Located just minutes from the university, this well-maintained 4-bedroom, 4-bathroom end-unit townhouse condo is the perfect investment for parent investors seeking a steady cash flow. The property offers maximum comfort and privacy for student tenants. Nestled in a quiet, peaceful setting, the condo is a sanctuary away from the hustle and bustle of campus life, while still being conveniently close to all the university amenities. This balance of tranquility and accessibility makes it an ideal living space for students and a smart choice for investors looking for long-term rental income. Turnkey operation. Very profitable units. Check Supplements for the numbers.
Sold for $492,500 on 08/29/25
C$492,500
121 University Ave E #103, Waterloo, ON N2J 4J1
4beds
1,560sqft
Row/Townhouse, Residential, Condominium
Built in 1974
-- sqft lot
$-- Zestimate®
C$316/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: August 28, 2025 at 09:24pm
Listed by:
Tunde Abiodun, Broker,
HomeLife Power Realty Inc.
Source: ITSO,MLS®#: 40725913Originating MLS®#: Cornerstone Association of REALTORS®
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Other
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Main
Bathroom
- Features: 2-Piece
- Level: Main
Bathroom
- Features: 4-Piece
- Level: Second
Bathroom
- Features: 4-Piece
- Level: Second
Bathroom
- Description: 3 piece bathroom
- Features: 3-Piece
- Level: Basement
Dining room
- Level: Main
Kitchen
- Level: Main
Laundry
- Description: LAUNDRY & BATHROOM
- Features: 3-Piece
- Level: Basement
Living room
- Level: Main
Recreation room
- Level: Basement
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Water Softener, Dishwasher, Dryer, Stove, Washer
- Laundry: In-Suite
Features
- Windows: Window Coverings
- Basement: Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 2,279
- Total interior livable area: 1,560 sqft
- Finished area above ground: 1,560
- Finished area below ground: 719
Property
Parking
- Total spaces: 1
- Parking features: Outside/Surface/Open
- Uncovered spaces: 1
Features
- Frontage type: East
Lot
- Features: Urban, City Lot, Highway Access, Park, Public Parking, Quiet Area, School Bus Route, Schools, Shopping Nearby
Details
- Parcel number: 230230103
- Zoning: RMU 20
Construction
Type & style
- Home type: Townhouse
- Architectural style: Two Story
- Property subtype: Row/Townhouse, Residential, Condominium
- Attached to another structure: Yes
Materials
- Brick, Vinyl Siding
- Foundation: Poured Concrete
- Roof: Asphalt Shing
Condition
- 51-99 Years
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal-Metered
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Waterloo
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: C$757 monthly
- Amenities included: Parking
- Services included: Association Fee, Insurance, Building Maintenance, Common Elements, Maintenance Grounds, Property Management Fees, Snow Removal, Water