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    321 Spruce Street

    U Plus

    Highlights

    Property Type:
    Condo
    Number of Storeys:
    7
    Number of Units:
    68
    Condo Completion:
    2018
    Condo Demand:
    Low
    Unit Size Range:
    546 - 1,099 SQFT
    Unit Availability:
    Low
    Property Management:

    Amenities

    Concierge
    Party Room
    Gym
    Indoor Parking
    Visitor Parking

    About 321 Spruce StreetU Plus

    Located at 321 Spruce Street, U Plus is a 7-storey condo containing 68 units. These Waterloo condos for sale were completed in 2018 with units starting at 546 square feet, ranging up to 1099 square feet. What makes a Downtown Waterloo condo for sale most appealing is all that the neighbourhood has to offer.

    Maintenance fees at 321 Spruce Street are $0.99 per-square-foot, which is significantly higher than the city average of about $0.67.

    The Suites

    The average cost per-square-foot for units at 321 Spruce Street is $401, based on the past 12 months of sales, and units tend to sell within 77 days of being listed. 3 units have been rented in the previous 12 months, and 3 units have been sold. Suites often sell for -0.84% below the listing price and have a medium chance of receiving multiple offers.

    Transportation

    Curious about similar condos in the area? Check out 8 Hickory Street, 318 Spruce Street and 375 King Street North — all within walking distance.

    Heat
    Included
    Hydro
    Not Included
    Air Conditioning
    Not Included
    Water
    Not Included

    Buyer's Market
    Balanced
    Seller's Market

    Listing History for U Plus

    Apr, 2026
    321 Spruce St, unit 502 for rent
    Unit 502
    Apr 01, 2026102 days on strata
    ExpiredListed for $2,0501 bd + 1 | 1 ba | 618 sqft | 0 pkg
    Mar, 2026
    321 Spruce St S, unit 207 for rent
    Unit 207
    Mar 04, 2026202 days on strata
    TerminatedListed for $2,1001 bd | 1 ba | 600-699 sqft | 0 pkg
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    Days on Strata

    Units at U Plus spend an average of
    77
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    6
    YEARS before being sold again

    Property Value

    -35%
    Decrease in property value within the past twelve months

    Price Ranking

    16th
    Highest price per SQFT out of 46 condos in the Downtown Waterloo area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Market Insights

    Transaction Insights at U Plus

    1 Bed1 Bed + Den2 Bed
    Price Range$265,000$265,000No Data
    Avg. Cost Per Sqft$431$394No Data
    Avg. Wait for Unit AvailabilityNo Data101 DaysNo Data
    Ratio of Units in Building9%83%7%

    Market Inventory

    Total number of units listed and sold in Downtown Waterloo