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16 COLUMBIA Street

Waterloo, Ontario N2L3K3

MLS # 40822291

$2,260,000

Property Details

Type

Fourplex

Beds

20

Baths

8

Status

For Sale

About this property

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.

Mortgage Estimate

Estimated monthly payment

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Estimate only. Taxes, insurance, condo fees, and lender terms are not included.

Monthly costs to verify

Property taxes: about $1,745/month based on listed annual taxes.

Estimate only. Confirm taxes, condo/maintenance fees, insurance, utilities, and lender terms before making decisions.

Facts & Location

Interior Size

5,200 sq ft

Parking

4 spaces

Annual Taxes

$20,934

Listing data

Listing information is provided for personal, non-commercial use and should be independently verified before making real estate decisions.

Last refreshed: Aug 4, 2026 3:35 AM

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