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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale Listed 6 days ago

    Unit 2203 — 318 Spruce Street

    Waterloo, ON·N2L 0E9·Near Hickory Street W

    • 3 beds
    • 2 baths
    Waterloo real estate›X13413902
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Penthouse Living in the Heart of Waterloo's University District! Welcome to Unit 2203 at the sought-after Sage Condos, a stunning penthouse suite offering style, space, and convenience in one of Waterloo's most desirable locations. This beautifully appointed 3-bedroom unit (including a den professionally converted into a third bedroom) features soaring ceilings, modern laminate hardwood flooring, and an abundance of natural light throughout. The open-concept layout is perfect for students, professionals, investors, or families alike. The spacious kitchen is designed for both everyday living and entertaining, complete with a large island and breakfast bar, stainless steel appliances, double sink, and ample cabinetry. The primary suite offers a generous walk-in closet and a private 4-piece ensuite, while a second 3-piece bathroom adds convenience for family members and guests. Step outside to the oversized corner balcony and enjoy elevated penthouse views of the city. The suite is currently furnished, with furniture included, making this an exceptional turnkey opportunity. Residents of Sage Condos enjoy outstanding amenities including a media room, rooftop terrace, fitness center, party room, and guest suites. Ideally located just steps from the University of Waterloo and Wilfrid Laurier University, with shopping, restaurants, cafés, public transit, and everyday conveniences right at your doorstep.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 8, 2026ListedCurrentFor sale$519,900 —X13413902This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      2
      Heating
      Forced Air
      Air conditioning
      Central Air
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 2203 — 318 Spruce Street
    What's nearby

    Points of interest classified by the MLS® feed.

    • School
    • School Bus Route
    • Public Transit
    • Place Of Worship
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $2,554
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $397
    0.92% mill rate · ON
    The market

    How this home sits in the Waterloo market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Waterloo market right now

    Average sold price, days on market, and closed-transaction count for Waterloo — sourced from MLS®.

    • Avg sold price
      $775,463
      Last 30 days
    • Median sold price
      $705,000
      Middle of the market
    • Days on market
      27 d
      Avg from list to close
    • Closed last 30d
      303
      MLS® transactions
    Full Waterloo market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 2203 — 318 Spruce Street — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 2203 — 318 Spruce Street and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 2203 — 318 Spruce Street listed for?

      Unit 2203 — 318 Spruce Street is listed at $519,900 on the MLS® (listing X13413902). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 2203 — 318 Spruce Street have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 900-999 sqft
  2. Condo Apartment
  3. Built 6-10
  4. Asking
    $519,900
    $1 / sqft · MLS® X13413902
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $775,463
    $713,426Confidence range$837,500
    Asking vs estimate
    ↓below
    −$255,563
    (-33.0%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 3 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Waterloo sell in about 27 days — this one has been listed 6 days.

    Avg sold price
    $775,463
    Median sold
    $705,000
    Avg days on market
    27
    Recently sold
    303
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    • Welcome to Unit 2203 at the sought-after Sage Condos, a stunning penthouse suite offering style, space, and convenience in one of Waterloo's most desirable locations.
    • The spacious kitchen is designed for both everyday living and entertaining, complete with a large island and breakfast bar, stainless steel appliances, double sink, and ample cabinetry.
    • The primary suite offers a generous walk-in closet and a private 4-piece ensuite, while a second 3-piece bathroom adds convenience for family members and guests.
    • Step outside to the oversized corner balcony and enjoy elevated penthouse views of the city.
    Ask Zara a follow-up

    Parking & garage

    2
    Garage
    None
    Parking spaces
    0
  6. Interior

    6
    Basement
    None
    Family room
    Y
    Kitchens
    1
    Total rooms
    8
    Laundry level
    Main Level
    Elevator
    Y
  7. Exterior & construction

    5
    Exterior
    Brick, Vinyl Siding
    Roof
    Flat
    Foundation
    Poured Concrete
    Patio
    Open
    Balcony
    Open
  8. Lot & land

    2
    Year built
    6-10
    Zoning
    GR
  9. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    1 Storey/Apt
    Property class
    Condo Apartment
  10. Room-by-room · 8 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    8 rooms
    • Living Room
      12.5 × 9.4 ft
    • Bedroom
      11.8 × 8.6 ft
    • Bathroom
      8.1 × 4.8 ft
    • Bathroom
      8.1 × 8.1 ft
    • Other
      Walk-In Closet(s)
      8.1 × 5.3 ft
    • Kitchen
      8.2 × 12.6 ft
    • Bedroom
      11.8 × 9.7 ft
    • Primary Bedroom
      13.5 × 11.8 ft

    Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $646
    per month
    Maintenance fee includes
    • Heat
    • Water
    Building details
    • Unit2203
    • Storeys (building)22
    • ExposureEast
    • LockerNone
    • Parking typeNone
    • Pet policyYes-with Restrictions
    • Ensuite laundryY
    • Condo corp624
    • Corp #624
    • Property managerWilson Blanchard
    Building amenities
    • Elevator
    • Media Room
    • Rooftop Deck/Garden
    • Visitor Parking
  11. Park
  12. Combined estimate
    $2,951
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $2,554
    /mo
    based on the purchase price of $519,900
    $103,980 cash
    $415,920 financed
    $350,314 total interest
    Monthly payment$2,554/ month
    Principal54%$415,920
    Interest46%$350,314

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax and condo fees.

    Comparable condo apartments that just sold in Waterloo

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 330 PHILLIP Street
      Sold
      Sign in for price
      330 PHILLIP Street
      Condo Apartment
    • 330 Phillip Street
      Sold
      Sign in for price
      330 Phillip Street
      Condo Apartment
    • 318 Spruce Street
      Sold
      Sign in for price
      318 Spruce Street
      Condo Apartment
    • 265 Westcourt Place
      Sold
      Sign in for price
      265 Westcourt Place
      Condo Apartment
    • 223 Erb Street
      Sold
      Sign in for price
      223 Erb Street
      Condo Apartment
    • 255 Keats Way
      Sold
      Sign in for price
      255 Keats Way
      Condo Apartment
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 2203 — 318 Spruce StreetThis home3 / 2900,999$519,900ask$1——
    330 PHILLIP Street3 / 2800—
    330 Phillip Street2 / 2800—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More condo apartments in Waterloo

    Active listings within ±20% of this asking price.

    • 30 Blue Springs Drive
      $450,000
      30 Blue Springs Drive
      Condo Apartment 2 2
    • 251 Lester Street
      $509,000
      251 Lester Street
      Condo Apartment 5 2
    • 191 King Street
      $605,000
      191 King Street
      Condo Apartment 2 2
    • 251 NORTHFIELD Drive
      $539,900
      251 NORTHFIELD Drive
      Condo Apartment 2 2
    • 8 Hickory Street
      $499,000
      8 Hickory Street
      Condo Apartment 3 2
    • 258B Sunview Street
      $479,900
      258B Sunview Street
      Condo Apartment 2 2
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  13. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  14. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  15. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  16. Public listing courtesy of RE/MAX TWIN CITY REALTY INC. · displayed on Summitly per MLS® data-share rules

    Unit 2203 — 318 Spruce Street is a 3-bedroom, 2-bath, 900-999 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  17. When was Unit 2203 — 318 Spruce Street built?

    Unit 2203 — 318 Spruce Street was built in 6-10. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  18. What is the property tax for Unit 2203 — 318 Spruce Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 2203 — 318 Spruce Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  19. How much would the monthly mortgage be on Unit 2203 — 318 Spruce Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $519,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  20. Has Unit 2203 — 318 Spruce Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 2203 — 318 Spruce Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  21. What neighbourhood is Unit 2203 — 318 Spruce Street in?

    Unit 2203 — 318 Spruce Street is in Waterloo, Waterloo. The 'Neighbourhood' section below links to the live Waterloo real estate hub with average sold price, days on market, and current inventory.

  22. Is Waterloo a good place to live?

    Waterloo is one of ON's actively-tracked Summitly markets. The full Waterloo real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  23. 318 Spruce Street
    2 / 2
    900
    —
    265 Westcourt Place2 / 21,200—
    223 Erb Street2 / 21,000—
    255 Keats Way2 / 21,400—