$5,980,000
 $32,102 est/mo Sourced by Back At You

331 Spruce Street,Waterloo, ON N2L 3M6

Waterloo, ON N2L 3M6

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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!

Details

MLS #X13230398
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusNew
Year0
Days On Site84
Listing Provided BySUTTON GROUP-ADMIRAL REALTY INC. | X13230398 079901

Features

Bed(s)10
Bath(s)9
BasementY
Story(s)2
Acreage0.24

Interior

Interior FeaturesOther
CoolingWindow Unit(s)
Heat SourceGas
Fireplace Yes / NoNo

Exterior

Exterior FeaturesPorch
RoofAsphalt Shingle
Foundation DetailsConcrete
Construction MaterialsBrick

Parking

Garage Yes / NoNo
Parking FeaturesPrivate

Utilities

SewerSewer

Taxes

Tax Annual Amount19860
Tax Legal DescriptionPT LT 5 PL 1087 CITY OF WATERLOO AS IN 1462094; S/T & T/W INTEREST IN 1462094; WATERLOO
Tax Year2025

Area Information

ProvinceON
RegionWaterloo
CityWaterloo
Postal CodeN2L 3M6
Listing VS Median (in N2L 3M6)
Price:
$5,980,000
low | high
Med:
$2,390,000
100% of Average
On site:
84
low | high
Med:
176
47.727272727273% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
RegionWaterloo
CityWaterloo
Postal CodeN2L 3M6
Listing VS Median (in N2L 3M6)
Price:
$5,980,000
low | high
Med:
$2,390,000
100% of Average
On site:
84
low | high
Med:
176
47.727272727273% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $4.485M - $7.475M
sqft: 0 - 0
Listing Updated: June 2, 2026 at 3:03:22 PM PDT