- Other
Property details
Property
- Property type
- multiplex
- Bedrooms
- 9 + 1
- Bathrooms
- 9
- Interior size
- 3,000 sq ft
- Lot size
- 67.33 × 153.06 ft
- Possession
- Flexible
Interior
- Basement
- Apartment, Walk-Up
- Heating
- Forced Air · Gas
- Cooling
- Window Unit(s)
- Exposure
- West
Exterior & services
- Construction
- Brick
- Parking spaces
- 8
- Sewer
- Sewer
Costs
- List price
- $5,980,000
- Property taxes
- $19,860 / year (2025)
- Price per sq ft
- $1,993
Listing
- MLS® number
- X13230398
- Status
- For sale
- Listed
- June 2, 2026
- Days on market
- 155
- Last updated
- June 2, 2026
- Listing brokerage
- SUTTON GROUP-ADMIRAL 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 above most comparable listings — about 93% of comparable multiplex listings in Waterloo are asking less.
$790KMedian $1.25M$2.94M
- This home
- $1,993 / sq ft
- Comparable median
- $648 / sq ft
Based on 15 comparable active multiplex listings in Waterloo. These are asking prices, not sale prices.
Mortgage estimate
Down payment20.0% · minimum $1,196,000
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $26,451.56
- Property tax (est.)
- $1,655.00
- Estimated monthly
- $28,107
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
- $135,975
- Total due on closing
- $135,975
An estimate on the asking price of $5,980,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of SUTTON GROUP-ADMIRAL 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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