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347 Spruce Street
Waterloo Waterloo N2L 3M6

$4,200,000 /For Sale
Commercial

Main Photo: 347 Spruce Street in Waterloo: Commercial for sale : MLS®# X12248626
Photo 1: 347 Spruce Street in Waterloo: Commercial for sale : MLS®# X12248626
Photo 2: 347 Spruce Street in Waterloo: Commercial for sale : MLS®# X12248626
Photo 3: 347 Spruce Street in Waterloo: Commercial for sale : MLS®# X12248626
Photo 4: 347 Spruce Street in Waterloo: Commercial for sale : MLS®# X12248626
Photo 5: 347 Spruce Street in Waterloo: Commercial for sale : MLS®# X12248626
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12248626
What a great investment opportunity! The property is a student residence. There are 11 units and a total of 35 bedrooms at 347 Spruce St. There are 1x 3 bed/Kitchen/ Living/ 1 bath (3 beds); 6x 2 beds/Kitchen/ Living/1 bath (12 beds); and 4x 5 beds/Kitchen/ Living/ 2 bath (20 beds). Walking distance to Wilfrid Laurier University. Located 16 minutes walk to Wilfrid Laurier, Waterloo. It is also near University of Waterloo and University of Guelph. The property is near Kitchener/Waterloo Airport, located 21.4 kilometres or 25 minutes away (drive). Ideally located between both Wilfred Laurier University and University of Waterloo.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Approx. Age:
16-30
Total Area:
7000 sq. ft. Square Feet
Total Area:
7,000 sq. ft.
Depth:
180'3"
Frontage:
41'2"
Water supply:
Municipal
Zoning:
Residential
Heating type:
Gas Forced Air Closed
Garage:
None
Parking Spaces:
11
Possession Details:
flexible
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
Annual
Taxes:
$31,278 / 2024
Assessment:
$- / -
Waterloo
Waterloo
SOLD WITH FURNITURE: 35 BEDS, BEDSIDE TABLES, DESKS
tenant's belongings
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Accommodation
Outside Storage:
No
Date Listed:
Jun 26, 2025
  • Photo 1: 347 Spruce Street in Waterloo: Commercial for sale : MLS®# X12248626
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  • Photo 2: 347 Spruce Street in Waterloo: Commercial for sale : MLS®# X12248626
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  • Photo 3: 347 Spruce Street in Waterloo: Commercial for sale : MLS®# X12248626
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  • Photo 4: 347 Spruce Street in Waterloo: Commercial for sale : MLS®# X12248626
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  • Photo 5: 347 Spruce Street in Waterloo: Commercial for sale : MLS®# X12248626
    Photo 5 of 5
Listed by RIGHT AT HOME REALTY
Data was last updated July 7, 2025 at 03:15 AM (UTC)
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This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.