16 Columbia Street W Waterloo, Ontario N2L 3K3
$2,260,000
An exceptional opportunity to own a turnkey student rental property with a definite opportunity to increase rent as the tenants turnover, ideally situated within close proximity to two universities. This well-maintained building comprises four self-contained units across 20 bedrooms, purpose-built to meet the demands of the student rental market. Exceptionally well built and maintained, as soon as you view the building in person you can see how well this building was built. Each unit offers 5 generously proportioned bedrooms, expansive common areas, and two full bathrooms, providing the comfort and functionality today's student tenants expect. Every unit operates independently with its own furnace, central air conditioning, hot water heater, and in-suite laundry. Tenants pay their own hydro. Roof was just redone with extra income from the solar panels. (id:61445)
Property Details
| MLS® Number | 40822291 |
| Property Type | Multi-family |
| AmenitiesNearBy | Public Transit, Schools |
| ParkingSpaceTotal | 4 |
Building
| BathroomTotal | 8 |
| BedroomsTotal | 20 |
| BasementType | None |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick, Vinyl Siding |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 4 |
| SizeInterior | 5200 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Parking
| Open |
Land
| Acreage | No |
| LandAmenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| SizeDepth | 124 Ft |
| SizeFrontage | 50 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Rmu-20 |
https://www.realtor.ca/real-estate/29652768/16-columbia-street-w-waterloo
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Dan Openshaw
Salesperson
720 Westmount Road East, Unit B
Kitchener, Ontario N2E 2M6
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April 30 2026 06:10:52
RE/MAX Real Estate Centre Inc.