$19,900,000
 $106,828 est/mo Sourced by Back At You

96 University Avenue W,Waterloo, ON N2L 3C9

Waterloo, ON N2L 3C9

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Description

Set at the corner of University Avenue West and Albert Street, this six-storey building occupies arguably the most strategic address in the Waterloo student housing market - directly across the street from Wilfrid Laurier University and steps from the University of Waterloo. The building's art deco character sets it apart from the moment you arrive. From its distinctive art deco facade to thoughtfully designed interiors featuring California ceilings, oversized stairwells and hallways, and custom cabinetry throughout, this is a property built with intention. Purpose-built in 2012 for student accommodation and fully occupied since completion, the diversified unit mix of five-bedroom, four-bedroom, three-bedroom, and two-bedroom suites is tailored for group co-tenancy - keeping turnover low and income highly predictable. Each suite is appointed with generous kitchens featuring dual fridges and a dishwasher, spacious carpeted bedrooms, and full 4-piece bathrooms. Lower-level suites benefit from in-floor heating, while all units are served by central air conditioning and forced air systems for year-round comfort. Building amenities are equally well-considered: elevator access, controlled entry, 24/7 CCTV surveillance, an on-site management office to handle tenant needs and maintenance requests, in-building laundry, and both indoor and outdoor parking round out an offering that tenants consistently renew and investors rarely let go. VTB 2nd may be available for a qualified buyer.

Details

MLS #X13597972
Listing TypeFor Sale
StyleOther
Sub-TypeResale
StatusNew
Year0
Days On Site42
Listing Provided ByRE/MAX REAL ESTATE CENTRE INC. | X13597972 079824

Features

BasementY
Acreage0.40

Interior

Interior FeaturesSeparate Heating Controls, Separate Hydro Meter
CoolingCentral Air
Heat SourceGas
Fireplace Yes / NoNo

Exterior

RoofAsphalt Shingle
Foundation DetailsOther
Construction MaterialsBrick Veneer
Security FeaturesMonitored, Carbon Monoxide Detectors, Security System, Smoke Detector

Parking

Garage Yes / NoNo
Parking FeaturesCovered, Other

Utilities

SewerSewer

Taxes

Tax Annual Amount116162
Tax Legal Description301604470001700
Tax Year2025

Area Information

ProvinceON
RegionWaterloo
CityWaterloo
Postal CodeN2L 3C9
Listing VS Median (in N2L 3C9)
Price:
$19,900,000
low | high
Med:
$0
On site:
42
low | high
Med:
Sourced by Back At You

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Learn More About This Property

ProvinceON
RegionWaterloo
CityWaterloo
Postal CodeN2L 3C9
Listing VS Median (in N2L 3C9)
Price:
$19,900,000
low | high
Med:
$0
On site:
42
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $14.925M - $24.875M
sqft: 0 - 0
Listing Updated: August 12, 2026 at 9:22:43 AM PDT