Connie Huibers - Coldwell Banker Momentum Logo
$2,260,000
 $12,132 est/mo Sourced by Back At You

16 Columbia Street W,Waterloo, ON N2L 3K3

Waterloo, ON N2L 3K3

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Description

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.

Details

MLS #40822291
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Days On Site122
Listing Provided ByRE/MAX Real Estate Centre Inc. | Dan Openshaw

Features

Bed(s)20
Bath(s)8
SQ Feet5,200
Story(s)3
Units4
ZoningRMU-20
Acreage0.14

Interior

AppliancesDishwasher, Dryer, Refrigerator, Stove, Washer
Interior FeaturesSeparate Heating Controls, Separate Hydro Meters
CoolingCentral Air
Cooling Yes / NoNo
HeatingForced Air, Natural Gas
Heating Yes / NoYes
Laundry FeaturesCommon Area, Shared

Exterior

Lot FeaturesPublic Transit, Schools
Construction MaterialsBrick, Vinyl Siding
RoofAsphalt Shing
Foundation DetailsPoured Concrete
Security FeaturesSmoke Detector

Parking

Open Parking Yes / NoYes

Utilities

SewerSewer (Municipal)

Taxes

Tax Annual Amount20934

Area Information

ProvinceON
RegionWaterloo
CityWaterloo
Postal CodeN2L 3K3
Area4 Waterloo West
Subarea417 Beechwood | University
Community Name417 Beechwood/University
Listing VS Median (in 417 Beechwood/University)
Price:
$2,260,000
low | high
Med:
$399,000
100% of Average
sqft:
5,200
low | high
Med:
546
100% of Average
$ / sqft:
$435
low | high
Med:
$731
18.141592920354% of Average
On site:
122
low | high
Med:
72
100% of Average
Sourced by Back At You

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Additional Information

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Learn More About This Property

Connie Huibers

Connie Huibers

Momentum Realty

Real Estate Broker (905) 988-7778connie-huibers@coldwellbanker.ca
ProvinceON
RegionWaterloo
CityWaterloo
Postal CodeN2L 3K3
Area4 Waterloo West
Subarea417 Beechwood | University
Community Name417 Beechwood/University
Listing VS Median (in 417 Beechwood/University)
Price:
$2,260,000
low | high
Med:
$399,000
100% of Average
sqft:
5,200
low | high
Med:
546
100% of Average
$ / sqft:
$435
low | high
Med:
$731
18.141592920354% of Average
On site:
122
low | high
Med:
72
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.695M - $2.825M
sqft: 3,500 - 6,500
Nearby Listings Property ImageNearby Listings Details
24 Columbia Street W Property Photo 1
$1,749,000
24 Columbia Street W
Waterloo, ON N2L 3K3
Listing Updated: July 20, 2026 at 8:52:42 AM PDT

Connie Huibers - Coldwell Banker Momentum