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    318 Spruce Street


    Highlights

    Property Type:
    Condo
    Number of Storeys:
    23
    Number of Units:
    217
    Condo Completion:
    2016
    Condo Demand:
    Low
    Unit Size Range:
    451 - 1,299 SQFT
    Unit Availability:
    Low
    Property Management:

    Amenities

    Indoor Parking
    Party Room
    Gym
    Visitor Parking
    Rooftop Deck
    Amenity details for reference only. Independently verify accuracy.

    About 318 Spruce StreetSage II

    318 Spruce Street is a great choice for those seeking a Downtown Waterloo condo for sale. This condo is 23 storeys tall and is home to 217 units. The complex was completed in 2016, and features Waterloo condo that range in size from 451 square feet to 1299 square feet.

    Maintenance fees are $0.57 per-square-foot, which is lower than the neighbourhood average of $0.62 per-square-foot.

    The Suites

    The average cost per-square-foot for units at 318 Spruce Street is $454, based on the past 12 months of sales, and units tend to sell within 52 days of being listed. 13 units have been rented in the previous 12 months, and 5 units have been sold. Suites often sell for -5.09% below the listing price and have a low chance of receiving multiple offers.

    Transportation

    If you’re interested in checking out other similar condos within walking distance, you might like 8 Hickory Street, 62 Balsam Street and 375 King Street North.

    Heat
    Included
    Air Conditioning
    Included
    Water
    Included
    Hydro
    Not Included

    Listing History for Sage II

    Nov, 2025
    318 SPRUCE St, unit 1705 for rent
    Unit 1705
    Nov 18, 202525 days on strata
    Leased for $2,250Listed for $2,4502 bd | 2 ba | 900-999 sqft | 1 pkg
    318 SPRUCE St, unit 1907 for rent
    Unit 1907
    Nov 16, 202525 days on strata
    Leased for $2,250Listed for $2,3502 bd | 2 ba | 957 sqft | 1 pkg
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    Days on Strata

    Units at Sage II spend an average of
    52
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Downtown Waterloo

    Turnover of Units

    On average, each unit is owned for
    6.1
    YEARS before being sold again

    Property Value

    -22%
    Decrease in property value within the past twelve months

    Price Ranking

    18th
    Highest price per SQFT out of 46 condos in the Downtown Waterloo area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    13
    Units were Rented over the past twelve months

    Best Value Rank

    Sage II offers the
    ?
    N/A
    best value out of 46 condos in the Downtown Waterloo neighbourhood

    Appreciation Rank

    Sage II has the
    ?
    N/A
    highest ROI out of 46 condos in the Downtown Waterloo neighbourhood

    Rental Yield

    Sage II yields the
    ?
    N/A
    highest rent prices out of 46 condos in the Downtown Waterloo neighbourhood

    High Demand

    Sage II is the
    ?
    N/A
    most popular building out of 46 condos in the Downtown Waterloo neighbourhood

    Market Insights

    Transaction Insights at Sage II

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$285,000$330,000 - $340,000$438,000 - $475,000No DataNo Data
    Avg. Cost Per Sqft$449$489$478No DataNo Data
    Avg. Wait for Unit Availability105 Days122 Days71 Days736 DaysNo Data
    Ratio of Units in Building36%25%38%1%3%

    Market Inventory

    Total number of units listed and sold in Downtown Waterloo