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.
For sale
C$449,900
250 Keats Way #6, Waterloo, ON N2L 6J5
4beds
1,312sqft
Row/Townhouse, Residential, Condominium
Built in 1990
-- sqft lot
$-- Zestimate®
C$343/sqft
C$720/mo HOA
What's special
- 65 days |
- 32 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Elias Jiryis, Broker,
RE/MAX Twin City Realty Inc.
Source: ITSO,MLS®#: 40842072Originating MLS®#: Cornerstone Association of REALTORS®
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Other
- Level: Second
- Area: 192
- Dimensions: 16ft. 0in. X 12ft. 0in.
Bedroom
- Level: Second
- Area: 108
- Dimensions: 12ft. 0in. X 9ft. 0in.
Bedroom
- Level: Second
- Area: 90
- Dimensions: 10ft. 0in. X 9ft. 0in.
Bedroom
- Level: Basement
- Area: 216
- Dimensions: 18ft. 0in. X 12ft. 0in.
Bathroom
- Features: 2-Piece
- Level: Main
Bathroom
- Features: 4-Piece
- Level: Second
Bathroom
- Features: 3-Piece
- Level: Basement
Dining room
- Level: Main
- Area: 135
- Dimensions: 15ft. 0in. X 9ft. 0in.
Kitchen
- Level: Main
- Area: 108
- Dimensions: 12ft. 0in. X 9ft. 0in.
Laundry
- Level: Basement
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Water Softener, Dryer, Refrigerator, Stove, Washer
- Laundry: In-Suite
Features
- Basement: Separate Entrance,Walk-Out Access,Full,Finished
- Has fireplace: No
Interior area
- Total structure area: 1,912
- Total interior livable area: 1,312 sqft
- Finished area above ground: 1,312
- Finished area below ground: 600
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage, Asphalt, Private Drive Single Wide, Guest
- Attached garage spaces: 1
Features
- Stories: 2
- Patio & porch: Terrace
- Frontage type: North
Lot
- Features: Urban, Rectangular, Park, Public Transit, Quiet Area, School Bus Route, Schools, Shopping Nearby
Details
- Parcel number: 231800006
- Zoning: R-5
Construction
Type & style
- Home type: Townhouse
- Property subtype: Row/Townhouse, Residential, Condominium
- Attached to another structure: Yes
Materials
- Brick, Vinyl Siding
- Foundation: Poured Concrete
- Roof: Asphalt Shing
Condition
- 31-50 Years
- New construction: No
- Year built: 1990
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal, Unknown
Community & HOA
HOA
- Has HOA: Yes
- Amenities included: BBQs Permitted
- Services included: Insurance, Building Maintenance, Common Elements, Maintenance Grounds, Parking, Property Management Fees
- HOA fee: C$720 monthly
Location
- Region: Waterloo
Financial & listing details
- Price per square foot: C$343/sqft
- Annual tax amount: C$4,268
- Date on market: 6/23/2026
- Inclusions: Dryer, Furniture, Refrigerator, Stove, Washer
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Listed for sale | C$449,900C$343/sqft |
Source:  TRREB #X13477870 Report a problem | ||
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: N2L
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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