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9-121 University Avenue E, Waterloo, ON, N2J 4J1

MLS® # 40711720
Investment For Sale In Willowdale, Waterloo, Ontario
$479,900
9-121 University Avenue E, Waterloo, ON
9-121 University Avenue E, Waterloo, ON
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9-121 University Avenue E, Waterloo, ON
9-121 University Avenue E, Waterloo, ON
9-121 University Avenue E, Waterloo, ON
Home Insurance - TD Insurance
Get a home insurance quote online for this $479,900 property in Waterloo
Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $479,900 property in Waterloo

Provided by TD Insurance

9-121 University Avenue E, Waterloo, ON, N2J 4J1
$479,900

Property Information:

$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.

Inclusions: None,1 Frigidaire Fridge, 1 Moffat Fridge, 1 Stove, 1 Ge Washer, 1 Ge Dryer, 1 Dishwasher

Exclusions : Tenants' Possessions

Building Features:

  • Floor Space: 1502 Square Feet

Property Features:

  • Bedrooms: 5
  • Acres Range: Not Applicable
  • Basement: Full, Partially Finished
  • Built in: 1974
  • Construction Materials: Brick Veneer, Vinyl Siding
  • Cooling: Central Air
  • Driveway Parking: Covered Parking, Visitor Parking
  • Floor Space (approx): 1502 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Separate Hydro Meters
  • Laundry Features: In-Suite
  • Lot Features: City Lot, Greenbelt, Public Transit, Schools, Shopping Nearby
  • Parking Features: Exclusive, Guest
  • Road Frontage Type: Municipal Road, Private Road, Year Round Road
  • Roof: Asphalt Shing
  • Water Source: Municipal
  • Zoning: RMU-20
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 1

Data provided by: Kitchener-Waterloo Association of REALTORS® 540 Riverbend Drive, Kitchener, Ontario N2K 3S2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

Condominium

-7.01%

Price change (1 year)

7.69%

Price change (5 years)

All Properties

-5.63%

Price change (1 year)

16.16%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 9-121 University Avenue E, Waterloo, ON, N2J 4J1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

51/100

Moderate

ClimateCheck®

Current data

This property, 9-121 University Avenue E, experiences 7 hot days per year at around 30.6 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 34.2 degrees Celsius.

Projected Avg. Temperature

Past
30.6℃
2050
34.2℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 9-121 University Avenue E, experiences 11 significant 2-day storms per year, with about 319.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 396.3mm of precipitation per year.

Precipitation Per Storm

Past
319.6mm
2050
396.3mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 9-121 University Avenue E, Waterloo, ON, N2J 4J1

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$109,929.05

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.56 %

High school certificate or equivalent

30.6 %

Apprenticeship trade certificate/diploma

3.93 %

College/non-university certificate

17.77 %

University certificate (below bachelor)

0.87 %

University Degree

36.28 %

Commuter

Travel To Work

By Car

80.71 %

By Public Transit

9.55 %

By Walking

6.69 %

By Bicycle

0.0 %

By Other Methods

3.05 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

43.97 %

Houses

56.03 %

Own Vs. Rent

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