121 UNIVERSITY Avenue E Unit# 102

About this home.

Spacious house located in a green, quiet neighborhood within walking distance of Conestoga College, Wilfrid Laurier University, and the University of Waterloo. The house offers over 2,100 sq. ft. of total living space with 3 bedrooms and 2.5 bathrooms. Located in a high rental demand area, there is the potential to convert the layout into 5 bedrooms to generate over $3,500 a month-ideal for both investors and families. The upper level features three generous bedrooms, including a master suite with an en-suite and walk-in closet. The basement offers two additional rooms, perfect for use as recreation spaces or a home gym. Outside, the home boasts a large, fenced, private backyard with direct access to a greenbelt. With over $25,000 in recent upgrades-including carpet-free flooring, new plumbing, improved insulation, and fresh paint-this home is move-in ready and energy-efficient. Enjoy being within walking distance to Bridgeport Plaza (Walmart, Sobeys) and having quick access to Highway 85. Condo fees include water, insurance, one surface parking space, and exterior maintenance (roof, windows, doors, landscaping, and snow removal). Additional underground parking is available for rent. (id:59491)

The full record.

How this listing prices against Lexington/Lincoln Village.

Lexington/Lincoln Village recorded 12 sales and 29 active listings, a moderate level of turnover with enough inventory to keep conditions balanced. The average sale price was $711,500, below Waterloo's average, while homes sold in just under 20 days and achieved 96.59% of list, a touch firmer than the city overall. The neighbourhood saw 9 freehold sales and 3 condo sales, with condos moving especially quickly. Overall, this is a fairly steady market where mid-priced homes are still drawing timely interest.

Estimate the monthly carry.