Waterloo · Condo · Condo Apartment
Last updated by the listing brokerage Oct 23, 2026
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| Tax year | Annual property tax | Change | Source |
|---|---|---|---|
| 2025 | $4,685 | — | MLS® listing |
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Sign in to view historyTurnkey investment in Waterloo's University District! Unit 1202 at 318 Spruce Street is a 3-bedroom, 2-bathroom condo with tenants already in place, so a buyer takes over an existing lease rather than starting from a vacant unit. Located steps from the University of Waterloo and Wilfrid Laurier University, this suite sits in a well-known rental area of Kitchener-Waterloo that is popular with students and young professionals. The suite features 3 bedrooms, two full bathrooms, a kitchen with granite countertops and stainless steel appliances, and in-suite laundry. It's a practical layout for a rental, with a bedroom count and in-suite laundry that tenants in this area look for. Close to transit, shopping, restaurants and everything uptown Waterloo has to offer. Whether you're adding to your portfolio or buying your first investment property, this one is worth a look.
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First-time buyers can get up to $4,000 back on Ontario land transfer tax. Waterloo has no municipal land transfer tax (Toronto does).
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