
Unit 22, 121 University Avenue E
Waterloo, ON N2J 4J1
121 University Avenuebuilt 1974- 4Bedrooms
- 3Bathrooms
- 1Parking
- 1400–1599Sq Ft
- $3,398Tax
- $770/moCondo Fee
- Estimated Value:$400,000See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 22, 121 University Avenue E, Waterloo
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-04-08 | 2026-06-10 | Login to See Prices | Sold | 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.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$22,250
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $16,910 | $12,416 | $10,591 | $0 |
=Total mortgage | $439,660 | $412,916 | $388,841 | $356,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,147monthly | $2,016monthly | $1,899monthly | $1,738monthly |
Land Transfer Tax
$5,375
$5,375
Around this home
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