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9 121 E University Avenue
116 - Glenridge/Lincoln Heights Waterloo N2J 4J1

$459,900
Residential Income beds: 5 baths: 3.0 1,502 sq. ft. built: 1974

Townhome / multi-family property with brick siding, roof with shingles, and a front lawn
Photo 1: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 2: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 3: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 4: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 5: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 6: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 7: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 8: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 9: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 10: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 11: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 12: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 13: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 14: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 15: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 16: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 17: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 18: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 19: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 20: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 21: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 22: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 23: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 24: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 25: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 26: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 27: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Photo 28: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
Status:
Active
Prop. Type:
Residential Income
MLS® Num:
40738964
Bedrooms:
5
Bathrooms:
3
Year Built:
1974
$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 fully 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 amenities, 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.
Property Type:
Residential Income
Property SubType:
Rooming House
Year built:
1974 (Age: 51)
Listing General Location:
116 - Glenridge/Lincoln Heights, 1 - Waterloo East
Bedrooms:
5
Bathrooms:
3.0 (Full:-/Half:-)
Frontage Type:
South
Kitchens:
0
County Or Parish:
Waterloo
Taxes:
Features:
Attached Garage: No, Crops Included: No, Garage: No, Inspection ESA: Yes, New Construction: No
Construction:
Brick Veneer, Vinyl Siding
Basement:
Full, Partially Finished
Foundation:
Poured Concrete
Roof:
Asphalt Shing
Number of Storeys:
2
Number of Buildings:
0
Total Floor Area:
1,502 sq. ft.
Finished Area Above Grade:
1,502 sq. ft.
Fireplace:
false
Inspection ESA Date:
May 04, 2018
Laundry Features:
In-Suite
Water Supply:
Municipal
Water Meter:
No
Sewer:
Sewer (Municipal)
Cooling:
Central Air
Heating:
Forced Air, Natural Gas
Age Electric:
1974
Age Furnace:
2023 - Goodman
Age Plumbing:
1974
Age Tank:
2016 - Rheem
Smoke Detector,Two Fridges, One Stove, One Washer, One Dryer
Dishwasher, Dryer, Refrigerator, Stove, Washer
Tenants' Possessions
Separate Hydro Meters
Patio
false
No
Enter Village on the Green from University Avenue East. Drive into the complex. Unit 9 is located in the second group of town homes on your left hand side. There is visitor parking in the development.
Flood Plain
No
Smoke Detector
HST Applicable To Sale Price:
No
Association Fee:
Association Fee Frequency:
Association Fee 2:
Association Fee 2 Frequency:
Administrative Fee:
Features:
Attached Garage: No, Crops Included: No, Garage: No, Inspection ESA: Yes, New Construction: No
Road Access Fee:
Electric Expense:
$963
Insurance Expense:
$783
Heating Expense:
$1,073
Snow Garbage Expense:
$0
Lease to Own Equipment:
None
Leases:
Yes
Under Contract Costs Monthly:
$36.20
Zoning:
RMU-20
Lot Site Features:
City Lot, Greenbelt, Public Transit, Schools, Shopping Nearby
Features:
Attached Garage: No, Crops Included: No, Garage: No, Inspection ESA: Yes, New Construction: No
Garage Spaces:
1.0
Parking Places Covered:
1.0
Parking:
Exclusive, Guest
# Of Total Parking Spaces:
1.0
# Of Open Parking Spaces:
0.0
Driveway Parking:
Covered Parking, Visitor Parking
Road Frontage Type:
Municipal Road, Private Road, Year Round Road
Licensed Dwelling:
Yes
Num Apartment Units:
0
Num Bachelor Units:
0
Num Efficiency Units:
0
Num Loft Units:
0
Num Other Units:
0
Num Penthouse Units:
0
Num Studio Units:
0
Num Occupied Units:
1
Total Units:
Listed Date:
Jun 25, 2025
  • Photo 1: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Townhome / multi-family property with brick siding, roof with shingles, and a front lawn
  • Photo 2: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Multi unit property featuring a front lawn, board and batten siding, and brick siding
  • Photo 3: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Property entrance with brick siding and a shingled roof
  • Photo 4: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Kitchen with white electric range oven, dishwasher, under cabinet range hood, a sink, and backsplash
  • Photo 5: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Kitchen with white appliances, white cabinets, and decorative backsplash
  • Photo 6: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Kitchen with white appliances, under cabinet range hood, backsplash, a sink, and wood counters
  • Photo 7: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Kitchen featuring tasteful backsplash, light tile patterned floors, under cabinet range hood, wood counters, and appliances with stainless steel finishes
  • Photo 8: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Kitchen with light tile patterned flooring, butcher block counters, white cabinetry, black microwave, and freestanding refrigerator
  • Photo 9: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Half bathroom with vanity, toilet, and crown molding
  • Photo 10: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Bedroom featuring a textured ceiling, ornamental molding, and light wood-type flooring
  • Photo 11: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Bedroom with a fireplace, a textured ceiling, ornamental molding, and wood finished floors
  • Photo 12: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Washroom with visible vents, washing machine and clothes dryer, and laundry area
  • Photo 13: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Living area featuring wood finished floors, wood ceiling, and recessed lighting
  • Photo 14: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Living room with baseboards, wood finished floors, wood ceiling, and recessed lighting
  • Photo 15: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Living room featuring baseboards, wood finished floors, wooden ceiling, and recessed lighting
  • Photo 16: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Living room featuring recessed lighting, wood finished floors, and wooden ceiling
  • Photo 17: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Full bath with ornamental molding, toilet, tile patterned floors, and vanity
  • Photo 18: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Bedroom featuring baseboards, visible vents, hardwood / wood-style flooring, and a textured ceiling
  • Photo 19: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Hallway featuring baseboards, light wood-style floors, and crown molding
  • Photo 20: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Bedroom featuring visible vents, crown molding, and wood finished floors
  • Photo 21: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Bathroom featuring visible vents, toilet, and vanity
  • Photo 22: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Bedroom with crown molding, light wood-type flooring, baseboards, a textured ceiling, and visible vents
  • Photo 23: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Rear view of property with a fenced backyard, brick siding, central air condition unit, and a patio
  • Photo 24: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Back of property featuring central AC unit, a patio, a fenced backyard, outdoor dining space, and brick siding
  • Photo 25: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    View of patio featuring fence
  • Photo 26: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Plan
  • Photo 27: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    Plan
  • Photo 28: 9 121 E University Avenue in Waterloo: 116 - Glenridge/Lincoln Heights Rooming House for sale (1 - Waterloo East)  : MLS®# 40738964
    View of layout

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Listed by Royal LePage Wolle Realty
Data was last updated October 20, 2025 at 05:50 AM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$1,000,000
Min list price:
$459,900
Max list price:
$9,999,000
Avg days on market:
73
Min days on market:
2
Max days on market:
149
Avg price per sq.ft.:
$403.41
These statistics are generated based on the current listing's property type and located in 1 - Waterloo East. Average values are derived using median calculations. This data is not produced by the MLS® system.