MLS: X13230398 Date listed: 2026-06-02
331 Spruce St Waterloo
Multiplex For sale
Listed for $ 5,980,000

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9 + 1 BEDS
9 BATH
3000-3500 SQ. FT.
0 GARAGE
See apartment on the map
9 + 1 BEDS
9 BATH
3000-3500 SQ. FT.
0 GARAGE

Description

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

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!

Key Facts:

Tax: $19,860 / 2025
Property Type: Multiplex
Sq. ft. size 3000-3500 sq. ft.
Lot Size: 67.33 x 153.06 feet
Lot Irregularities: PT LT 5 PL 1087 CITY OF WATERLOO AS IN 1462094; S/T & T/W INTEREST IN 1462094; WATERLOO
Parking: 8 spaces
Basement: Apartment, Walk-Up
Possession: 2026-08-18
Listing #: X13230398
Days on Site: 155 days
Status Change: 154 days ago
Added to CiRealty: 2026-06-02
Updated on: 2026-06-02
Market Demand:
Buyer’s Market
Balanced
Seller’s Market
Property Details
Property details for 331 Spruce St, Waterloo. Listed for $5,980,000 on 2026-06-02
Property
Property Type: Multiplex
Style: 2-Storey
Municipality: Waterloo
Inside
Bedrooms: 9 + 1
Bathrooms: 9
Bathrooms Detail: 9 × 3pc, main floor
Kitchens: 3 + 2
Rooms: 24 + 9
Family Room: No
Den: No
Fireplace: No
Central Vac: No
Utilities
Water: Municipal
Cooling: Window Unit
Heating Type: Forced Air
Building
Size: 3000-3500 sq. ft.
Construction: Brick
Parking
Garage Type: None
Driveway: Private
Driveway Spaces: 8
Total Parking Spaces: 8
Land
Sewer: Sewers
Frontage: 67.33 feet
Depth: 153.06 feet
Cross Street: King/Columbia
Property
Property Type: Multiplex
Style: 2-Storey
Municipality: Waterloo
Building
Size: 3000-3500 sq. ft.
Construction: Brick
Parking
Garage Type: None
Driveway: Private
Driveway Spaces: 8
Total Parking Spaces: 8
Inside
Bedrooms: 9 + 1
Bathrooms: 9
Bathrooms Detail: 9 × 3pc, main floor
Kitchens: 3 + 2
Rooms: 24 + 9
Family Room: No
Den: No
Fireplace: No
Central Vac: No
Land
Sewer: Sewers
Frontage: 67.33 feet
Depth: 153.06 feet
Cross Street: King/Columbia
Utilities
Water: Municipal
Cooling: Window Unit
Heating Type: Forced Air
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