Scout N Secure

$2,260,000

Map

16 Columbia Street West

Waterloo, Ontario N2L3K3

For sale· Added

20 bed8 bath5,200 sqft

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

Map data © OpenStreetMap contributors

Upcoming open housesSee all Waterloo open houses

No open houses are scheduled for this home.

Can't make it? Request a private viewing.

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

Ask about this home

$2,260,000
16 Columbia Street West
Request a viewing

Similar homes in Waterloo