16 COLUMBIA Street W
Waterloo, Ontario
MLS® 40822291
$2,260,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- 40822291
- Bedrooms
- 20
- Bathrooms
- 8
- Year built
- —
1 / 22Listing description
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.
Property summary
- MLS® number
- 40822291
- Property type
- Multi-family
- Building type
- Fourplex
- Square footage
- 5,200 sq ft
- Title
- Freehold
- Annual property taxes
- $20,934.00
- Parking
- 4 spaces · Open
- Days on market
- 125 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- None
- Exterior features
- Brick, Vinyl siding
What would this home cost you?
Based on the $2,260,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Real Estate Centre Inc., Kitchener.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.