Updated 5+ Days Ago
Highlights
Pet Friendly
Location
318 Spruce St, Waterloo, ON N2L 0E9, CAN|Downtown Waterloo
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Property management
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Amenities for 318 Spruce St, Downtown Waterloo
Apartment Amenities
| Air Conditioning | Balcony |
| Furnished | High Ceilings |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Cats OK | Dogs OK |
| Elevator | Fitness Center |
| Onsite Laundry | Roof Deck |
Grounds
| Storage |
Services
| On-Site Management |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Cat Policy
Allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Lease terms | 12+ months |
|---|
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About 318 Spruce St
Private 1b+1ba suite @ 318 Spruce St, Waterloo, ON (Sage II / Sage 2) at a prime central location, great for students or young professionals. The building is located just off of King St. and is located within a stone's throw from Wilfrid Laurier University and a 15-20 min walk / 5-7 min bus ride from the University of Waterloo. 10 minute walk to Conestoga College Waterloo. Multiple bus routes available near the building to take you anywhere. Plenty of restaurants and convenience stores within 200m distance, plus a 10-15 min walk to Farm Boy and No Frills for all your grocery needs. Unit details:Suite comes fully furnished with the following: a double bed, 2 nightstands, office desk, a coffee table, 2 bar stools, a mini-table, couch, loveseat, TV/bookshelf/entertainment centre, and 50" flat screen TV.Gas, water, hydro, and high-speed Internet included. Appliances include: stainless steel fridge, oven, microwave, stainless steel dishwasher, and washer/dryer (ensuite).High ceilings in living area/kitchen and bedroomGranite kitchen countertopsPrivate walk-out balconyHeating and A/C includedThe building comes with the following amenities:Fitness CentreRooftop DeckParty RoomMeeting/Media/Study RoomGarbage disposal room (located on each floor)Visitor ParkingResident Parking pass available for purchase from management on a yearly basisAvailable starting Sept. 1, 2026. Viewings available. Longer leases available. Please feel free to reach out with any questions/inquiries, thanks!
Address details
| Neighborhood | Downtown Waterloo |
|---|---|
| Post code | N2L 0E9 |
| Type | Apartment for rent |
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Rent trends in Downtown Waterloo
1-bedroom apartments at 318 Spruce St cost about 2% more than the average rent price for 1-bedroom apartments in Waterloo.
Median rents as of Aug 15 2026.
Downtown Waterloo
Waterloo
| Month | Median Rent |
|---|---|
| August 2024 | $2,137 |
| September 2024 | $2,127 |
| October 2024 | $2,060 |
| November 2024 | $1,940 |
| December 2024 | $1,871 |
| January 2025 | $1,902 |
| February 2025 | $1,941 |
| March 2025 | $1,890 |
| April 2025 | $1,904 |
| May 2025 | $1,944 |
| June 2025 | $2,002 |
| July 2025 | $2,014 |
| August 2025 | $1,841 |
| September 2025 | $1,831 |
| October 2025 | $1,808 |
| November 2025 | $1,713 |
| December 2025 | $1,739 |
| January 2026 | $1,772 |
| February 2026 | $1,770 |
| March 2026 | $1,880 |
| April 2026 | $1,896 |
| May 2026 | $1,890 |
| June 2026 | $1,915 |
| July 2026 | $1,911 |
| August 2026 | $1,804 |
| Month | Median Rent |
|---|---|
| August 2024 | $2,197 |
| September 2024 | $2,198 |
| October 2024 | $2,200 |
| November 2024 | $1,974 |
| December 2024 | $1,933 |
| January 2025 | $2,021 |
| February 2025 | $2,022 |
| March 2025 | $1,888 |
| April 2025 | $2,032 |
| May 2025 | $2,070 |
| June 2025 | $2,106 |
| July 2025 | $2,124 |
| August 2025 | $1,913 |
| September 2025 | $1,919 |
| October 2025 | $2,060 |
| November 2025 | $1,881 |
| December 2025 | $1,823 |
| January 2026 | $1,831 |
| February 2026 | $1,914 |
| March 2026 | $2,047 |
| April 2026 | $2,106 |
| May 2026 | $2,023 |
| June 2026 | $1,974 |
| July 2026 | $1,978 |
| August 2026 | $1,967 |
Affordability calculator
Can I afford to live at 318 Spruce St?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$80,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $80,000 annually to afford this 1-bedroom monthly rent price of $2,000.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 7 years ago | $2,100 | 2 bed | 2 bath |
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Internet available near 318 Spruce St
Getting around Waterloo near 318 Spruce St
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
6/10
Popular public transit options are just a short walk from this location.
Points of interest for 318 Spruce St, Waterloo
Groceries
8/10
At least one supermarket within a 10-minute walk
Shopping
6/10
Variety of shops within a few minutes' walk
Cafes
6/10
Variety of cafés within walking distance
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
4/10
Some bars within walking distance
Other units at this address
318 Spruce Street, Waterloo, ON N2L 3M7, Canada
318 Spruce Street Waterloo, ON
Occupied
Room, 1 Bath
Room
1 Bath
$850
Air Conditioning • Walk-In Closets • On-Site Laundry • Dishwasher • In-Unit Laundry • Balcony
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