
147 University Avenue E
Waterloo (Lincoln Heights), ON N2J 2W4
- 3+3Bedrooms
- 2Bathrooms
- 6Garage
- 1100–1500Sq Ft
- $4,530Tax
- 63×100 ftLot Size
- Estimated Value:$844,511See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 147 University Avenue E, Waterloo, Lincoln Heights
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-05-29 | 2025-08-31 | Login to See Prices | Expired | x12184311 |
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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 147 University Avenue E, Waterloo, Lincoln Heights
Fully Furnished Legal Duplex in Prime Waterloo Location Ideal for Investors or First-Time Buyers, a meticulously maintained legal duplex offering exceptional value in the heart of Waterloo. Situated just minutes from Wilfrid Laurier University, Conestoga College, and Highway 85, this property is perfectly positioned for both investors and first-time homebuyers seeking a blend of comfort and convenience...Key Features---6 Spacious Bedrooms:-Three bedrooms on the main floor and three in the legal lower-level suite, providing ample space for tenants or extended family.2 Full Bathrooms:- One on each level, ensuring comfort and privacy for all occupants. Fully Furnished: - Move-in ready with quality furnishings, eliminating the hassle of setup. Legal Lower-Level Suite: - Offers potential to add a second kitchen, enhancing rental income opportunities. Recent Upgrades: - $$$ invested in enhancements, including Furnace and Air Conditioning unit, a new laundry system, upgraded bathrooms, and more. Parking for 6 Vehicles: Private driveway accommodating multiple cars, a rare find in this area. Potential Rental Income: Making it a lucrative investment as it has licensed rental units. Zoning: - Located in an area with RMU-20 zoning, offering future development possibilities...Lot Size: - Generous 63 ft frontage with a depth of 100 ft, totaling 7610 sqft including lot irregularities, providing ample outdoor space. Utilities: - Equipped with forced air heating, central air conditioning, and municipal water and sewage services. Community Amenities: - Close proximity to parks, schools, shopping centers, and public transit routes. This property not only offers immediate rental income but also holds potential for future development, making it a versatile addition to any real estate portfolio or for First Time Buyer. Don't miss out on this exceptional opportunity in a sought-after Waterloo neighborhood. Some photos are virtually staged.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,530
- Land Transfer Tax Fee
- $12,473
Rental Items
- Rental Equipment
- Hot water Tank, Furnace and Air conditioning.
- Under Contract
- Hot Water Tank-Gas
- Basement Type
- Apartment, Separate Entrance
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- In-Law Capability, Carpet Free, In-Law Suite, Primary Bedroom - Main Floor
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- Bungalow
Construction
- Exterior Finish
- Brick, Shingle
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 63.00 ft
- Lot Depth
- 100.00 ft
- Lot Size
- 7610
- Lot Shape
- Other
Inclusions
- Inclusions
- All ELF's, 2 Fridges, Stove, Washer & Dryer, Freezer, All rooms & Living room furniture, All window coverings.
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 6
- Parking Spaces
- 6
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Available
- Hydro
- Available
- Cable
- Available
- Telephone
- Available
- Bedrooms
- 3 + 3
- Washrooms
- 2
- Kitchens
- 1
Room sizes
- Bedroom—Main level
- Bedroom 2—Main level
- Bedroom 3—Main level
- Bedroom 4—Basement level
- Bedroom 5—Basement level
- Bedroom—Basement level
- Kitchen—Main level
- Living Room—Basement level
Washrooms
- 4-piece, Main
- 4-piece, Basement
- Municipality
- Waterloo
- Neighbourhood
- Lincoln Heights
- Main cross streets
- University Ave and carter Ave
- Zoning
- RMU-20
- Directions
- At corner of University Ave and carter Ave
- Waterfront
- None
- MLS® number
- X12184311
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-08-31
- Listed on
- 2025-05-29
- Days on market
- 94 days
- Possession date
- 2025-07-01
- Possession type
- Flexible
- Co-op commission
- 2% + HST - $150
- Seller
- Listed by
- RISING STAR REALTY LTD.
Home Market Value
Current home valuation for 147 University Avenue E, Waterloo, Lincoln Heights, Waterloo, ON. Listed for $799,900
HOMEH Estimate
$844,511
Estimated Sales Range
$506,707 - $1,182,315
HOMEH Estimate for 147 University Avenue E, Waterloo, Lincoln Heights
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% on first $500K + 10% on $299,900 over $500K
$54,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $29,788 | $22,317 | $19,038 | $0 |
=Total mortgage | $774,495 | $742,227 | $698,953 | $639,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,781monthly | $3,624monthly | $3,413monthly | $3,124monthly |
Land Transfer Tax
$12,473
$12,473
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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