1 / 9

For Sale · Waterloo · Beechwood/University

$315,000

318 SPRUCE Street Unit# 1501, Waterloo

Tour this home

Bedrooms

2 (1 half)

Bathrooms

703

Size

2016

Year built

About This Home

The details.

Welcome to 318 Spruce Street in Waterloo. This well-designed one-bedroom condominium features a versatile den, a full bathroom, and an additional powder room. The unit also includes its own laundry room, a spacious balcony with lovely views of Waterloo, and a convenient garage parking space. Ideally located just minutes from both the University of Waterloo and Wilfrid Laurier University, as well as public transit...

Summarizing the highlights...

MLS® 40824203Listing courtesy of Royal LePage Wolle RealtySee all units in this building View on map Street view

Property Details

Facts & features.

Property type: Single Family
Ownership: Condominium
Year built: 2016
Size: 703 sqft
Storeys: 1
Parking: 1 space
Strata fee: $560 / monthly
Listed on: 2026-04-28
Days on market: 91
MLS number: 40824203
Data source: Cornerstone Association of REALTORS®

Market intelligence

Statistics and history.

Days on market

Typical in Waterloo: 14 days

Waterloo median asking

$630K

517 active listings

Est. rent / month

$2,200

From live asking rents in this market

Est. rental yield

8.38%

Gross, asking price vs asking rents

Price per sqft

$448

Based on 703 sqft interior

How fast is this listing moving?

FastSlow

Market demandHot

QuietHot

75 new this week of 517 active listings in Waterloo, blended with typical days on market.

Where this price sits in Waterloo

$220KThis listing$1.5M

Computed live from active MLS listings we track. Sold-price history and multi-year assessment history switch on when sold-data access arrives.

Coming Soon

Listing & sold history.

These sections unlock with our sold-data feed. They are reserved here so you know exactly what is on the way.

Sold history for this homeComing soon

Listing history (every time it hit the market)Coming soon

Days-on-market trend for this areaComing soon

Nearby sold comparisonsComing soon

July Value

What this home is worth.

Calculating a July Value estimate...

Location

Where it sits.

Open in full map search

Run The Numbers

Mortgage and cash flow

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization25 yr

Monthly mortgage payment

$1,473

$252,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$1,473

Cash flow

-$1,473

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Waterloo right now

517

Active listings

New this week

$629,900

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Area

What surrounds this property.

Transit stations: 21
Malls + supermarkets: 55
Pharmacies + hospitals: 54
People in the immediate area: 1,817
Density per square km: 5,541
City population: 121,436
Median household income: $94,000

The neighbourhood

Beechwood/University.

Waterloo living with room to choose

Beechwood/University, Waterloo leans heavily to condos. There are 60 active listings on the market as this page was last built. The middle of the market sits at $496,950. It prices roughly 20% under Waterloo as a whole, so budgets stretch further here than they do city-wide. Most homes here went up around 2001.

JULY currently rates 1 listing here as priced below similar homes in the same area, the best of them by about 45%. The going rate is roughly $538 a square foot.

The nearest rapid transit station is about 5 minutes on foot, with groceries about 3 minutes, the nearest park about 3 minutes, a school about 21 minutes.

Median asking price: $494,900
Median price: $538/sqft
Active listings: 84
Shops nearby: 55
Parks: 412

77Doorstep Score

JULY's own measure of how much daily life sits within a short walk of this address.

Nearest station: Laurier - Waterloo Park · 22 min walk

Groceries 1 min walk
Bus stop 2 min walk
School 4 min walk

The Neighbourhood

Living in Waterloo.

Household and demographic stats for Waterloo, from the Statistics Canada 2021 Census.

121,436
Population (2021): 36
Median age: 47,040
Households: 2.5
Avg household size: 61.3%
Home ownership: $94,000
Median household income

Waterloo market trends

The immediate block around this home (right here): about 1,817 residents in 1,443 homes, 5,541 people/km² (dense urban).

Source: Statistics Canada 2021 Census, Waterloo, City, Ontario; block-level figures from dissemination area 35300066.

Schools

Nearby schools

K-12 schools closest to this home, with straight-line distances.

no score data
Vanguard High School
200 m
independent · secondary
6.8of 10
Waterloo Collegiate Institute
260 m
public · secondary
Rank 322 of 760 in BC (2022/2023) · graduation + honours rates
7.5of 10
St David Catholic Secondary School
570 m
catholic · secondary
Rank 188 of 760 in BC (2022/2023) · graduation + honours rates
no score data

Similar homes

Nearby homes like this one.

Rental Market

Rentals nearby

Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.

My Notes

Track this home.

Write a note about this home

Contact JULY

Tour it, ask anything.

Reach JULY now

Call or text any time: JULY answers immediately, day or night, and can book this showing on the spot.

Call JULY Text JULY Email JULY

Talk to a JULY advisor.

Interested in this home?

Book a viewing with a JULY advisor.

Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.