16 Columbia Street W, Waterloo, Ontario N2L 3K3

Listed for:
$2,260,000
20 beds
8 baths
Listed 17 days ago
Fourplex for rent: 16 Columbia Street W, Waterloo, Ontario N2L 3K3

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About

Spruce St (short walk to Universities) 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. (id:27476)

Property Highlights

MLS® Number
40822291
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
4

Building

Building Type
Fourplex
Storeys
4.00
Square Footage
5200 sqft
Bathrooms Total
8
Bedrooms Total
20
Amenities
Public Transit, Schools
Exterior Finish
Brick, Vinyl siding
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
RE/MAX Real Estate Centre Inc.
MLS® number:
40822291
Agent:
Dan Openshaw
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