Was listed for:Expired Aug 31, 2025
$799,900

147 University Avenue E

Waterloo (Lincoln Heights), ON N2J 2W4

Detached House ExpiredNot available

Property not available for sale or for rent.

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Sale & Price History for 147 University Avenue E, Waterloo, Lincoln Heights

2025-05-29
2025-08-31
Expired
Price
Login to See Prices
MLS#
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.

$844,511Low confidence
Based on 8 comparable properties
− $44,611 (5%) below our estimate — Good deal!
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

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Waterloo, ON
Minimum Down Payment Required:6.9%

5% on first $500K + 10% on $299,900 over $500K

Minimum down payment

$54,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
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%
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%
$
+CMHC insurance
$29,788$22,317$19,038$0
=Total mortgage
$774,495$742,227$698,953$639,920
Amortization
Mortgage rate
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%
%
%
Payment frequency
=Mortgage payment
$3,781monthly$3,624monthly$3,413monthly$3,124monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$12,473

Total Land Transfer Tax

$12,473

Around this home

8/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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