331 Spruce Street, Waterloo, ON N2L 3M6 — Waterloo | Perks Real Estate

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For Sale

10 Bedrooms

9 Bathrooms

8 Garage

ActiveFor Sale

$5,980,000

331 Spruce Street, Waterloo, ON N2L 3M6

Waterloo · N2L 3M6

MLS® X13230398MultiplexListed Jun 2, 2026

10 Beds(9+1)

9 Baths

8 Parking

Key Facts

Tax

$19,860 (2025)

Type

Multiplex

Parking

None, 8 spaces

Basement

Apartment, Walk-Up

Brokerage

SUTTON GROUP-ADMIRAL REALTY INC.

Description

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

Property TypeMultiplex

Fronting OnWest

MunicipalityWaterloo

Inside

Bedrooms10

Bedrooms Above9

Bedrooms Below1

Bathrooms9

Kitchens5

Rooms24

Rooms Below9

BasementApartment, Walk-Up

Utilities

SewerSewer

Heating TypeForced Air

Heating FuelGas

Building

ConstructionBrick

PoolNone

Parking

DrivewayPrivate

Garage TypeNone

Parking Spaces8

Total Parking8

Land

Cross StreetKing/Columbia

Highlights

Property FeaturesPublic Transit, School

Financial Details

List Price$5,980,000

Annual Property Tax$19,860 (2025)

Listing Information

MLS® NumberX13230398

StatusActive

TransactionFor Sale

List DateJun 2, 2026

BrokerageSUTTON GROUP-ADMIRAL REALTY INC.

Data SourcePROPTX / AMPRE

331 Spruce Street, Waterloo, ON N2L 3M6, Waterloo N2L 3M6View Map

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