121 University Avenue, Waterloo, ON

$399,999
MLS#:X12324001
5 beds
3 baths
1400-1599 sqft
1.0 parking
Residential Condo & Other
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] condo townhouse located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick veneer and vinyl siding construction, this residence presents an exceptional opportunity offered at $399,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1400-1599 sqft
  • Features a ["full", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Water Heater Owned, Water Softener
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

LOCATION, LOCATION, LOCATION! PRICED TO SELL! Bright & Spacious End Unit Townhome in Prime Waterloo complex! VACANT, quick or flexible closing available! Just minutes from multiple schools (University of Waterloo, Laurier University and Conestoga College) and ideally located in a family-friendly setting, this updated 5-bedroom, 3-bathroom end-unit townhouse offers exceptional value and versatility. Whether you're a parent investing in your child's future, a homeowner looking for a spacious unit full of potential, or an investor seeking reliable rental income, this home delivers space, comfort, and convenience in equal measure. Boasting over 2,300 square feet total (including basement), this well-maintained, move-in-ready unit features a modern layout with large updated windows that flood the home with natural light. Updated bathrooms and a renovated basement are just a few of the key features. The massive primary bedroom includes a private ensuite and a large walk-in closet, while the fully finished basement offers a stylish rec room with new flooring, updated paint, and ample storage, including in-unit laundry. Enjoy the privacy of this end unit, along with a fully fenced backyard featuring new, low-maintenance patio stones, perfect for outdoor living. This property includes an underground parking space, and condo fees cover water, building insurance, garbage pickup, snow removal, parking, and exterior maintenance, making it a turnkey, worry-free ownership experience. Location is key: Steps from Conestoga College Waterloo Campus, a couple of blocks from Wilfrid Laurier University (WLU), steps to public transit, quick access to the University of Waterloo, Waterloo Park, Uptown Waterloo, and extensive trail systems. With a smart balance of accessibility and tranquillity, this condo is ideal for students, families, or investors. Highly profitable as a rental and flexible for immediate occupancy - this is a rare opportunity you won't want to miss.

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Living Area
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 8, 2025
Sold price information is available to members only
Listed Date8/5/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
ConstructionBrick Veneer, Vinyl Siding
CountyWaterloo
Annual Tax$3,277.26

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Greenbelt/Conservation, Fenced Yard, River/Stream, Public Transit, School

Community Features

Location

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121 University Avenue, Waterloo, ON

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 121 University Avenue E 16, Waterloo, ON N2J 4J1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$319,999.2
Monthly Mortgage$1,859
Property Tax (Est.)$273
Utilities & Maint.$350
Total Monthly Cost$2,482

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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No current listings found in Waterloo.