121 University Ave E #101 is a 3-bedroom, 2-bathroom condo townhouse in Waterloo, listed for $419,900. It has 1400-1599 sq ft of living space.
1The fully renovated kitchen (2022) features maple cabinetry, tiled floors & plenty of prep & storage space.
2Except for the entrance, kitchen & basement, the entire home features updated wall-to-wall carpeting (2023).
3The partially finished basement includes a sizeable recreation room & laundry facilities, with lots of room left for future customization & personal touches.
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!
3 bedrooms, 2 bathrooms, about 1,400 sq ft, works out to roughly $300 per square foot. Chat with Zara if you'd like a deeper read on whether this condo townhouse fits your budget and timing.
Inside 121 University Ave E #101
Every detail from the listing, in one place.
Type
Condo Townhouse
Style
2-Storey
Living space
1400-1599 sq ftas stated on the listing
Parking
1 space
Basement
Full, Partially Finished
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
Full · Partially Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Condo Townhouse
121 University Ave E #101 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13763314$419,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 121 University Ave E #101 Compares to the Waterloo Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
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An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,063
/mo
based on the purchase price of $419,900
$83,980 cash
$335,920 financed
$282,933 total interest
Principal54%$335,920
Interest46%$282,933
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Waterloo
Other 2–4 bed homes for sale in Waterloo around $420K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio100.0%On average, homes sold at or above asking.
Active listings408Homes for sale here right now.
Median vs prior 90 days−4.2%Compared with Apr 29 – Jul 28, 2026: prices down.
Based on 439 sales from Jul 28 – Oct 26, 2026 (305 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
121 University Ave E #101 is listed at $419,900 (MLS® X13763314). Summitly updates the price as soon as the MLS® record changes.
Is $419,900 a good price for 121 University Ave E #101?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Waterloo. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 121 University Ave E #101 changed?
No — 121 University Ave E #101 is still listed at its original asking price of $419,900.
How many bedrooms and bathrooms does 121 University Ave E #101 have?
121 University Ave E #101 has 3 bedrooms and 2 bathrooms, with about 1,400–1,599 square feet of living space. It is a condo townhouse in Waterloo.
Is 121 University Ave E #101 close to transit?
The nearest rapid-transit station is Waterloo Public Square Station (ION), about 1.6 km (about a 20-minute walk) in a straight line. Willis Way Station is about 1.8 km (about a 22-minute walk), and Laurier - Waterloo Park Station is about 1.8 km (about a 22-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 121 University Ave E #101?
About $2,063 a month — principal and interest on $419,900 with 20% down ($83,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 121 University Ave E #101 compare with other homes in Waterloo?
Its asking price of $419,900 is about 39% below the median sold price in Waterloo over the last 90 days, $685,000, across 439 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 121 University Ave E #101 been sold before?
Summitly has no earlier MLS® sale or lease of 121 University Ave E #101 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 121 University Ave E #101?
121 University Ave E #101 is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 121 University Ave E #101 been on the market?
47 days — 121 University Ave E #101 was listed on September 9, 2026.
What is the price per square foot of 121 University Ave E #101?
About $263 to $300 per square foot: the asking price of $419,900 over the 1,400–1,599 sq ft the listing gives as its size range.
Does 121 University Ave E #101 have parking or a garage?