318 SPRUCE Street Unit# 1106

About this home.

This stylish and convenient condo is in excellent condition, featuring a 1-bedroom plus 1 den layout with 2 bathrooms. The unit is carpet-free, offering a modern and clean living space. It boasts a spacious 10 ft ceiling that creates an open and airy atmosphere. The balcony seamlessly connects the living room and bedroom, providing easy access to fresh air and outdoor relaxation. The den is a versatile space that can serve as a home office or a temporary guest room, catering to different needs. The built-in laundry room adds to the convenience, making everyday living effortless. The condo is ideally located with shopping plazas and restaurants just steps away, ensuring you have everything you need at your fingertips. It is adjacent to the prestigious Waterloo Collegiate Institute (WCI) and offers close proximity to Laurier University, the University of Waterloo, and Conestoga College (Waterloo Campus), making it an excellent choice for families, professionals, or students. Don't miss the opportunity to own this bright and functional condo that perfectly balances comfort, style, and location. Contact us today for more details or to schedule a viewing! (id:59491)

The full record.

How this listing prices against Beechwood/University.

Beechwood/University was highly supplied this period, with 13 sales against 98 active listings, one of the loosest inventory setups in Waterloo. The average sale price was $621,462, well below the city average, homes took 34 days to sell, and deals closed at 94.02% of list, all signs of a softer market overall. Activity split between 5 freeholds and 8 condos, but the overwhelming amount of condo inventory is what defines the neighbourhood right now. This is a market with lots of choice and clear pressure on sellers to price realistically.

Estimate the monthly carry.