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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
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
Moderately walkable
70/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100
  • Listing ID: 34673850

  • Date on Market: 1/31/2025

  • Last Updated:

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

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