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    for sale
    79 Days on Strata
    Est Sell Timeframe:
    16 Days

    506 - 321 Spruce St

    U Plus
    $359,000
    1 Bed
    1 Bath
    1 Parking
    500 - 599 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

    Maintenance Fees:
    $486/mth
    Taxes:
    $3,181 (2025)
    Property Type:
    Condo
    Cost Per Sqft:
    $599 - $718/sqft
    Outdoor Space:
    Balcony
    Locker:
    None
    Possession Date:
    TBD
    Exposure:
    South East

    Amenities

    Visitor Parking
    Gym

    About this Listing

    Welcome to 321 Spruce St #506, Waterloo an ideal opportunity for first-time buyers, students, or investors! This bright 1-bedroom, 1-bathcondo is perfectly located in the heart of Waterloos university district, just steps from Wilfrid Laurier University, University of Waterloo, publictransit, shopping, and restaurants. With its affordable price point of $359,000, low maintenance, and unbeatable location, this property makesfor a great place to call home or a smart investment with strong rental potential.

    ExtrasDishwasher, Dryer, Furniture, Microwave, Range Hood, Refrigerator, Stove, Washer, Window Coverings

    keller williams innovation realtyMLS® #X12380171

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Included
    Air Conditioning
    Not Included
    Water
    Not Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Oil
    Air Conditioning Type
    Central Air

    Dimensions

    Bathroom
    0 x 0ft
    3 Piece Bath
    Kitchen
    14.5 x 8.07ft
    Living
    10.66 x 9.51ft
    Den
    10.66 x 9.51ft
    Primary
    12.17 x 9.42ft
    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

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    Building Trends At U Plus

    Days on Strata

    Units at U Plus spend an average of
    75
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    6%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Downtown Waterloo

    Turnover of Units

    On average, each unit is owned for
    5.5
    YEARS before being sold again

    Property Value

    -58%
    Decrease in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 46 condos in the Downtown Waterloo area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    U Plus offers the
    ?
    N/A
    best value out of 46 condos in the Downtown Waterloo neighbourhood

    Appreciation Rank

    U Plus has the
    ?
    N/A
    highest ROI out of 46 condos in the Downtown Waterloo neighbourhood

    Rental Yield

    U Plus yields the
    ?
    N/A
    highest rent prices out of 46 condos in the Downtown Waterloo neighbourhood

    High Demand

    U Plus is the
    ?
    N/A
    most popular building out of 46 condos in the Downtown Waterloo neighbourhood

    Market Insights

    Transaction Insights at U Plus

    1 Bed1 Bed + Den2 Bed
    Price RangeNo Data$265,000No Data
    Avg. Cost Per SqftNo Data$344No Data
    Avg. Wait for Unit AvailabilityNo Data108 DaysNo Data
    Ratio of Units in Building11%83%5%

    Market Inventory

    Total number of units listed and sold in Downtown Waterloo