Sold for:Sold Feb 10, 2025
$539,000

Unit 72, 121 University Avenue

Waterloo (Downtown Waterloo), ON N2J 4J1

Condo Townhouse SoldNot available
121 University Avenue exterior121 University Avenuebuilt 1974

This home has sold. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for Unit 72, 121 University Avenue, Waterloo, Downtown Waterloo

2024-11-26
2025-02-10
Sold
Price
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MLS#
x11241886
2024-08-27
2024-11-25
Terminated
Price
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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 72, 121 University Avenue, Waterloo, Downtown Waterloo

TOP 3 HIGHLIGHTS Perfect for First-Time Buyers & Investors: 1- This spacious 5-bedroom, 4-bathroom condo townhouse includes an owned underground parking spot. The main floor offers two generously sized bedrooms and a full bathroom with a shower. The second floor features an ensuite, plus two additional bedrooms and another bathroom. The basement also includes a bathroom. All four bathrooms have been recently renovated for a modern, updated look. 2- Ample Space at a Great Price: With over 1,500 square feet of living space, this property offers fantastic value. It's ideal for family living or as a rental investment, offering plenty of room for comfort and functionality. 3- Prime Location: Situated in a highly sought-after area, this condo townhouse is just a short walk to both Wilfrid Laurier University and the University of Waterloo. It's also steps away from Conestoga College on University Ave, with easy access to major highways making it perfect for students, professionals, or investors. The maintenance fee covers building repairs, roof maintenance, water, grass cutting, snow removal, garbage collection, and one secure underground parking space. **EXTRAS** Owned Tankless water heater

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,232
Land Transfer Tax Fee
$7,255

Condo/Maintenance Fee

Maintenance Fee
$756 /month

Included In Maintenance Fee

  • Common Elements Included
  • Parking Included
  • Building Insurance Included

Rental Items

Rental Equipment
Water softener $26.5/ Month

Basement Type
Partially Finished

Interior Features

Pets Permitted
No
Laundry Features
In-Suite Laundry
Interior Extras
Water Softener, Water Heater
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
None

Building

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

Construction

Exposure
South
Exterior Finish
Brick
Special Designation
Other

Inclusions

Inclusions
Maintenance fee covers building repairs, roofs, water, grass cutting, snow & garbage removal and one secure underground parking.

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Owned
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
4
Kitchens
1
Family / bonus room
Yes

Washrooms

  • 2-piece, Ground
  • 4-piece, Second
  • 4-piece, Second
  • 3-piece, Basement

Municipality
Waterloo
Neighbourhood
Downtown Waterloo
Main cross streets
Waterloo University/ Weber St

MLS® number
X11241886
Data source
Toronto Regional Real Estate Board
Status change
2025-02-10
Listed on
2024-11-26
Days on market
76 days
Possession date
2024-12-02
Possession type
December 2, 2024
Co-op commission
2.25%
Seller
Listed by
SKYLAND REALTY INC.

Home Market Value

Current home valuation for Unit 72, 121 University Avenue, Waterloo, Downtown Waterloo, Waterloo, ON. Listed for $539,000

HOMEH Estimate

?

$391,105

Estimated Sales Range

?

$308,973 - $473,237

HOMEH Estimate for Unit 72, 121 University Avenue, Waterloo, Downtown Waterloo

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

$391,105Medium confidence
Based on 3 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Waterloo, ON
Minimum Down Payment Required:5.4%

5% on first $500K + 10% on $39,000 over $500K

Minimum down payment

$28,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$20,396$15,038$12,828$0
=Total mortgage
$530,290$500,138$470,978$431,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,589monthly$2,442monthly$2,300monthly$2,105monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$7,255

Total Land Transfer Tax

$7,255

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0/100Minimal Transit
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