16 Columbia Street W
Waterloo, ON N2L 3K3
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
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.
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
Property Details
Community Information
Address
16 Columbia Street W, Waterloo, ON N2L 3K3
Area
4 - Waterloo West
Region
Waterloo
City
Waterloo
Postal Code
N2L 3K3
Neighborhood
417 - Beechwood/University
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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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”).