




20 Beds
8 Baths
5,200 sqft
C$2,260,000
16 Columbia Street W, Waterloo ON, N2L 3K3
Price per sqftC$434.62
Property size5,200 sqft
Property typeMulti-family
Overview
Active
Listed Apr 24, 2026
Updated Jul 21
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.
Additional information
- MLS® ID
- 40822291
Interior Features
- Bedrooms
- 20
- Bathrooms
- 8
- Heating
- Yes
- Basement
- No
Other Property Details
- Taxes
- $20,934
- Tax Frequency
- Annually
- Secondary Association Fee Frequency
- Monthly
- 55+/Senior Community
- No