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Basara.

Waterloo · Lexington/Lincoln Village · Townhouse · MLS# 40829181

121 UNIVERSITY Avenue E Unit# 32

$425,000

5

bed

4

bath

1,886

sqft

1974

built

Townhouse · $225/sqft

Listed May 14, 2026

About this home.

Exceptional 5 bedroom condo townhouse that is perfect for investors ($3,500 a month estimated monthly rent), first time home buyers and families a like. The spacious layout seamlessly flows from room to room, creating an inviting atmosphere for both relaxation and entertainment. Enjoy preparing meals with ease as there is no shortage of counter space in the kitchen. Morning coffee or barbecues with friends on your patio. Each bedroom offering plenty of space, natural light, and closet storage. The master bedroom features an ensuite bath & walk in closet . Downstairs, is a rec room for movie nights and entertaining. There is an abundance of storage in the basement for all of your extra belongings. Take advantage of the proximity to excellent schools, Wilfred Laurier University, Waterloo University as well as the Conestoga College campus, Miles of scenic walking trails for outdoor enthusiasts to explore the natural beauty of the surrounding area. For those who enjoy shopping and dining, you're in luck! This property is conveniently located within walking distance to great shopping destinations and local eateries, providing endless opportunities for leisure! No scraping your car this upcoming winter as there is a underground parking space included. (id:59491)

The full record.

Property typeTownhouse
Year built1974
Square footage1,886 sqft
Lot size0
Bedrooms5
Bathrooms4
HeatingForced air,, ,Natural gas
CoolingCentral air conditioning
ListedMay 14, 2026

How this listing prices against Lexington/Lincoln Village.

14

Sales

$676,750

Median price

17

Days on market

96.2%

% of list

32

Active listings

N/A

Months supply

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.

Read the full Waterlooreport →

Estimate the monthly carry.

Down payment
%($85,000)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$1,946

Principal$340,000
Total interest$243,869
Total paid$583,869

Estimate only. Excludes property tax, condo fees, and insurance.

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

Use the chat button to message me directly.

Or email me at neso@basara.ca