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Marlene Boyle

marlene@boyleteam.ca +1(905) 926-5554

$ 479,900

Est. payment -/mo

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Active

121 University AVE E #9 Waterloo, ON N2J 4J1

5 Beds

3 Baths

UPDATED:

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

Province 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/

Listed by ROYAL LEPAGE WOLLE REALTY

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Contact Us

+1(905) 926-5554

marlene@boyleteam.ca