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New1 day ago

215 - 318 Spruce Street

, Waterloo

$309,000

Condo Apartment |
1 | 1 | 0 | 0
About this home

Welcome to this bright and spacious 807 sq. ft. one bedroom plus den condo ideally situated just a 5-minute walk to Wilfrid Laurier University and Conestoga College, and only a 5-minute drive to the University of Waterloo. This is an exceptional opportunity whether you are an investor looking for a high-demand rental property, a student, or a young professional. Boasting carpet-free laminate floors and expansive windows that flood the space with natural light, this functional layout features a modern kitchen with stainless steel appliances, complemented by a 4-piece bathroom and in-suite laundry. Residents can also enjoy fantastic building amenities, including a gym, bike storage, a party room and visitor parking. Ready for immediate move-in or rental with TV and furniture included. Within easy walking distance to public transit, shopping, restaurants, and everyday essentials, this condo offers comfortable and convenient living in a prime Waterloo location!

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Got questions?

Contact Ephy directly.

agent
Ephy Bookbinder
(416) 838-4804
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size800-899 sq. ft.
Maintenance Fees$499
LockerNone
BalconyNone
ExposureWest
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$4,182
mls© NumberX14102456
Listed ByRE/MAX WEST REALTY INC.
Heat Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,582
Property tax
$349
Heat allowance
$150
Condo fees, half counted
$249
Housing costs
$2,329 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $61,800
25-yr amortization

Income needed

$72,000

gross annual household income

Payment at 4%
$1,300 / mo
Cash down
$61,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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