16 Columbia Street W, Waterloo, Ontario

$2,260,000

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20

Beds

8

Baths

5,200

Square feet

About 16 Columbia Street W

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. (id:36535)

Features of 16 Columbia Street W

Listing # 40822291
Price $2,260,000
Bedrooms 20
Bathrooms 8.00
Square Footage 5,200
Acres 0.00
Type Multi-family
Sub-Type Freehold

Community Information

Address 16 Columbia Street W
Subdivision 417 - Beechwood/University
City Waterloo
Province Ontario
Postal Code N2L3K3

Amenities

Amenities Public Transit, Schools
Parking Spaces 4
Parking Open
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 3
Has Basement No
Basement Type None

Exterior

Exterior Brick, Vinyl siding
Foundation Poured Concrete

Listing Details

OfficeCourtesy Of RE/MAX Real Estate Centre Inc.

Listing Map