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Thursday, June 4th, 2026

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$5,980,000
Available - For Sale
Listing ID: X13229126
Plan Approved! Ready For Building Permit! 329 and 331 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!
Price $5,980,000
Taxes: $12,206.6
Assessment Year: 2025
Occupancy by: Tenant
Address: 329 Spruce Street , Waterloo, N2L 3M6, Waterloo
Directions/Cross Streets: King/Columbia
Rooms: 13
Rooms +: 7
Bedrooms: 9
Bedrooms +: 5
Washrooms: 6
Family Room: F
Basement: Apartment
Separate Ent
No. of Pieces Level
Washroom 1:  2 Main
Washroom 2:  3 Main
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  2 Main
Washroom 7:  3 Main
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Property Type: Multiplex
Style: Other
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 7
Park #1
Parking Type: Private
Park #2
Parking Type: Private
Pool: None
Approximatly Square Footage: 2000-2500
Property Features: School
Public Transit
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Window Unit
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Down payment: $  
Interest Rate: %  
Amortization :  Years
Payment Frequency:
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SUTTON GROUP-ADMIRAL REALTY INC.

329 Spruce Street , Waterloo, N2L 3M6, Waterloo

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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At a Glance:
Type: Freehold - Multiplex
Area: Waterloo
Municipality: Waterloo
Neighbourhood: Dufferin Grove
Style: Other
Lot Size: x 145.87(Feet)
Approximate Age:
Tax: $12,206.6
Maintenance Fee: $0
Beds: 9+5
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com