347 Spruce St 11 Unit Apartment Building $4,500,000 CAD ($409,091 CAD/Unit) Waterloo, ON N2L 3M6

INVESTMENT HIGHLIGHTS

  • Located 16 minutes walk to Wilfrid Laurier, Waterloo.
  • The property is near Kitchener/Waterloo Airport, located 21.4 kilometers or 25 minutes away (drive)
  • It is also near University of Waterloo and University of Guelph

EXECUTIVE SUMMARY

There are 11 units and a total of 35 bedrooms at 347 Spruce St. There are 1x 3 bed/Kit/ Living/ 1 bath (3 beds) : 6x 2 beds/Kit/ Living/1 bath (12 beds); and 4x 5 beds/Kit/ Living/ 2 bath (20 beds)

PROPERTY FACTS

Price $4,500,000 CAD
Price Per Unit $409,091 CAD
Sale Type Investment
No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.19 AC
Building Size 5,800 SF
Average Occupancy 100%
No. Stories 3
Year Built 2004
Parking Ratio 1.9/1,000 SF

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Hardwood Floors
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • Clubhouse
  • Laundry Facilities
  • Security System
  • Furnished Units Available

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 6 - 967
3+2 1 - 1,160
5+2 4 - 1,249
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (73)
  • Listing ID: 34673850

  • Date on Market: 2025-01-31

  • Last Updated:

  • Address: 347 Spruce St, Waterloo, ON N2L 3M6