16 Columbia Street W Waterloo, ON N2L 3K3
16 Columbia Street W Waterloo, ON N2L 3K3 | MLS 40822291 Photo 1
16 Columbia Street W Waterloo, ON N2L 3K3 | MLS 40822291 Photo 2
16 Columbia Street W Waterloo, ON N2L 3K3 | MLS 40822291 Photo 3
16 Columbia Street W Waterloo, ON N2L 3K3 | MLS 40822291 Photo 4
16 Columbia Street W Waterloo, ON N2L 3K3 | MLS 40822291 Photo 5
For more information on this listing, contact us at: (647) 953-2523
Active
$2,260,000

16 Columbia Street W Waterloo, ON N2L 3K3

Multi-4 Unit Property Type
20 Beds
8 Baths
5,200 Sq. Ft.
Waterloo Region
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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.
MLS # 40822291
Monthly Assoc. Fee N/A
On Site 188 Days
Last Updated 7/20/2026
For additional details, clarifications, or to request neighbourhood insights or comparables, our team is available to assist.

Location

Contact Agent

Ali Al-Mahdi

Ali Al-Mahdi

(647) 953-2523
Partner & REALTOR®

Property Details

Community Information

Address 16 Columbia Street W, Waterloo, ON N2L 3K3
Region Waterloo
City Waterloo
Postal Code N2L 3K3

Architecture

Bedrooms 20
Bathrooms 8
Stories 3
Construction Materials Brick, Vinyl Siding
Building Area 5200
Roof Asphalt Shing
Foundation Poured Concrete
Open Parking Spaces 4
Parking Total 4

Features / Amenities

Interior Features Separate Heating Controls, Separate Hydro Meters
Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer
Laundry Common Area, Shared
Inclusions Smoke Detector
Security Features Smoke Detector
Cooling Central Air
Heating Forced Air, Natural Gas

Square Footage Finished Sq. Ft.

Above Grade 5200
Total 5200

Property Features

Lot Dimensions 50 x 124
Lot Features Public Transit, Schools
Frontage North
Frontage Length 50.00
Sewer Sewer (Municipal)
Water Municipal
Zoning RMU-20
Directions Spruce St (short walk to Universities)

Tax and Financial Info

Tax Annual Amount $20,934
Ownership Type Freehold/None
Transaction Type Sale

Listing Agent/Office

Listing provided courtesy of Dan Openshaw, RE/MAX Real Estate Centre Inc..

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16 Columbia Street W Waterloo, ON N2L 3K3 | MLS 40822291
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Listing Information Last Updated 7/20/2026
The Company acknowledges that The Canadian Real Estate Association (CREA) is the owner of the MLS®, Multiple Listing Service® and related certification marks, and is the exclusive licensee of the REALTOR®, REALTORS® and related certification marks (collectively, “CREA’s trademarks”).
16 Columbia Street W Waterloo, ON N2L 3K3
  • $2,260,000
  • 20 beds
  • 8 baths
  • 5,200 Sq. Ft.