Listed for:Listed Sep 9, 2026
$419,900

Unit 101, 121 University Avenue E

Waterloo (Lincoln Heights), ON N2J 4J1

Condo Townhouse For Sale
121 University Avenue exterior121 University Avenuebuilt 1974
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for Unit 101, 121 University Avenue E, Waterloo, Lincoln Heights

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit 101, 121 University Avenue E, Waterloo, Lincoln Heights

Summarized Description

  • Fully renovated kitchen with modern features.
  • Private patio for outdoor enjoyment.
  • Walk-in closet in primary suite.
  • Updated bathrooms for convenience.
  • Close to major universities and amenities.
  • Flexible layout for customization.
  • Partially finished basement for recreation.
  • Ideal for first-time buyers or investors.

Welcome to 121 University Avenue East Unit 101, Waterloo! An ideal opportunity for first-time buyers, investors, or parents of students, this beautifully maintained townhouse is located directly across from Conestoga College's Waterloo campus & just a short walk to the University of Waterloo & Wilfrid Laurier University. With its prime location, this home truly checks all the boxes. Step Inside, you'll be welcomed by a freshly painted interior & a spacious main floor that has been thoughtfully updated. The fully renovated kitchen (2022) features maple cabinetry, tiled floors & plenty of prep & storage space. The adjoining dining area is perfect for family dinners or gatherings with friends. A bright & airy living room offers plenty of space to relax & provides direct walkout access to a large private patio where you can enjoy your morning coffee or summer BBQs. The powder room on this level has also been tastefully updated 2023. Except for the entrance, kitchen & basement, the entire home features updated wall-to-wall carpeting (2023). Upstairs, you'll find 3 generous bedrooms with The primary suite comes complete with a walk-in closet & a fully renovated 4pc ensuite bath (2024), while the other two bedrooms share another renovated full bathroom (2024). The partially finished basement includes a sizeable recreation room & laundry facilities, with lots of room left for future customization & personal touches. With its flexible layout, there is also potential to convert part of the area into additional bedrooms while still keeping a large recreation space. Additional highlights include a new water softener (2024), one parking spot included with lots of visitor parking. The location is unbeatable, close to bus routes, shopping, restaurants, entertainment & just minutes from major highways. Whether you're looking for a comfortable family home, a smart investment or student housing close to campus, this property offers it all. Book your showing today & make it yours!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,448
Land Transfer Tax Fee
$4,873

Condo/Maintenance Fee

Maintenance Fee
$767 /month

Included In Maintenance Fee

  • Water Included
  • Common Elements Included
  • Parking Included

Rental Items

Rental Equipment
Hot Water Heater, Water Softener

Basement Type
Full, Partially Finished

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
In Basement
Interior Extras
Water Heater, Water Softener
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
None

Building

Building Type
Condo Townhouse
Building Style
2-Storey
Condo Corp Number
23

Construction

Exposure
East
Exterior Finish
Brick
Special Designation
Unknown

Inclusions

Inclusions
Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Type
Exclusive
Parking Spaces
1
Total Garage And Parking Spaces
1

Lockers

Locker Type
None

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
3
Washrooms
3
Kitchens
1

Room sizes

  • Living Room—
    Main level
  • Bedroom 2—
    Second level
  • Bathroom—
    Main level, 2 Pc Bath
  • Primary Bedroom—
    Second level
  • Bathroom—
    Second level, 4 Pc Ensuite
  • Bedroom 3—
    Second level
  • Bathroom—
    Second level, 4 Pc Bath
  • Utility Room—
    Basement level
  • Dining Room—
    Main level
  • Recreation—
    Basement level
  • Kitchen—
    Main level
  • Laundry—
    Basement level

Washrooms

  • 2-piece, Main
  • 4-piece, Second

Municipality
Waterloo
Neighbourhood
Lincoln Heights
Main cross streets
University Ave E
Directions
Marshall Street To University Ave E

MLS® number
X13763314
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-09
Updated on
2026-09-09
Days on market
36 days
Possession type
Flexible
Co-op commission
2% + HST
Seller
Listed by
RE/MAX TWIN CITY REALTY INC.

Home Market Value

Current home valuation for Unit 101, 121 University Avenue E, Waterloo, Lincoln Heights, Waterloo, ON. Listed for $419,900

HOMEH Estimate

?

$390,689

Estimated Sales Range

?

$308,644 - $472,734

HOMEH Estimate for Unit 101, 121 University Avenue E, Waterloo, Lincoln Heights

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$390,689Medium confidence
Based on 5 comparable properties
+ $29,211 (7%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Waterloo, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$20,995

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$15,956$11,715$9,994$0
=Total mortgage
$414,861$389,625$366,909$335,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,026monthly$1,902monthly$1,791monthly$1,640monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$4,873

Total Land Transfer Tax

$4,873

Around this home

7/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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