For Sale: 96 University Avenue W, Waterloo, ON - REW
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$19,900,000
0 bd • 0 ba • 52734 sf • Multifamily
96 University Avenue W
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$19,900,000
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96 University Avenue WWaterloo, ON, N2L 3C9

  • 0 Bed
  • 0 Bath
  • 52734 Sqft
  • Multifamily

About this home

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.
Listed by: Dan Openshaw, RE/MAX REAL ESTATE CENTRE INC.

Home facts and features

Price details
List Price
$19,900,000
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Gross Taxes for 2026
$118,000
Home facts
Bedrooms
0
Full Bathrooms
0
Parking Spaces
27
Property Type
Multifamily
Lot Size
141 ft x 0 ft (0 ft²)
Depth
0.0
Frontage
141.8
Heating Type
Forced Air,Radiant
Cooling
Central Air
Basement Details
Full,Finished
Features
Carbon Monoxide Detector, Common Area, Separate Heating Controls, Separate Hydro Meters, Smoke Detector
Appliances
Hot Water Tank Owned
Agent details
Primary Agent
Primary Broker
RE/MAX REAL ESTATE CENTRE INC.
Listing details
Days on REW
1 Day
MLS® Number
40849492
Source
Information Technology Systems Ontario
Board
Cornerstone Association of REALTORS®
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Property Insights

Waterloo Collegiate Institute
  • Public
  • 9 - 12
MacGregor Public School
  • Public
  • 6 - 8
St David Catholic Secondary School
  • Catholic
  • 9 - 12
Winston Churchill Public School
  • Public
  • JK - 6
Our Lady of Lourdes Catholic Elementary School
  • Catholic
  • JK - 8
Keatsway Public School
  • Public
  • JK - 6
Elizabeth Ziegler Public School
  • Public
  • JK - 6
É Élém L'Harmonie
  • Public
  • JK - 8
Empire Public School
  • Public
  • JK - 6
ÉÉC Mère-Élisabeth-Bruyère
  • Catholic
  • JK - 6
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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