Sold for:Sold Jun 10, 2026
$445,000

Unit 22, 121 University Avenue E

Waterloo, ON N2J 4J1

Condo Townhouse SoldNot available
121 University Avenue exterior121 University Avenuebuilt 1974
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for Unit 22, 121 University Avenue E, Waterloo

2026-04-08
2026-06-10
Sold
Price
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MLS#
x12986688

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About Unit 22, 121 University Avenue E, Waterloo

Summarized Description

  • Spacious 4-bedroom, 2.5-bathroom end-unit townhome
  • Move-in ready with recent updates worth $25,000
  • Bright main living space with outdoor access
  • Large primary suite with walk-in closet and ensuite
  • Strong rental potential of approximately $3,600/month
  • Conveniently located near universities and transit
  • Low-maintenance ownership with included parking
  • Partially finished lower level for extra recreation space

Welcome to Village on the Green, a well-established Waterloo community known for its mature trees, peaceful park-like setting, and rare blend of space, privacy, and convenience. Offering over 2,100 sq ft of total living space, this 4-bedroom, 2.5-bathroom end-unit townhome provides excellent flexibility for families, investors, or parents seeking housing near the universities. The functional multi-level layout features separate living and dining areas with great flow for everyday living and entertaining. The main living space is bright and welcoming with walkout access to the outdoor area, while the main floor bedroom works perfectly as a home office, guest room, or additional living space. Upstairs are three spacious bedrooms, including a large primary suite with walk-in closet and private ensuite, plus a separate family bathroom. The partially finished lower level offers additional recreation space, laundry, and plenty of storage, making the home highly practical for growing families or shared living arrangements. With $25,000 in recent updates, the home is clean, well-maintained, and move-in ready. Vacant possession with quick closing available. The layout supports strong rental potential with estimated income of approximately $3,600/month in a consistently high-demand location. Conveniently located: 2 minutes to the expressway 5 minutes or less to University of Waterloo, Wilfrid Laurier University, and Uptown Waterloo Directly across from Conestoga College Waterloo campus, close to transit, shopping, restaurants, parks, and walking trails1 owned underground parking space included, with additional parking available to rent ($50/month underground, $35/month surface). Condo fees include exterior maintenance, windows, and doors, offering a low-maintenance ownership experience in a highly desirable Waterloo neighbourhood.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,398
Land Transfer Tax Fee
$5,375

Condo/Maintenance Fee

Maintenance Fee
$770 /month

Included In Maintenance Fee

  • Water Included
  • Common Elements Included
  • Parking Included

Rental Items

Rental Equipment
Water Heater
Under Contract
Hot Water Tank-Gas

Basement Type
Partially Finished

Interior Features

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

Exterior Features

Balcony
None
Exterior Extras
Patio

Building

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

Construction

Exposure
West
Exterior Finish
Brick Veneer, Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Inclusions

Inclusions
Fridge, Stove, Dishwasher, Microwave, Hood vent, Washer, Dryer, Water Softener, Window coverings

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Exclusive
Parking Spaces
0
Total Garage And Parking Spaces
1

Lockers

Locker Type
None

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
4
Washrooms
3
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Bathroom—
    Main level, 2 Pc Bath
  • Bedroom—
    Main level
  • Dining Room—
    Main level
  • Kitchen—
    Main level
  • Living Room—
    Main level
  • Bathroom—
    Upper level, 4 Pc Bath
  • Bathroom—
    Upper level, 4 Pc Ensuite
  • Bedroom—
    Upper level
  • Bedroom—
    Upper level
  • Primary Bedroom—
    Upper level
  • Laundry—
    Lower level
  • Recreation—
    Lower level
  • Workshop—
    Lower level
  • Cold Room/Cantina—
    Lower level

Washrooms

  • 2-piece, Main
  • 4-piece, Upper

Municipality
Waterloo
Main cross streets
Marsland Avenue & University Avenue East
Zoning
RMU-20
Directions
From highway, take the University ave W exit. after 1.5 kms, Village on the Green at 121 University is on the left just before Weber. unit 22 is 250 Metres up on the left.

MLS® number
X12986688
Data source
Toronto Regional Real Estate Board
Status change
2026-06-10
Listed on
2026-04-08
Days on market
63 days
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
RE/MAX Solid Gold Realty (II) Ltd

Home Market Value

Current home valuation for Unit 22, 121 University Avenue E, Waterloo, , . Listed for $445,000

HOMEH Estimate

?

$400,000

Estimated Sales Range

?

$316,000 - $484,000

HOMEH Estimate for Unit 22, 121 University Avenue E, Waterloo

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

$400,000Medium confidence
Based on 4 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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$439,660$412,916$388,841$356,000
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$2,147monthly$2,016monthly$1,899monthly$1,738monthly
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Land Transfer Tax

Provincial

$5,375

Total Land Transfer Tax

$5,375

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