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$459,900
Available - For Sale
Listing ID: X12243511
121 University Aven East , Waterloo, N2J 4J1, Waterloo


RemarksPublic: $46,200 Annual Gross Income Available Here! This well-updated, modernized, spacious (1500+ SF), rental licensed, City-approved money maker beckons for your immediate attention! This solid construction five bedroom townhome is located in Waterloo's prime rental areas comes to you fullly rented! Updates abound: modernized, white gloss IKEA kitchen cabinets mated to butcher block countertop with subway tile, oversized tile flooring on main floor, mostly newer plumbing fixtures - sinks and toilets - throughout. Furnace (2023). Freshly painted in a contemporary, neutral palette. Updated main bath. Finished rec room with vinyl plank flooring, pot lighting and tongue and groove wood ceiling. Massive primary bedroom with ensuite and walk in closet. Underground parking spot. Note that the townhome is solid, cement (not frame) construction - the same construction as university residences. Condo fees of $756.42 per month include water, insurance, landscaping/snow removal, private garbage removal, parking as well as exterior maintenance. Turn key, worry-free condo living. Located almost across the street from Conestoga College, a 5 minute bike ride on trail system to Uptown Waterloo and its ameneties, a couple blocks from WLU, and a quick scooter ride to Waterloo Park and University of Waterloo, this is an ideal opportunity for investor looking for foothold into lucrative Waterloo student housing market or parent looking for a home away from home for their university bound child. Investor work sheet available to show how this property can work for you! Flexible possession available. There is a lot to love here.
Price $459,900
Taxes: $3079.00
Assessment Year: 2025
Occupancy: Tenant
Address: 121 University Aven East , Waterloo, N2J 4J1, Waterloo
Postal Code: N2J 4J1
Province/State: Waterloo
Directions/Cross Streets: Marsland Drive and University Avenue East
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Ground Kitchen 19.09 10.99
Room 2 Ground Bedroom 5 10.92 11.15
Room 3 Ground Bedroom 4 11.15 15.91
Room 4 Ground Bathroom 4.17 4.26 2 Pc Bath
Room 5 Second Bedroom 3 12.07 10.99
Room 6 Second Bedroom 2 11.15 8.59
Room 7 Second Primary B 16.07 11.41
Room 8 Second Bathroom 7.41 4.92 4 Pc Bath
Room 9 Second Bathroom 7.41 5.25
Room 10 Basement Recreatio 12.33 18.56
Washroom Type No. of Pieces Level
Washroom Type 1 2 Ground
Washroom Type 2 4 Second
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 2 Ground
Washroom Type 7 4 Second
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Total Area: 0.00
Approximatly Age: 51-99
Sprinklers: Smok
Washrooms: 3
Heat Type: Forced Air
Central Air Conditioning: Central Air
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE WOLLE REALTY
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At a Glance:
Type: Com - Condo Townhouse
Area: Waterloo
Municipality: Waterloo
Neighbourhood: Dufferin Grove
Style: 2-Storey
Lot Size: x 0.00()
Approximate Age: 51-99
Tax: $3,079
Maintenance Fee: $756.42
Beds: 5
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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