121 University Avenue E 101, Waterloo, ON N2J 4J1
Utilities includedWater
Also includedCommon Elements · Parking
- Maintenance fee
- $767 / month
- Property tax
- $3,448 / year
- Included in the fee
- Water, Common Elements, Parking
Welcome to 121 University Avenue East Unit 101, Waterloo! An ideal opportunity for first-time buyers, investors, or parents of students, this beautifully maintained townhouse is located directly across from Conestoga College's Waterloo campus & just a short walk to the University of Waterloo & Wilfrid Laurier University. With its prime location, this home truly checks all the boxes. Step Inside, you'll be welcomed by a freshly painted interior & a spacious main floor that has been thoughtfully updated. The fully renovated kitchen (2022) features maple cabinetry, tiled floors & plenty of prep & storage space. The adjoining dining area is perfect for family dinners or gatherings with friends. A bright & airy living room offers plenty of space to relax & provides direct walkout access to a large private patio where you can enjoy your morning coffee or summer BBQs. The powder room on this level has also been tastefully updated 2023. Except for the entrance, kitchen & basement, the entire home features updated wall-to-wall carpeting (2023). Upstairs, you'll find 3 generous bedrooms with The primary suite comes complete with a walk-in closet & a fully renovated 4pc ensuite bath (2024), while the other two bedrooms share another renovated full bathroom (2024). The partially finished basement includes a sizeable recreation room & laundry facilities, with lots of room left for future customization & personal touches. With its flexible layout, there is also potential to convert part of the area into additional bedrooms while still keeping a large recreation space. Additional highlights include a new water softener (2024), one parking spot included with lots of visitor parking. The location is unbeatable, close to bus routes, shopping, restaurants, entertainment & just minutes from major highways. Whether you're looking for a comfortable family home, a smart investment or student housing close to campus, this property offers it all. Book your showing today & make it yours!
- MLS number
- X13763314
- Type
- Condo Townhouse
- Status
- Active
- Bedrooms
- 3
- Bathrooms
- 3
- Postal code
- N2J 4J1
- Photos
- 42
- Included in the fee
- Water, Common Elements, Parking
This home has been listed 2 times in the last two years. "This property" adds up the days each of those listings was actually on the market before being withdrawn, suspended or expiring — the quiet months between them are not counted.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Condo Townhouse
- Style
- 2-Storey
- Class
- Residential Condo & Other
- Exposure
- East
- Municipality
- Waterloo
- Cross street
- University Ave E
Inside
- Bedrooms
- 3
- Bedrooms above grade
- 3
- Bathrooms
- 3
- Washrooms
- 1 on the main floor · 2 on the second floor
- Kitchens
- 1
- Rooms above grade
- 9
- Basement
- Full, Partially Finished
- Size
- 1400-1599
Building
- Construction
- Brick
Parking
- Covered spaces
- 0
- Driveway spaces
- 1
- Total parking
- 1
Heating, cooling and services
- Heating
- Forced Air
- Heat source
- Gas
- Cooling
- Central Air
Condominium
- Fee
- $767 / month
- Fee includes
- Water Included, Common Elements Included, Parking Included
- Pets
- Yes-with Restrictions
Features
- Interior
- Water Heater, Water Softener
Listing
- MLS number
- X13763314
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-09-09
- Expires
- 2026-11-30
- Taxes
- $3,448 (2026)
- Board
- Toronto Regional Real Estate Board
Listing history
This address has been listed 2 times.
Where this home is
Where this address sits, matched against open government data.
Matched to this street. The listing did not say which direction, and every candidate was in the same place.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| ÉÉC Mère-Élisabeth-Bruyère CS catholique MonAvenir | Elementary | 651 m | / 10 80% met the standard |
| Lincoln Heights Public School Waterloo Region DSB | Elementary | 693 m | / 10 64% met the standard |
| École élémentaire L'Harmonie CS Viamonde | Elementary | 1.0 km | / 10 83% met the standard |
| MacGregor Public School Waterloo Region DSB | Elementary | 1.2 km | Not reported |
| St David Catholic Secondary School Waterloo CDSB | Secondary | 1.2 km | / 10 82% met the standard · 2 of 6 measures |
| Waterloo Collegiate Institute Waterloo Region DSB | Secondary | 1.2 km | / 10 71% met the standard · 2 of 6 measures |
How the rating is calculated
EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.
Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.
What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.
Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.
H-Value
The market around this home
Condo Townhouses in Waterloo — 171 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.
How these are built, and what they cannot tell you
Each point is the median of the sales that closed in that quarter among condo townhouses in waterloo. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.
This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.
Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 577 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35300071 — the few blocks around this address, home to 577 people. It describes the area, not this property.
Percentages are of the 280 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
Monthly rent starts from the median of recent 3-bedroom leases in Waterloo. Change it to anything you like.
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.