
Unit 16, 121 University Avenue E
Waterloo, ON N2J 4J1
121 University Avenuebuilt 1974- 5Bedrooms
- 3Bathrooms
- 1Parking
- 1400–1599Sq Ft
- $3,277Tax
- $767/moCondo Fee
- Estimated Value:$401,500See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 16, 121 University Avenue E, Waterloo
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-08-05 | 2025-11-08 | Login to See Prices | Sold | x12324001 |
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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 16, 121 University Avenue E, Waterloo
LOCATION, LOCATION, LOCATION! PRICED TO SELL! Bright & Spacious End Unit Townhome in Prime Waterloo complex! VACANT, quick or flexible closing available! Just minutes from multiple schools (University of Waterloo, Laurier University and Conestoga College) and ideally located in a family-friendly setting, this updated 5-bedroom, 3-bathroom end-unit townhouse offers exceptional value and versatility. Whether you're a parent investing in your child's future, a homeowner looking for a spacious unit full of potential, or an investor seeking reliable rental income, this home delivers space, comfort, and convenience in equal measure. Boasting over 2,300 square feet total (including basement), this well-maintained, move-in-ready unit features a modern layout with large updated windows that flood the home with natural light. Updated bathrooms and a renovated basement are just a few of the key features. The massive primary bedroom includes a private ensuite and a large walk-in closet, while the fully finished basement offers a stylish rec room with new flooring, updated paint, and ample storage, including in-unit laundry. Enjoy the privacy of this end unit, along with a fully fenced backyard featuring new, low-maintenance patio stones, perfect for outdoor living. This property includes an underground parking space, and condo fees cover water, building insurance, garbage pickup, snow removal, parking, and exterior maintenance, making it a turnkey, worry-free ownership experience. Location is key: Steps from Conestoga College Waterloo Campus, a couple of blocks from Wilfrid Laurier University (WLU), steps to public transit, quick access to the University of Waterloo, Waterloo Park, Uptown Waterloo, and extensive trail systems. With a smart balance of accessibility and tranquillity, this condo is ideal for students, families, or investors. Highly profitable as a rental and flexible for immediate occupancy - this is a rare opportunity you won't want to miss.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,277
- Land Transfer Tax Fee
- $4,475
Condo/Maintenance Fee
- Maintenance Fee
- $767 /month
Included In Maintenance Fee
- Water Included
- Building Insurance Included
- Parking Included
Rental Items
- Rental Equipment
- None
- Under Contract
- None
- Basement Type
- Full, Finished
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Laundry Room, In Basement
- Laundry Level
- Lower Level
- Interior Extras
- Water Heater Owned, Water Softener
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- None
- Exterior Extras
- Patio
Building Amenities
- BBQs Allowed
- Visitor Parking
Building
- Building Type
- Condo Townhouse
- Building Style
- 2-Storey
- Approx Age
- 51-99
- Condo Corp Number
- 23
Construction
- Exposure
- North
- Exterior Finish
- Brick Veneer, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Inclusions
- Inclusions
- 3 fridges, 1 stove, 1 washer, 1 dryer, all window coverings
Exclusions
- Exclusions
- None
Parking & Garages
- Garage Type
- Underground
- Garage Spaces
- 1
- 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
- 5
- Washrooms
- 3
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Kitchen—Main level
- Dining Room—Main level
- Bathroom—Main level, 2 Pc Bath
- Bedroom—Main level
- Bedroom—Main level
- Bedroom—Second level
- Bedroom—Second level
- Primary Bedroom—Second level
- Bathroom—Second level, 4 Pc Bath
- Bathroom—Second level, 4 Pc Ensuite
- Recreation—Basement level
- Laundry—Basement level
- Utility Room—Basement level
Washrooms
- 2-piece, Main
- 4-piece, Second
- Municipality
- Waterloo
- Main cross streets
- Marsland Drive & University Ave
- Zoning
- RMU-20
- Directions
- Enter Village on the Green from University Avenue East. Drive into the complex. Unit 16 is located in the third group of town homes on your left hand side. End unit. There is visitor parking in the development near the parking garage entrance.
- MLS® number
- X12324001
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-11-08
- Listed on
- 2025-08-05
- Days on market
- 95 days
- Possession date
- 2025-09-04
- Possession type
- Flexible
- Co-op commission
- 2% + HST
- Seller
- Listed by
- Red Brick Real Estate Brokerage Ltd.
Home Market Value
Current home valuation for Unit 16, 121 University Avenue E, Waterloo, , . Listed for $399,999
HOMEH Estimate
$401,500
Estimated Sales Range
$353,320 - $449,680
HOMEH Estimate for Unit 16, 121 University Avenue E, Waterloo
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$20,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $15,200 | $11,160 | $9,520 | $0 |
=Total mortgage | $395,199 | $371,159 | $349,519 | $319,999 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,930monthly | $1,812monthly | $1,707monthly | $1,562monthly |
Land Transfer Tax
$4,475
$4,475
Around this home
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