Attention Investors, Renovators, and First-Time Buyers looking to build sweat equity! Opportunity knocks at Unit 1707, 225 Harvard Pl, in the highly sought-after Lincoln Heights area of Waterloo. This rare 2-bedroom, 1.5-bath penthouse unit offers a blank canvas for your renovation dreams. While the interior is in need of updating, it is priced to reflect its current condition, offering incredible potential to transform it into a stunning, high-altitude home. The penthouse level ensures quiet, top-floor living with great views. The location is a commuter’s dream, located just two minutes from the expressway, making travel across the region seamless. Furthermore, you are within walking distance to schools (JK-High School), shopping, restaurants, parks and just a short drive or bus ride to both Universities. This unit includes coveted underground parking. It is situated in a well-maintained building that provides an active and social lifestyle with access to a tennis court, a fully equipped workshop for your renovation projects, and dedicated gym space. Condo fees include all Utilities so budgeting is a breeze. This is not just a condo; it’s a project with a massive upside. Bring your contractor, your vision, and capitalize on this rare penthouse opportunity at an incredible price point.
Property Type:
Residential
Property SubType:
Condo/Apt Unit
Year built:
1974
(Age: 52)
Listing General Location:
116 - Glenridge/Lincoln Heights, 1 - Waterloo East
High-rise building featuring a dark gray exterior, multi-story glass window panels, private balconies, and an asphalt surface parking lot
Parquet wood flooring, built-in wooden cabinetry with glass-front display uppers, and floor-to-ceiling sliding closet doors
Dining area featuring wood-finish parquet flooring, extensive built-in cabinetry with glass-front uppers, and a multi-arm chandelier
Galley-style kitchen featuring white cabinetry, solid-surface countertops, dual-basin stainless steel sink, and integrated white appliances
Kitchen featuring white cabinetry with brushed hardware, ample solid-surface countertops, a double-basin stainless steel sink, tile flooring, and integrated pantry storage
Neutral wall finishes and interior doors with metallic hardware, featuring a secondary room with wood-finish cabinetry, a single-basin sink, and wall-mounted vanity lighting
Wood-finish flooring and a single-pane sliding window
Bathroom featuring a wood-finish vanity with a patterned laminate countertop, integrated sink, built-in medicine cabinet, and a shower-tub combination with a wall-mounted handheld fixture
Aerial perspective of the property grounds featuring a paved tennis court, mature trees, expansive green space, and proximity to major roadway infrastructure
Living area featuring brick flooring, exposed stained-wood ceiling beams, and a floor-to-ceiling brick fireplace with a wood mantel
Expansive interior space featuring neutral wall finishes, tile flooring, wall-mounted ductless climate control unit, and overhead linear lighting fixtures
Utility area featuring exposed concrete flooring, integrated built-in wooden workbench, and dual linear overhead lighting fixtures
Laundry room featuring large-format tile flooring, a row of front-loading washers and dryers, integrated wood-finish upper cabinetry, and fluorescent lighting
Multi-story residential building featuring a concrete exterior, grid-patterned glass balconies, landscaped green space, paved pathways, and surface parking
Aerial perspective of a multi-story residential building featuring a concrete exterior, green space surroundings, and proximity to major roadway infrastructure
High-rise residential building featuring an exterior of dark-toned panels and white grid facade, accompanied by surface-level parking and a dedicated tennis court
Data was last updated November 12, 2026 at 11:50 AM (UTC)
Area Statistics
Listings on market:
27
Avg list price:
$425,000
Min list price:
$185,000
Max list price:
$925,000
Avg days on market:
48
Min days on market:
2
Max days on market:
161
Avg price per sq.ft.:
$367.86
These statistics are generated based on the current listing's property type
and located in
116 - Glenridge/Lincoln Heights. Average values are
derived using median calculations. This data is not produced by
the MLS® system.