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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

 

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