121 University Avenue, Unit 79, Waterloo, ON
Property no longer active
This property was sold on May 7, 2025. This listing is for reference purposes only. to view the sold price.
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 $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.
- 6 Bedrooms and 3 Bathrooms
- Generous living space spanning 1400-1599 sqft
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Carpet Free, Storage, Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Beautiful Legally Licensed 5 Bedroom Rental Unit With The City of Waterloo. This Spacious End Unit Townhome Has 5 Large Bedrooms And 3 Beautiful Washrooms. This Home Has Been Completely Renovated Top to Bottom With The Owner Spending Over $100k In Upgrades. From Freshly Changed Flooring To New Paint There Has Been Nothing Left To Improve. This Home Is the Perfect Opportunity For New or Seasoned Investors. This Unit Is Across the Street From Conestoga College, 5 Minute Walk to Wilfred Laurier University, & 5 Minute Bus Ride To University Of Waterloo. The Parking Spot Is In the Driveway For Added Convenience. This Unit Has Impressive Rental Opportunities And Is Ready For Its New Owners. The Maintenance Fee Covers Building Repairs, Roof Maintenance, Water, Grass Cutting, Snow Removal, Garbage Collection, And The Parking Spot Maintenance.
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Property Summary
This townhouse located at 121 University Avenue, Waterloo is currently for sale and has been available on SousaSells for 465 days. This property is listed at $399,999 with an estimated mortgage of $1,331* per month. It has 6 beds, 3 bathrooms, and is 1400-1599 square feet. 121 University Avenue, Waterloo
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Parking & Garage
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Interior Features
Carpet Free, Storage, Water Heater, Water Softener
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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 79, Waterloo, ON N2J 2W1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Waterloo, ON
For a property listed at $399,999 in Waterloo, the legal minimum down payment is $20,000 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 $4,475 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 $4,475.
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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.