For sale

C$2,260,000

16 Columbia St W, Waterloo, ON N2L 3K3

20beds

8baths

5,200sqft

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Multi-4 Unit, Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

C$435/sqft

C$-- HOA

What's special

Expansive common areasOwn furnaceCentral air conditioningHot water heaterIn-suite laundryRoof was just redone

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.

74 days

9

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 20
Bathrooms: 8

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Refrigerator, Stove, Washer
Laundry: Common Area, Shared

Features

Separate Heating Controls, Separate Hydro Meters
Basement: None
Has fireplace: No

Interior area

Total structure area: 5,200
Total interior livable area: 5,200 sqft
Finished area above ground: 5,200

Property

Parking

Total spaces: 4
Parking features: Outside/Surface/Open
Uncovered spaces: 4

Features

Frontage type: North
Frontage length: 50.00

Lot

Size: 6,200 Square Feet
Dimensions: 50 x 124
Features: Public Transit, Schools

Details

Parcel number: 222780137
Zoning: RMU-20

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi-4 Unit, Multi Family

Materials

Brick, Vinyl Siding
Foundation: Poured Concrete
Roof: Asphalt Shing

Condition

16-30 Years
New construction: No

Utilities & green energy

Sewer: Sewer (Municipal)
Water: Municipal

Community & HOA

Community

Security: Smoke Detector

Location

Region: Waterloo

Financial & listing details

Price per square foot: C$435/sqft
Annual tax amount: C$20,934
Date on market: 4/24/2026
Inclusions: Smoke Detector

Dan Openshaw, Salesperson

(519) 741-0950

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