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Multi-4 UnitMLS® 40822291

16 Columbia Street W, Waterloo ON N2L 3K3

Beechwood/University, Waterloo, N2L 3K3

$2,260,000

20Bedrooms
8Bathrooms
5,200Sq ft
4Parking
3Storeys
Multi-4 UnitType
119Days on market

The home

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.

Specifications

Property details

Property type

Residential Income

Lot

50 x 124 ft

Taxes

$20,934 (annual)

Heating

Forced Air, Natural Gas

Cooling

Central Air

Basement

None

Parking

4 total

Days on market

119

What's included

Features and amenities

Interior

Separate Heating ControlsSeparate Hydro Meters

Lot

Public TransitSchools

Appliances

DishwasherDryerRefrigeratorStoveWasher

Where it sits

Location

Pin placed at the coordinates supplied by the MLS® System.

Listed by Dan Openshaw, RE/MAX Real Estate Centre Inc. (the Cornerstone Association of REALTORS®).

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