347 Spruce St

Waterloo | | N2L 3M6
  • 9 + 9
  • 15
  • 0

$4,999,000

Est. Mtg $16,950 /mo
  • Days on market

    188

  • Status

    New

Listing Broker RIGHT AT HOME REALTY
Since listed: 0 views

Home details

MLS #:

X11943956

Property type:
Multiplex
Style:
3-Storey
Taxes:
$31,278
Possession:
TBD
Lot Front:
48.14   Feet
Lot Depth:
180.28   Feet
Basement:
Finished |
Driveway Pkg:
6
Heat:
Gas | Forced Air

Description


347 Spruce St, , Waterloo, Ontario is a Multiplex property in Waterloo and in the community in the N2L 3M6 postal code


What a great investment opportunity! The property is a student residence, sold as Income/ investment opportunity. There are 35 bedrooms at 347 Spruce St. or 11 units with a total of 35 bedrooms. There are 1x 3 bed/Kit/ Living/ 1 bath (3 beds) : 6x 2 beds/Kit/ Living/1 bath (12 beds); and 4x 5 beds/Kit/ Living/ 2 bath (20 beds). The property is located within 16 minutes walk to Wilfrid Laurier, Waterloo. It is also near University of Waterloo and University of Guelph. 347 Spruce St. is located near Kitchener/Waterloo Airport, located 21.4 kilometers or 25 minutes away (drive). See attachments for presentation and floor plans. **EXTRAS** 347 Spruce St has 11 units and a total of 35 bedrooms; There are 1x 3 bed/Kit/ Living/ 1 bath (3 beds) : 6x 2 beds/Kit/ Living/1 bath (12 beds); and 4x 5 beds/Kit/ Living/ 2 bath (20 beds).

Extras

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History

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List Date End Date List Price End Price Status MLS #
2025-01 2025-02 $4,999,000 $4,999,000 New X11943956
2025-02 $4,999,000 $4,999,000 X11949253

Comparables

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sold Date Address List Price sold Price DOM
2024-08 339 Elm St, $769,900 $750,000 22
2024-04 63 Vine St, $3,250,000 $2,780,000 83
2024-03 10 Homewood Ave, $995,000 $880,000 38
2024-02 131 Third St, $2,300,000 $2,000,000 98
2023-09 63 Queen St, $1,125,000 $985,000 231
2023-05 116 King St, $994,900 $959,900 31
2023-04 21 Krug St, $1,799,900 $1,725,000 17
2023-02 99 Victoria St, $1,599,900 $1,600,000 126
2021-11 146 Dundas St W, $1,050,000 $1,050,000 20
2021-04 248 Main St, $800,000 $725,000 8
2021-04 541 Rideau St, $989,888 $980,000 2
2021-01 372 Campbell Ave, $775,000 $740,000 2
2020-10 158 Erb St E, $2,300,000 $2,000,000 186
2020-07 5915 Valley Way Rd, $1,499,888 $1,372,000 14
2018-12 1812 Daytona Ave, $918,000 $900,000 48

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Waterloo :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 347 Spruce St

Based on available 3rd party data

$19692

Approximate costs per month

Mortgage
$16950 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$2606 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RIGHT AT HOME REALTY
Data Source: TRREB

Payment calculator

$19557 monthly. In association with: TD Bank
%
  • Principal and Interest
    16950 /mo
  • Property Taxes
    $2606 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Emmalay Rattana, Realtor

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