Unit 32, 121 University Avenue E
Waterloo (Downtown Waterloo), ON N2J 4J1
121 University Avenuebuilt 1974- 5Bedrooms
- 3Bathrooms
- 1Parking
- 1400–1599Sq Ft
- $3,304Tax
- $766/moCondo Fee
Estimated Value:$406,529See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit 32, 121 University Avenue E, Waterloo, Downtown Waterloo
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About Unit 32, 121 University Avenue E, Waterloo, Downtown Waterloo
Summarized Description
- Ideal for investors and first-time buyers
- 5 spacious bedrooms with natural light
- Potential rental income of $3,500 to $4,000
- Master bedroom features ensuite and walk-in closet
- Conveniently located near schools and shopping
- Includes a rec room for entertainment
- Patio for outdoor relaxation and barbecues
- Underground parking for winter convenience
Calling all INVESTORS, FIRST TIME HOME BUYERS AND FAMILIES ALIKE! This exceptional 5 bedroom townhouse has the potential of $3,500 to$4,000 per month rent!, For families and first time home buyers the square footage offers incredible value. The spacious layout seamlessly flows from room to room, creating an inviting atmosphere for both relaxation and entertainment. Enjoy preparing meals with ease as there is noshortage of counter space in the kitchen. Morning coffee or barbecues with friends on your patio. Each bedroom offering plenty of space, natural light, and closet storage. The master bedroom features an ensuite bath & walk in closet. Downstairs, is a rec room for movie nights and entertaining. There is an abundance of storage in the basement for all of your extra belongings. Take advantage of the proximity to excellent schools, Wilfred Laurier University, Waterloo University as well as the Conestoga College campus, Miles of scenic walking trails for outdoor enthusiasts to explore the natural beauty of the surrounding area. For those who enjoy shopping and dining, you're in luck! This property is conveniently located within walking distance to great shopping destinations and local eateries, providing endless opportunities for leisure! No scraping your car this upcoming winter as there is a underground parking space included.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,304
- Land Transfer Tax Fee
- $4,611
Condo/Maintenance Fee
- Maintenance Fee
- $766 /month
Included In Maintenance Fee
- Water Included
- Building Insurance Included
- Parking Included
Rental Items
- Rental Equipment
- Furnace, Hot Water Heater
- Basement Type
- Finished, Full
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Laundry Room
- Laundry Level
- Lower Level
- Interior Extras
- Other
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- None
- Exterior Extras
- Privacy
Building Amenities
- Visitor Parking
Building
- Building Type
- Condo Apartment
- Building Style
- 2-Storey
- Approx Age
- 51-99
- Condo Corp Number
- 23
Construction
- Exposure
- North
- Exterior Finish
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Inclusions
- Inclusions
- Included Appliances (as is condition) Fridge x 2, Dishwasher, Stove, Built-in Microwave, Washer, Dryer, Ecobee
Exclusions
- Exclusions
- TENANT BELONGINGS
Parking & Garages
- Garage Type
- Underground
- Garage Spaces
- 1
- Parking Type
- Exclusive
- Parking Spaces
- 0
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- None
- Locker Number
- N/A
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 5
- Washrooms
- 3
- Kitchens
- 1
Room sizes
- Dining Room11ft. 2in. X 8ft. 0in.Main level
- Bedroom11ft. 1in. X 15ft. 1in.Main level
- Bathroom—Second level, 4 Pc Bath
- Bathroom—Main level, 2 Pc Bath
- Bedroom11ft. 1in. X 13ft. 11in.Main level
- Bathroom—Basement level, 4 Pc Bath
- Bedroom—Second level
- Bedroom11ft. 1in. X 10ft. 1in.Second level
- Utility Room—Basement level
- Bathroom—Second level, 4 Pc Ensuite
- Laundry—Basement level
- Bedroom11ft. 1in. X 10ft. 1in.Second level
- Recreation—Basement level
- Primary Bedroom11ft. 1in. X 15ft. 9in.Second level
- Kitchen8ft. 10in. X 10ft. 10in.Main level
Washrooms
- 2-piece, Main
- 4-piece, Second
- Municipality
- Waterloo
- Neighbourhood
- Downtown Waterloo
- Main cross streets
- Marsland
- Zoning
- RMU-20
- Directions
- University Ave East to Marsland drive
- Waterfront
- None
- MLS® number
- X13489360
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-07-21
- Listed on
- 2026-06-25
- Days on market
- 26 days
- Possession date
- 2026-07-31
- Possession type
- Flexible
- Co-op commission
- 2.0 + plus hst
- Seller
- Listed by
- Keller Williams Innovation Realty
Home Market Value
Current home valuation for Unit 32, 121 University Avenue E, Waterloo, Downtown Waterloo, Waterloo, ON. Listed for $406,800
HOMEH Estimate
$406,529
Estimated Sales Range
$243,917 - $569,141
HOMEH Estimate for Unit 32, 121 University Avenue E, Waterloo, Downtown 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
$20,340
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $15,458 | $11,350 | $9,682 | $0 |
=Total mortgage | $401,918 | $377,470 | $355,462 | $325,440 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,962monthly | $1,843monthly | $1,736monthly | $1,589monthly |
Land Transfer Tax
$4,611
$4,611
Around this home
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