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

329 Spruce Street,Waterloo, ON N2L3M6

Waterloo, ON N2L3M6

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Description

Plan Approved! Ready For Building Permit! 329 and 331 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! (id:374)

Details

MLS #X13229126
Listing TypeFor Sale
StatusActive
Days On Site147
Listing Provided BySUTTON GROUP-ADMIRAL REALTY INC. | JIA LI

Features

Bed(s)14
Bath(s) 6 Total
SQ Feet2,000
BasementY

Interior

CoolingWindow air conditioner
HeatingForced air, Natural gas
AppliancesWasher, Refrigerator, Dishwasher, Stove, Dryer, Water Heater
Fireplace Yes / NoNo

Exterior

Foundation DetailsConcrete

Parking

Parking FeaturesNo Garage
Parking Total7

Utilities

SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount12206.6
Tax Year2025

Area Information

ProvinceON
CityWaterloo
Postal CodeN2L3M6
Listing VS Median (in N2L3M6)
Price:
$5,980,000
low | high
Med:
$4,185,000
80.016722408027% of Average
sqft:
2,000
low | high
Med:
3,156
7.775% of Average
$ / sqft:
$2,990
low | high
Med:
$1,772
90.729168363733% of Average
On site:
147
low | high
Med:
193
76.165803108808% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Lindsey DeMelo

Lindsey DeMelo

Sutton Group - Quantum Realty Inc- Brokerage

Broker, (416) 219-1109ldemelo@sutton.com
ProvinceON
CityWaterloo
Postal CodeN2L3M6
Listing VS Median (in N2L3M6)
Price:
$5,980,000
low | high
Med:
$4,185,000
80.016722408027% of Average
sqft:
2,000
low | high
Med:
3,156
7.775% of Average
$ / sqft:
$2,990
low | high
Med:
$1,772
90.729168363733% of Average
On site:
147
low | high
Med:
193
76.165803108808% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 3:56:15 AM PDT