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Ontario
Waterloo
329 SPRUCE STREET

$5,980,000

329 SPRUCE STREET, Waterloo, Ontario, N2L 3M6

MLS® # X13229126

Waterloo ON, N2L 3M6

MLS® # X13229126

Property Information:

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:27)

Building Features:

Style: Multiplex
Building Type: Other
Air Conditioning: Yes
Basement Type: N/A, N/A
Exterior Finish: Brick
Floor Space: 2000 - 2500 sqft
Foundation Type: Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Window air conditioner
Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator

Property Features:

Property Type: Multi-family
Bedrooms: 9+5
Bathrooms: 6
Half Bathrooms: 3
Amenities Nearby: Schools, Public Transit
Floor Space (approx): 2000 - 2500 Square Feet
Irregular: Yes
Lot Depth: 145.8 Feet
Lot Frontage: 52.1 Feet
Lot Size: 52.1 x 145.9 FT
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 7

Courtesy of: SUTTON GROUP-ADMIRAL REALTY INC.

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⚠ Potential Investment Performance

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Market Price Trends

Location of 329 SPRUCE STREET, Waterloo, Ontario, N2L 3M6

Lifestyle
Neighbourhood

Demographic Information of 329 SPRUCE STREET, Waterloo, Ontario, N2L 3M6

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$73,708.19

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.52 %

High school certificate or equivalent

35.16 %

Apprenticeship trade certificate/diploma

2.55 %

College/non-university certificate

12.79 %

University certificate (below bachelor)

1.34 %

University Degree

38.65 %

Commuter

Travel To Work

By Car

68.76 %

By Public Transit

15.74 %

By Walking

10.32 %

By Bicycle

1.09 %

By Other Methods

4.09 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

91.51 %

Houses

8.49 %

Own Vs. Rent