Re-listed 7 days ago

121 University Ave #9, Waterloo, Ontario N2J 4J1

Condo
5
3
~1400-1599 sqft
$•••,•••
$479,900
Get pre-qualifiedPowered by nesto
Buy with Wahi to get
Up to
$2,400Cashback
Condo
5
3
~1400-1599 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market7 days

Total days on market
121 days

Estimated valueNot available

Price/Sqft$321/sqft

Monthly cost

Open Calculator

CMA Subject Property

Curious about what homes are selling for in this area?

Get a report on comparable homes with helpful insights and trends.

+1

Properties sold*

$300K

Median sold price*

*Based on last 30 days

Description

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.


Property Details

Style2-Storey
View-
Age of property51-99
SqFt~1400-1599 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12243511
Community NameWillowdale
Data SourceTRREB
Listing byROYAL LEPAGE WOLLE REALTY

Features

Heating: Forced Air
Cooling: Central Air
Basement: Part Fin

Ground Floor

Bathroom

1.27 x 1.3

2 Pc Bath

Kitchen

5.82 x 3.35

5th Br

3.33 x 3.4

4th Br

3.4 x 4.85


Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


1Story
Amenities

Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Market Data - Willowdale

Geo Zone Map ThumbnailWillowdale

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

11 days

Compared to

2024

22 days

2023

19 days

2022

25 days

New Listings

Past 30 days

4 listings

Compared to

2024

9 listings

2023

1 listing

2022

4 listings

Units sold

Past 30 days

1 unit

Compared to

2024

1 unit

2023

2 units

2022

2 units

Median Sold Price

Past 30 days

$595,000

Compared to

2024

$299,900

2023

$386,000

2022

$522,500


Population and Demographics

Overview

Total population 6301
Average household income $119,515

Age (%)

0 to 19
19%
20 to 34
27%
35 to 49
18%
50 to 64
18%
65 and plus
19%

Household composition (%)

Single family
60%
Single person
32%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
86%
Others
5%
German
2%
Spanish
2%
Mandarin
2%
Arabic
2%

House tenancy (%)

Owners
66%
Renters
34%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget