University Neighbourhood, Waterloo: Neighbourhood Guide, Homes for Sale & Market Stats

University: Affordable, practical, and perfectly positioned in Waterloo

The University neighbourhood is one of Waterloo’s most affordable and practical communities. It sits conveniently between the university campuses and the broader residential city. The area is diverse — students, young professionals, established families, and long-term residents all live side by side. Housing ranges from older bungalows and detached singles to semis, townhomes, and low-rise apartments.

The location is a key draw. Transit, parks, shopping, and employment are virtually all within easy reach. Buyers find some of the most accessible entry points into the Waterloo market right here.


Schools

Elementary students typically attend Elizabeth Ziegler Public School or Empire Public School for JK through Grade 6. They then attend MacGregor Senior Public School or Centennial Public School for Grades 7 and 8. High school students attend Waterloo Collegiate Institute. Catholic students attend Our Lady of Lourdes Catholic Elementary School, then continue to Resurrection Catholic Secondary School.

School catchment for any address being considered should be confirmed directly with the applicable school boards. See our school finder for more local school information in the University neighbourhood Waterloo.


Amenities

  • The neighbourhood sits within walking distance of both the University of Waterloo and Wilfrid Laurier University campuses.
  • Quick bus and LRT access connects residents to Uptown Waterloo, Downtown Kitchener, and Conestoga Mall.
  • Waterloo Park and Columbia Lake offer outdoor recreation and green space close by.
  • Multiple grocery and retail options line University Ave and Westmount Rd for everyday needs.

Check the Waterloo Walk Score for walkability, transit, and bike scores in this area (neighbourhood-specific scores are not available).

2025 Market Statistics

Detached — Average
$833,535

Townhouses — Average
$586,000

Condo Apartment — Average
$419,868

Number of Sales
68

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