121 University Avenue, Unit 101, Waterloo, ON

$449,000
MLS#:X13719570
3 beds
3 baths
1400-1599 sqft
1.0 parking
Residential Condo & Other
Loading property media...
Added:Aug 27, 2026(1 day ago)
Updated:Aug 27, 2026(1 day ago)
Last Checked:7 minutes ago

Property Highlights

Welcome to this remarkable 2-Storey condo townhouse located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $449,000 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.

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

Description

Welcome to 121 University Avenue East Unit 101, Waterloo! An ideal opportunity for first-time buyers, investors, or parents of students, this beautifully maintained townhouse is located directly across from Conestoga College's Waterloo campus & just a short walk to the University of Waterloo & Wilfrid Laurier University. With its prime location, this home truly checks all the boxes. Step Inside, you'll be welcomed by a freshly painted interior & a spacious main floor that has been thoughtfully updated. The fully renovated kitchen (2022) features maple cabinetry, tiled floors & plenty of prep & storage space. The adjoining dining area is perfect for family dinners or gatherings with friends. A bright & airy living room offers plenty of space to relax & provides direct walkout access to a large private patio where you can enjoy your morning coffee or summer BBQs. The powder room on this level has also been tastefully updated 2023. Except for the entrance, kitchen & basement, the entire home features updated wall-to-wall carpeting (2023). Upstairs, you'll find 3 generous bedrooms with The primary suite comes complete with a walk-in closet & a fully renovated 4pc ensuite bath (2024), while the other two bedrooms share another renovated full bathroom (2024). The partially finished basement includes a sizeable recreation room & laundry facilities, with lots of room left for future customization & personal touches. With its flexible layout, there is also potential to convert part of the area into additional bedrooms while still keeping a large recreation space. Additional highlights include a new water softener (2024), one parking spot included with lots of visitor parking. The location is unbeatable, close to bus routes, shopping, restaurants, entertainment & just minutes from major highways. Whether you're looking for a comfortable family home, a smart investment or student housing close to campus, this property offers it all. Book your showing today & make it yours!

Work with the SOUSA TEAM to unlock your . If we are unable to negotiate your purchase price below asking, we'll rebate you up to $10,000!*

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This townhouse located at 121 University Avenue, Waterloo is currently for sale and has been available on SousaSells for 1 day. This property is listed at $449,000 with an estimated mortgage of $1,495* per month. It has 3 beds, 3 bathrooms, and is 1400-1599 square feet. 121 University Avenue, Waterloo

Work with the SOUSA TEAM to unlock your .

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Waterloo.

Highly Recommended for Families
What We Love About This Home
  • •3 spacious bedroom layout offering versatile living space
  • •3 well-appointed bathrooms
  • •1400-1599 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Waterloo.

Target Buyer Match

Key Features

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

Additional Details

StatusActive
AddedAug 27, 2026 (1 day ago)
UpdatedAug 27, 2026 (1 day ago)
Last Checked7 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style2-Storey
ConstructionBrick
BasementFull, Partially Finished
CountyWaterloo
Annual Tax$3,447.79

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Water Heater
  • Water Softener

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 121 University Avenue, Unit 101, Waterloo, ON

Q.What is the asking price for 121 University Avenue, Unit 101, Waterloo, ON ?

The current listing price for 121 University Avenue, Unit 101, Waterloo, ON in Waterloo is $449,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 3 bathrooms across approximately 1400-1599 sqft.

Q.What property type and architectural style is 121 University Avenue, Unit 101, Waterloo, ON ?

121 University Avenue, Unit 101, Waterloo, ON is a Condo Townhouse (2-Storey) featuring a Full, Partially Finished basement.

Q.What interior features are included in this home?

Interior highlights include: Water Heater, Water Softener.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Virtual Tour & 3D Walkthrough

Virtual 360° Walkthrough & Live Video Tour

Request a live agent video tour or get 3D virtual walkthrough access for 121 University Avenue, Unit 101, Waterloo, ON .

Location

Initializing map...
121 University Avenue, Unit 101, Waterloo, ON

Google Street View

Open in Google Maps
Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Waterloo, Waterloo

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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 101, Waterloo, ON N2J 4J1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Waterloo.

Configure Loan Settings

Interest Rate4.00%
Down Payment$134,700 (30.0%)
* Minimum Canadian down payment required for this price is $22,450.
Amortization Period30 Years
Estimated Monthly Payment$1,495Based on a loan of $314,300 over 30 years.
Purchase Price$449,000
Loan Amount$314,300
Provincial Land Transfer Tax:$5,455
Total Estimated Closing Taxes:$5,455

About Purchasing a Home in Waterloo, ON

For a property listed at $449,000 in Waterloo, the legal minimum down payment is $22,450 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,455 for this transaction. As this listing is in Waterloo (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,455.

Waterloo Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterloo.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$864,746

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Best Schools in Waterloo

Elementary Schools

L'Harmonie
Public158 Bridgeport Road East, Waterloo, Ontario, N2J 2K4
6.5
Elizabeth Ziegler
Public90 Moore Avenue South, Waterloo, Ontario, N2J 1X2
6.3
Winston Churchill
Public100 Milford Avenue, Waterloo, Ontario, N2L 3Z3
5.5
Our Lady of Lourdes
Public55 Roslin Avenue South, Waterloo, Ontario, N2L 6N5
5.0
Mère-Élisabeth-Bruyère
Public280 Glenridge Drive, Waterloo, Ontario, N2J 3W4
6.8

Secondary Schools

St. David
Catholic4 High Street, Waterloo, Ontario, N2L 3X5
8.0
Bluevale
Public80 Bluevale Street North, Waterloo, Ontario, N2J 3R5
7.0

Waterloo Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

Similar Active Listings in Waterloo

Compare prices, square footage, and school zones for similar Residential Condo & Other nearby

All Waterloo Homes
Residential Condo & Other for sale - 3 Bed, 3 Bath Home at 121 University Avenue Waterloo ON listed at $349,000 (MLS# X13719142)
Open House
$349,000
3bd
3ba
1kt
Residential Condo & Other

121 University Avenue, Unit 80, Waterloo

đź“…Open House:Aug 29 2:00 PM
Aug 27, 2026
DOM: 2

Welcome to Waterloo's mature "Village on the Green" enclave. Offering over 1,500 square feet of fini...

MLS#: X13719142
For Sale
Residential Condo & Other for sale - 3 Bed, 2 Bath Home at 975 Strasburg Road Waterloo ON listed at $475,000 (MLS# X13717436)
Open House
$475,000
3bd
2ba
1kt
Residential Condo & Other

975 Strasburg Road, Unit 21B, Waterloo

đź“…Open House:Aug 30 2:00 PM
Aug 27, 2026
DOM: 2

Stunning move-in ready townhome at 975 Strasburg Road! Welcome to Unit 21B, an immaculate3-bedroom, ...

MLS#: X13717436
For Sale
Residential Condo & Other for sale - 3 Bed, 2 Bath Home at 589 Beechwood Drive Waterloo ON listed at $545,000 (MLS# X13718500)
Added 2 days ago
$545,000
3bd
2ba
1kt
Residential Condo & Other

589 Beechwood Drive, Unit 43, Waterloo

Aug 26, 2026
DOM: 3

Offered for Sale, an opportunity to enjoy the condo lifestyle in one of Waterloo's most desirable ne...

MLS#: X13718500
For Sale
Residential Condo & Other for sale - 3 Bed, 2 Bath Home at 513 Quiet Place Waterloo ON listed at $405,000 (MLS# X13712024)
Added 3 days ago
$405,000
3bd
2ba
1kt
Residential Condo & Other

513 Quiet Place, Unit 3, Waterloo

Aug 25, 2026
DOM: 4

Welcome to 513 Quiet Place, Unit 3, a beautifully maintained, move-in ready townhome located at the ...

MLS#: X13712024
For Sale