For Sale: 16 Columbia Street W, Waterloo, ON - REW
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$2,260,000
20 bd • 8 ba • 5200 sf • Multifamily
16 Columbia Street W
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$2,260,000
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16 Columbia Street WWaterloo, ON, N2L 3K3

  • 20 Bed
  • 8 Bath
  • 5200 Sqft
  • Multifamily

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. Roof was just redone with extra income from the solar panels.
Listed by: Dan Openshaw, RE/MAX REAL ESTATE CENTRE INC.

Home facts and features

Price details
List Price
$2,260,000
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Gross Taxes for 2026
$20,934
Home facts
Bedrooms
20
Full Bathrooms
8
Parking Spaces
4
Property Type
Multifamily
Lot Size
50 ft x 124 ft (6200 ft²)
Depth
124.0
Frontage
50.0
Heating Type
Forced Air,Natural Gas
Cooling
Central Air
Features
Common Area, Separate Heating Controls, Separate Hydro Meters, Shared, Smoke Detector
Agent details
Primary Agent
Primary Broker
RE/MAX REAL ESTATE CENTRE INC.
Listing details
Days on REW
48 Days
Property Views
14
MLS® Number
40822291
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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25 Years
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3.99%

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Property Insights

St David Catholic Secondary School
  • Catholic
  • 9 - 12
Waterloo Collegiate Institute
  • Public
  • 9 - 12
Winston Churchill Public School
  • Public
  • JK - 6
MacGregor Public School
  • Public
  • 6 - 8
ÉÉC Mère-Élisabeth-Bruyère
  • Catholic
  • JK - 6
Lincoln Heights Public School
  • Public
  • JK - 8
É Élém L'Harmonie
  • Public
  • JK - 8
Cedarbrae Public School
  • Public
  • JK - 6
Sandowne Public School
  • Public
  • JK - 6
St Agnes Catholic Elementary School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Dan Openshaw
Phone:
(519) 741-0950
Office:
519-741-0950
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