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    for sale
    38 Days on Strata
    Est Sell Timeframe:
    16 Days

    1501 - 318 Spruce St

    Sage II
    $339,000
    1 Bed
    2 Bath
    1 Parking
    753 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History

    Maintenance Fees:
    $470/mth
    Taxes:
    $3,919 (2025)
    Property Type:
    Condo
    Cost Per Sqft:
    $450/sqft
    Outdoor Space:
    Balcony
    Locker:
    None
    Possession Date:
    Oct 31
    Exposure:
    South

    Amenities

    BBQs Allowed
    Elevator
    Gym
    Media Room
    Party Room
    Visitor Parking

    About this Listing

    Imagine sipping your morning coffee or unwinding in the evening on your private, oversized balcony with unobstructed views of Wilfred Laurier University and the vibrant University District. Welcome to unit 1501, an ideal 700+ sq/ft 1 bedroom plus den, 2 bathroom unit perfect for professionals, students, first-time buyers, or savvy investors. Discover what makes this feel like home: -A versatile layout featuring a bonus den perfect for a home office. -Modern kitchen with granite countertops. - Open-concept living space flows seamlessly onto the large balcony. -Amazing building amenities including a large gym, party/study room, rooftop patio and dining options just an elevator ride away. -Located steps from Laurier University, a multitude of cuisine options, LRT and GRT stops and a short jaunt to Conestoga Mall. Don't miss this opportunity to perfectly balance comfort and a premier location.Imagine sipping your morning coffee or unwinding in the evening on your private, oversized balcony with unobstructed views of Wilfred Laurier University and the vibrant University District. Welcome to unit 1501, an ideal 700+ sq/ft 1 bedroom plus den, 2 bathroom unit perfect for professionals, students, first-time buyers, or savvy investors. Discover what makes this feel like home: -A versatile layout featuring a bonus den perfect for a home office. -Modern kitchen with granite countertops. - Open-concept living space flows seamlessly onto the large balcony. -Amazing building amenities including a large gym, party/study room, rooftop patio and dining options just an elevator ride away. -Located steps from Laurier University, a multitude of cuisine options, LRT and GRT stops and a short jaunt to Conestoga Mall. Don't miss this opportunity to perfectly balance comfort and a premier location.

    trilliumwest real estate brokerage ltdMLS® #X12464513

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Included
    Air Conditioning
    Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Electric
    Air Conditioning Type
    Central Air

    Dimensions

    Room dimensions are not available for this listing.

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

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    Building Trends At Sage II

    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