For sale 50$2,260,000
16 Columbia Street West
Waterloo, Ontario N2L3K3
For sale· Added
About this home
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.
Location
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Property details
Listing
- MLS® number
- 40822291
- Added
- Apr 24, 2026 ()
- Updated
- Jul 20, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Fourplex
- Storeys
- 3
- Ownership
- Freehold
Inside
- Bedrooms
- 20
- Bathrooms
- 8
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Fireplace
- No
Building
- Basement
- None
- Exterior
- Brick, Vinyl siding
- Foundation
- Poured Concrete
- Parking
- Open · 4 spaces
Land
- Frontage
- 50 ft
- Zoning
- RMU-20
Services
- Water
- Municipal water
- Sewer
- Municipal sewage system
Location
- Community
- Beechwood/University
- Directions
- Spruce St (short walk to Universities)
Running costs
- Annual property tax
- $20,934
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