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    for rent
    11 Days on Strata

    217 - 318 Spruce St W

    $2,100/mth
    1 Bed + 1
    2 Bath
    1 Parking
    787 SQFT
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    Price History


    Property Type:
    Condo
    Possession Date:
    Jan 1
    Lease Term:
    Short Term
    Utilities Included:
    No
    Furnished:
    Yes
    Outdoor Space:
    None
    Laundry:
    Main
    Locker:
    None
    Exposure:
    West

    Amenities

    Party Room
    Gym

    About this Listing

    Lease term from Jan 1st, 2026 to Apr 30th, 2026. Fully furnished 1 Bedroom + Den, 2 Bathroom condo for short-term lease in the popular Sage II building. Bright 787 sq ft suite with high ceilings and laminate floors throughout. Den with glass sliding doors can serve as 2nd bedroom or private office. Modern kitchen with granite counters, stainless steel appliances & new faucet. Freshly painted and move-in ready! Includes 1 underground parking & 1 locker. Building amenities: fitness centre, theatre, lounge & party room, study areas and visitor parking. Walk to University of Waterloo, Wilfrid Laurier &Conestoga College Waterloo campus, 20 min to University of Waterloo Close to restaurants, shopping & transit - ideal for visiting professionals or students seeking turnkey living. Extras / Inclusions Stainless-steel fridge, stove & oven, B/I dishwasher, B/I microwave, washer & dryer, window coverings, light fixtures, and all existing furniture: 2 double beds w/mattresses, 2 night tables, sofa, TV & stand, coffee table, 6 chairs, dining table, 2nd table & desk.

    ExtrasStainless-steel fridge, stove & oven, B/I dishwasher, B/I microwave, washer & dryer, window coverings, light fixtures, and all existing furniture : 2 double beds w/mattresses, 2 night tables, sofa, TV & stand, coffee table, 6 chairs, dining table, 2-nd table & desk.

    royal lepage signature realtyMLS® #X12529414

    Utilities & Inclusions

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

    Dimensions


    Bedroom
    14.76 x 11.09ft
    2nd Bedroom
    10.27 x 9.88ft
    Kitchen
    15.75 x 8.17ft
    Living
    11.58 x 9.97ft
    Bathroom
    10.5 x 5.05ft
    Bathroom
    11.58 x 4.89ft

    Renter's Market
    Balanced
    Landlord's Market

    Building Spotlight

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    Bikeability




    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$1,650 - $1,800$1,750 - $2,500$2,250 - $2,800No DataNo Data
    Avg. Wait for Unit Availability101 Days278 Days219 DaysNo DataNo Data
    Ratio of Units in Building36%25%38%1%3%

    Market Inventory

    Total number of units listed and leased in Downtown Waterloo