321 Spruce St

321 Spruce Street in Waterloo is a modern mid-rise apartment condo completed in 2017, located in the heart of the city's university district. The seven-storey building contains predominantly one-bedroom-plus-den loft-style units averaging around 650 square feet. Recent sales have averaged approximately $265,000, with active listings around $268,000 and rents near $1,950 monthly. Condo fees average roughly $630 per month ($0.95 per square foot) and include heat and building insurance. The location offers walkable access to University of Waterloo, Wilfrid Laurier University, Conestoga College, restaurants, cafés and transit. Before finalizing a purchase, retain a lawyer to review the status certificate, reserve fund study, budget, financial statements, board minutes and by-laws.