121 University Avenue, Waterloo, ON

$539,000
MLS#:X11241886
5 beds
4 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 construction, this residence presents an exceptional opportunity offered at $539,000 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.

  • 5 Bedrooms and 4 Bathrooms
  • Generous living space spanning 1400-1599 sqft
  • Features a ["partially 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 Softener, Water Heater
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

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

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 10, 2025
Sold price information is available to members only
Listed Date11/26/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
ConstructionBrick
CountyWaterloo
Annual Tax$3,232.17

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

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

Features

Property Features

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 72, 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.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$431,200
Monthly Mortgage$2,505
Property Tax (Est.)$269
Utilities & Maint.$350
Total Monthly Cost$3,124

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Waterloo.

City & 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$782,891

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%

Local Schools Guide

Elementary Schools

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
Keatsway
Public323 Keats Way, Waterloo, Ontario, N2L 5V9
4.8
L'Harmonie
Public158 Bridgeport Road East, Waterloo, Ontario, N2J 2K4
6.5
Elizabeth Ziegler
Public90 Moore Avenue South, Waterloo, Ontario, N2J 1X2
6.3

Secondary Schools

St. David
Catholic4 High Street, Waterloo, Ontario, N2L 3X5
8.0
Kitchener Waterloo
Public787 King Street West, K-W Hospital, Kitchener, Ontario, N2G 1E3
7.4
Bluevale
Public80 Bluevale Street North, Waterloo, Ontario, N2J 3R5
7.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.

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.