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347 Spruce St 11 Unit Apartment Building $3,091,031 USD ($281,003 USD/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 | $3,091,031 USD | Building Class | C |
| Price Per Unit | $281,003 USD | Lot Size | 0.20 AC |
| Sale Type | Investment | Building Size | 5,800 SF |
| No. Units | 11 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2004 |
| Apartment Style | Low-Rise | Parking Ratio | 1.9/1,000 SF |
| Price | $3,091,031 USD |
| Price Per Unit | $281,003 USD |
| Sale Type | Investment |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 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
- Smoke Free
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 6 | - | 967 |
| 3+2 | 1 | - | 1,160 |
| 5+2 | 4 | - | 1,249 |
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Moderately walkable
70/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100
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347 Spruce St
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