331 Spruce Street, Waterloo, ON N2L 3M6, Waterloo, ON
Bed 10
Bath 9
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!
Property Highlights
For Sale
MLS NO.
X13230398
Type
Residential Freehold
Sub Type
Multiplex
Bedrooms
10
Bathrooms
9
Parking
8.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X13230398
Living Area Range
3000-3500
Total Bedrooms
10
Bedrooms Above Grade
9
Bedrooms Below Grade
1
Total Bathrooms
9
Total Kitchens
5
Kitchens Above Grade
3
Kitchens Below Grade
2
Rooms Above Grade
24
Rooms Below Grade
9
Interior Features
Other
Fireplace
No
Central Vacuum Yn
No
Construction
Brick
Roof
Asphalt Shingle
Lot Width
67.33
Parking Features
Private
Parking Total
8.0
Covered Spaces
0.0
Garage Type
None
Garage
No
Pool
None
Direction Facing
West
Cooling
Window Unit(s)
Heat Source
Gas
Heat Type
Forced Air
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
331 Spruce Street, Waterloo, ON N2L 3M6
City
Waterloo
County / Region
Waterloo
Province / State
ON
Postal Code
N2L 3M6
Cross Street
King/Columbia
List Price
$5,980,000
Annual Taxes
$19,860
Tax Year
2025
Legal Description
PT LT 5 PL 1087 CITY OF WATERLOO AS IN 1462094; S/T & T/W INTEREST IN 1462094; WATERLOO
Possession Type
Flexible
Possession Details
Flexible
Listing Office
SUTTON GROUP-ADMIRAL REALTY INC.
Board
Toronto Regional Real Estate Board
Original Entry
2026-06-02T19:49:42Z
Media Updated
2026-06-02T19:49:42Z
Photos Updated
2026-06-02T19:49:42Z
Last Modified
2026-06-02T19:49:42Z
System Modified
2026-07-06T21:31:41.786856Z
MLS Status
New
Architectural Style
2-Storey
Basement
Apartment, Walk-Up
Ddfyn
Yes
Expiration Date
2027-05-08
Foundation Details
Concrete
Heat Source Multi
Gas
Heat Type Multi
Forced Air
Hstapplication
Included In
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
0
Parking Spaces
8
Property Features
Public Transit, School
Public Remarks
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!