Location, Location, Location! This is the great investment property with rental license for 5 bedroom close to the University of Waterloo, Laurier University and Conestoga College. Big size Townhouse, very clean and warm atmosphere - 2 beds on the main floor, with Kitchen and a 2-piece bathroom, can use the bathroom (3-Piece) in the basement; Second floor 2 beds with 4-Piece bathroom, one master bedroom with a 4-piece Ensuite; family room and laundry in the basement, with a 3-piece bathroom; one parking on the drive way. Good location, close to the highway, the schools, and all amenities, convenient for a student residence, current rent is around $3500-$3600/Month, and the expenses is roughly $1000-$1200/M - ideal investment property, a must - See House!!!
Sold for $452,000 on 09/25/25
C$452,000
121 University Ave E #83, Waterloo, ON N2J 4J1
5beds
1,502sqft
Row/Townhouse, Residential, Condominium
Built in 1974
-- sqft lot
$-- Zestimate®
C$301/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 24, 2025 at 09:21pm
Listed by:
Ying Susan Jiang, Broker,
Royal LePage Peaceland Realty
Source: ITSO,MLS®#: 40739401Originating MLS®#: Cornerstone Association of REALTORS®
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Bedroom
- Description: no furniture
- Level: Main
Bedroom
- Description: Bed+Desk+chair+Wardrobe
- Level: Main
Bedroom
- Description: Bed+Desk+Chair+Drawers
- Level: Second
Bedroom
- Description: Bed+Book Shelves
- Level: Second
Other
- Description: Occupied, not available.
- Level: Second
Bathroom
- Features: 4-Piece
- Level: Second
Bathroom
- Features: 2-Piece
- Level: Main
Bathroom
- Features: 3-Piece
- Level: Basement
Other
- Description: occupied, not available
- Features: 3-Piece
- Level: Second
Other
- Level: Main
Laundry
- Level: Basement
Recreation room
- Level: Basement
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Water Softener, Dishwasher, Dryer, Refrigerator, Stove, Washer
- Laundry: In Basement, In-Suite
Features
- Basement: Full,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 1,502
- Total interior livable area: 1,502 sqft
- Finished area above ground: 1,502
Property
Parking
- Total spaces: 1
- Parking features: Asphalt, Private Drive Single Wide, Guest
- Uncovered spaces: 1
Features
- Frontage type: East
- Frontage length: 0.00
Lot
- Features: Urban, Rectangular, Highway Access, Park, Public Transit, School Bus Route, Schools
Details
- Parcel number: 230230083
- Zoning: R1
Construction
Type & style
- Home type: Townhouse
- Architectural style: Two Story
- Property subtype: Row/Townhouse, Residential, Condominium
- Attached to another structure: Yes
Materials
- Aluminum Siding, Brick, Vinyl Siding
- Foundation: Poured Concrete
- Roof: Asphalt, Asphalt Shing
Condition
- 51-99 Years
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
Community & neighborhood
Location
- Region: Waterloo
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: C$756 monthly
- Amenities included: Parking