121 University AVE E #9 Active Save Request In-Person Tour Request Virtual Tour
Waterloo,ON N2J 4J1
Key Details
Property Type Townhouse
Sub Type Condo Townhouse
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1400-1599
MLS Listing ID X12243511
Style 2-Storey
Bedrooms 5
HOA Fees $756
Building Age 51-99
Annual Tax Amount $3,079
Tax Year 2025
Property Sub-Type Condo Townhouse
Property 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.
Location
State ON
County Waterloo
Area Waterloo
Rooms
Family Room No
Basement Partially Finished
Kitchen 1
Interior
Interior Features None
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Underground
Garage Spaces 1.0
Roof Type Asphalt Shingle
Exposure South
Total Parking Spaces 1
Balcony None
Building
Story 1
Unit Features Public Transit,School
Foundation Concrete
Locker None
Others
Security Features Smoke Detector
Pets Allowed Restricted
Virtual Tour https://unbranded.youriguide.com/9_121_university_avenue_east_waterloo_on/