331 Spruce Street
Waterloo, ON N2L 3M6
NewActiveFor Sale
10 Beds
9 Baths
3,000 Sq Ft
Single Family Home
About This Property
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 Details
StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size3,000 sq ft
Bedrooms10
Bathrooms9
ListedJune 2, 2026
Postal CodeN2L 3M6
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13230398
Listed by SUTTON GROUP-ADMIRAL REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$29,201
/month · $4,784,000 mortgage
Down Payment20% — $1,196,000
Interest Rate5.5%
Amortization
Total Interest
$3,976,339
Total Cost
$8,760,339
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
SUTTON GROUP-ADMIRAL REALTY INC.