$449,900
For sale: Townhouse

PRIME UNIVERSITY INVESTMENT OPPORTUNITY WITH WALKOUT BASEMENT Exceptional 3-bedroom townhome with garage in the highly sought-after Keats Way complex, perfectly positioned just minutes from the University of Waterloo and Wilfrid Laurier University. This well-maintained property offers a highly desirable layout with 3 bedrooms on the upper level, a finished walkout basement with a full bathroom, and a total of 2.5 bathrooms, creating outstanding flexibility for both investors and end users. Featuring hardwood flooring, a newly renovated upper-level bathroom, and bright, functional living spaces, this home is built for both comfort and long-term durability. The walkout basement adds valuable living space and significantly enhances rental potential. This property delivers positive cash flow when fully occupied, making it a true turn-key investment in one of Waterloo's most reliable and high-demand rental markets. The inclusion of a private garage and additional parking further strengthens tenant appeal and long-term value. Located close to transit, restaurants, shopping, parks, and major commuter routes, this is a rare opportunity to secure a high-performing income property in a proven university corridor.
Sold data
Townhouse homes in Waterloo took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 44, across 49 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.
The median sale price was $529,900.
Homes sold for about 0.9% below asking on average, so there was room to negotiate.
About 29% of sales closed above the list price.
Around 12% of sellers reduced their price before finding a buyer.
Based on 49 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Waterloo has 31 Fraser Institute–rated schools (27 elementary and 4 secondary), averaging 6.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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