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Exceptional opportunity to own a prime commercial condominium together with a well-established convenience and vape business in the heart of Waterloo's thriving university district. Whether you're an investor seeking stable rental income or an owner-operator looking to run your own business, this property offers outstanding flexibility and long-term growth potential. Located on the ground floor of Sage 2 Condos, this premium retail unit is just steps from the University of Waterloo and Wilfrid Laurier University. Surrounded by thousands of students and residents, the area has a limited supply of retail space, creating exceptional demand and consistent pedestrian traffic. This attractive 1, 824 sq. ft. commercial unit features 15-foot clear ceilings with no interior support columns, providing a bright, open layout with excellent visibility and direct street exposure. The property also includes one underground parking space, one storage locker, a kitchen, and a private washroom, making it suitable for a wide range of retail, food service, medical, professional, or office uses.The owner currently operates a successful convenience store and vape shop, and a liquor licence is available. The purchaser has the flexibility to continue operating the existing business or take vacant possession and establish a new business concept. (id:58753)
King St N/University Ave E
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price |
|---|---|---|---|---|
| 2930 NOTRE DAME DRIVE | 4 | 5 | Jul 10, 2026 | $3,679,900 |
| 685 MEADOWSWEET AVENUE | 5 | 5 | Jul 12, 2026 | $2,800,000 |
| 45 Fifth Avenue, Kitchener ON N2C 1P5 | 4 | 2 | Jul 02, 2026 | $599,900 |
| 22 Charles Street, St. Clements ON N0B 2M0 | 3 | 2 | Jul 01, 2026 | $849,900 |
| 334 DOLMAN STREET | 5 | 3 | Jun 26, 2026 | $969,900 |
Discover key demographics, population statistics, and environmental insights for the Waterloo, ON area.
82/100
Very Walkable
Walk Score ®
65/100
Good Transit
Transit Score ®
75/100
Very Bikeable
Bike Score ®
Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.
16 nearby routes: 15 bus, 1 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 49/100, Transit Score: 40/100, Bike Score: 61/100.
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0 bds • 0 ba • 1,824 sqft
102 - 318 SPRUCE STREET, Waterloo, ON N2L0E9
0 bds • 0 ba • 1,950 sqft
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0 bds • 0 ba • 2,097 sqft
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0 bds • 0 ba • 1,972 sqft
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4 bds • 2 ba • 1,773 sqft
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4 bds • 3 ba • 1,975 sqft
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4 bds • 3 ba • 1,975 sqft
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3 bds • 2 ba • 1,910 sqft
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3 bds • 3 ba • 2,079 sqft
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4 bds • 3 ba • 1,885 sqft
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4 bds • 4 ba • 1,818 sqft
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3 bds • 3 ba • 1,661 sqft
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5 bds • 3 ba • 1,950 sqft
134 GREENBRIER Drive, Waterloo, ON N2L4B5
bds • 0 ba • 1824 sqft
102 - 318 SPRUCE STREET
bds • 0 ba • 1950 sqft
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5 bds • 5 ba • sqft
506 - 8 HICKORY STREET W
5 bds • 5 ba • sqft
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5 bds • 5 ba • sqft
703 - 8 HICKORY STREET
5 bds • 5 ba • 2077 sqft
806-8 Hickory Street W, Waterloo ON N2L 3H6
5 bds • 5 ba • sqft
806 - 8 HICKORY STREET W
5 bds • 5 ba • sqft
1105 - 8 HICKORY STREET W
5 bds • 5 ba • 2104 sqft
8 HICKORY Street W Unit# 1105
5 bds • 5 ba • 2104 sqft
1105-8 Hickory Street W, Waterloo ON N2L 3H6
5 bds • 5 ba • 2104 sqft
8 HICKORY Street W Unit# 1105
6 bds • 2 ba • sqft
38 HIGH STREET
0 bds • 0 ba • 2097 sqft
379 Holly Street, Waterloo ON N2L 4G5
0 bds • 0 ba • 2097 sqft
379 HOLLY Street
6 bds • 2 ba • 1001 sqft
38 HIGH Street
6 bds • 2 ba • sqft
57 HIGH STREET
4 bds • 3 ba • sqft
391 TAMARACK DRIVE
5 bds • 2 ba • 900 sqft
185 REGINA Street N
bds • 0 ba • 926 sqft
105&106 - 250 ALBERT STREET
Source: Realty.com
102 318 SPRUCE STREET, Waterloo, ON N2L0E9 in Waterloo, ON N2L0E9 is a mixed use listed at $899,000. Highlights include 1,824 sq. ft., $493 per sq. ft.. Realty.ca has 12 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 12 photos of 102 318 SPRUCE STREET.
The full address for this home is 102 318 SPRUCE STREET, Waterloo, ON N2L0E9.
102 318 SPRUCE STREET has been listed on Realty.com since Fri July 17, 2026
Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 49/100, Transit Score: 40/100, Bike Score: 61/100.
Listing provided courtesy of:
AIMHOME REALTY INC.
Listing agent:
VICKY PAN
This content last refreshed on 2026-07-26 18:42:23. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.