121 UNIVERSITY Avenue E Unit# 22

About this home.

Welcome to Village on the Green, a well-established Waterloo community known for its mature trees, peaceful park-like setting, and rare blend of space, privacy, and convenience. Offering over 2,100 sq ft of total living space, this 4-bedroom, 2.5-bathroom end-unit townhome provides excellent flexibility for families, investors, or parents seeking housing near the universities. The functional multi-level layout features separate living and dining areas with great flow for everyday living and entertaining. The main living space is bright and welcoming with walkout access to the outdoor area, while the main floor bedroom works perfectly as a home office, guest room, or additional living space. Upstairs are three spacious bedrooms, including a large primary suite with walk-in closet and private ensuite, plus a separate family bathroom. The partially finished lower level offers additional recreation space, laundry, and plenty of storage, making the home highly practical for growing families or shared living arrangements. With $25,000 in recent updates, the home is clean, well-maintained, and move-in ready. Vacant possession with quick closing available. The layout supports strong rental potential with estimated income of approximately $3,600/month in a consistently high-demand location. Conveniently located: 2 minutes to the expressway 5 minutes or less to University of Waterloo, Wilfrid Laurier University, and Uptown Waterloo Directly across from Conestoga College Waterloo campus, close to transit, shopping, restaurants, parks, and walking trails1 owned underground parking space included, with additional parking available to rent ($50/month underground, $35/month surface). Condo fees include exterior maintenance, windows, and doors, offering a low-maintenance ownership experience in a highly desirable Waterloo neighbourhood. (id:59491)

The full record.

How this listing prices against Glenridge/Lincoln Heights.

Glenridge/Lincoln Heights posted 10 sales and 31 active listings, giving buyers a fair amount of choice in a market that leaned softer than Waterloo overall. The average price came in at $622,880, well below the city average, while homes took nearly 35 days to sell and closed at 92.29% of list, showing more negotiation than most Waterloo neighbourhoods. Activity was split between 6 freeholds and 4 condos, and the price gap between those segments is wide enough to make this one of the more mixed markets in the city right now. Overall, this looks like a value-oriented area where pricing discipline matters.

Estimate the monthly carry.