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For Sale

121 University Avenue E 102 #102

Waterloo, ON
$429,000
3Bd
3Ba
1,500+sqft
1Parking
$286/sqft
Condo TownMLS# X13429710Listed 2026-06-1133 DOM
Heating
Water Heater Owned
Cooling
Central Air
Basement
Finished

On the market for 33 days — longer than average. The seller may be open to negotiation.

About this home

Spacious house located in a green, quiet neighborhood within walking distance of Conestoga College, Wilfrid Laurier University, and the University of Waterloo. The house offers over 2,100 sq. ft. of total living space with 3 bedrooms and 2.5 bathrooms. Located in a high rental demand area, there is the potential to convert the layout into 5 bedrooms to generate over $3,500 a month-ideal for both investors and families. The upper level features three generous bedrooms, including a master suite with an en-suite and walk-in closet. The basement offers two additional rooms, perfect for use as recreation spaces or a home gym. Outside, the home boasts a large, fenced, private backyard with direct access to a greenbelt. With over $25,000 in recent upgrades-including carpet-free flooring, new plumbing, improved insulation, and fresh paint-this home is move-in ready and energy-efficient. Enjoy being within walking distance to Bridgeport Plaza (Walmart, Sobeys) and having quick access to Highway 85. Condo fees include water, insurance, one surface parking space, and exterior maintenance (roof, windows, doors, landscaping, and snow removal). Additional underground parking is available for rent.

Rooms

Second Floor
Bedroom 210.11 × 14.30 m
Bedroom 211.30 × 10.00 m
Primary Bedroom10.11 × 15.30 m
Basement
Other10.11 × 13.10 m
Other10.11 × 16.60 m
Utility Room11.30 × 24.90 m
Other
Living Room10.11 × 17.90 m
Dining Room10.11 × 12.00 m
Kitchen11.30 × 12.30 m

Features

  • Carpet Free
  • Water Heater Owned
  • Finished
  • Central Air
  • 2-Storey

Financials

Annual Taxes
$3,206

Estimated Rental Income

Entire property$3,200 – $4,200/mo
Rental yield9.0% – 11.7%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Waterloo

Days on market33 days
Buyer's MarketSeller's Market

Based on active listings in Waterloo. Data updates daily.

Our estimate for this home

Priced 27.5% below estimate
Estimated range
$547K$636K
Mid-point $591K · ~$394/sqft
How this listing compares
$547KList · $429K$636K
High confidence·Based on 58 waterloo comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$429,000
121 University Avenue E 102, Waterloo
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