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For saleMLS® X14092992

602 - 318 Spruce Street, Waterloo, ON M5A 2J5

Waterloo · Near Hickory Street W & Spruce Street · View map

$415,000
2Beds
2Baths
900–999Sq ft
Condo apartmentType
$589/moMaint. fee
UndergroundGarage
NoneParking
$4,726/yrTaxes
Call / Text Will
$415,000
Underground parkingFrom the listing
Central airCool all summer

About this home

Looking for the perfect condo in the heart of Waterloo? Look no further! Unit 602 at 318 Spruce St. gives you EVERYTHING and more! Like to cook? This amazing kitchen offers ample counterspace, full size appliances and TONS of storage. Don't feel boxed into a condo again, there is an abundance of natural light that floods into the unit from all sides! Both bedrooms are well designated with large closets and room for a large desk. Feel like a condo can get stuffy? The open balcony with unobstructed views gives you a chance to step into some fresh air after along day of work or study. The floor plan is perfect for young professionals, students, and investors alike. Sitting in the desirable residential cove near the University of Waterloo and Laurier University, 318 Spruce St. is easily accessible to shopping, schools, restaurants and all essentials and amenities that the city has to offer. Don't miss this amazing unit at an incredible price!

The home

Type
Condo apartment
Style
Apartment
Square footage
900-999 sq ft
Bedrooms
2
Bathrooms
2
Kitchens
1
Rooms
7
Basement
None
Faces
West
Level
6
Balcony
Open
Laundry
Ensuite
Approximate age
11-15 years

Ownership & fees

Ownership
Condominium
Maintenance fee
$588.67/mo
Fee includes
Common Elements, Building Insurance
Complex
WSCP 624
Property management
Wilson Blanchard
Pets
Allowed, with restrictions
Exterior
Concrete

Heating & cooling

Heating fuel
Electric
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
No

Garage & parking

Garage
Underground
Total parking
None
Parking features
Underground

Taxes & other

Property taxes
$4,726/yr
Tax year
2025
Occupancy
Vacant
Possession
Immediate
Cross street
Hickory Street W & Spruce Street

More

Price per sq ft
~$437 (at 950 sq ft)
MLS® number
X14092992

The home and its surroundings

  • Carpet Free

Included in the maintenance fee

  • Common Elements
  • Building Insurance
Want to know something that isn’t listed?
Estimated monthly cost$2,657per month, all in
  • Mortgage
  • Property tax
  • Maintenance fee

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    318 Spruce Street, Waterloo, ON M5A 2J5

    Waterloo · Near Hickory Street W & Spruce Street

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    Sold history

    Listing history for 318 Spruce Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 602 - 318 Spruce Street

    Answers come straight from this home’s MLS® listing.

    How much is 602 - 318 Spruce Street listed for, and what would it cost each month?

    602 - 318 Spruce Street is listed for $415,000. With 20% down ($83,000), the mortgage payment would be roughly $1,674 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $2,657 a month, all in. That figure is an illustration, not a quote.

    Is 602 - 318 Spruce Street freehold or a condo, and is there a monthly fee?

    602 - 318 Spruce Street is a condo apartment in Waterloo. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $588.67 a month. The listing says it covers common elements, building insurance. Fees can change, so confirm the current amount in the status certificate.

    How many bedrooms and bathrooms does 602 - 318 Spruce Street have?

    602 - 318 Spruce Street has 2 bedrooms and 2 bathrooms.

    Does 602 - 318 Spruce Street have a garage and parking?

    Yes. The listing shows the garage as underground. The listing does not include a parking space.

    Does 602 - 318 Spruce Street have a finished basement?

    No. The listing shows no basement for this home.

    What style of home is 602 - 318 Spruce Street?

    602 - 318 Spruce Street is a condo apartment. A condo apartment is a unit in a multi-storey building, owned outright, with a monthly fee for the shared parts of the building.

    How big is 602 - 318 Spruce Street?

    The listing puts the home between 900 and 999 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.

    How is 602 - 318 Spruce Street heated and cooled?

    Heating is forced air (electric). Cooling is central air.

    What are the property taxes for 602 - 318 Spruce Street?

    Property taxes are $4,726 a year (2025), or about $394 a month.

    Are pets allowed at 602 - 318 Spruce Street?

    Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.

    Where is 602 - 318 Spruce Street?

    602 - 318 Spruce Street is in Waterloo. The nearest main intersection is Hickory Street W & Spruce Street. The postal code is M5A 2J5.

    Is 602 - 318 Spruce Street still for sale?

    Yes. It is an active listing (MLS® X14092992). Listings here update from the board through the day and come down once a home sells.

    What are similar condos near 602 - 318 Spruce Street asking?

    Similar condos for sale nearby right now include 1405 - 318 Spruce Street at $499,900 (2 bed), 1202 - 318 Spruce Street at $499,900 (3 bed) and 2 - 318 Spruce Street at $510,000 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 318 Spruce Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 602 - 318 Spruce Street?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.

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