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16 COLUMBIA Street W, Waterloo, Ontario, N2L 3K3

MLS® # 40822291
Investment For Sale In Columbia, Waterloo, Ontario
$2,260,000
16 Columbia Street W, Waterloo, ON - Outdoor With Facade
16 Columbia Street W, Waterloo, ON - Outdoor With View
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Kitchen With Double Sink
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Other Room
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Kitchen With Double Sink
16 Columbia Street W, Waterloo, ON - Indoor
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Laundry Room
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Bathroom
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Bathroom
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Other Room
16 Columbia Street W, Waterloo, ON - Indoor
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Kitchen
16 Columbia Street W, Waterloo, ON - Indoor
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Bathroom
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Bedroom
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Bedroom
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Bedroom
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Bedroom
16 Columbia Street W, Waterloo, ON - Outdoor With Facade
16 Columbia Street W, Waterloo, ON - Outdoor
16 Columbia Street W, Waterloo, ON - Outdoor With Facade
16 Columbia Street W, Waterloo, ON - Outdoor
16 Columbia Street W, Waterloo, ON - Outdoor With Facade
16 Columbia Street W, Waterloo, ON - Outdoor With View
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Kitchen With Double Sink
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Other Room
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Kitchen With Double Sink
16 Columbia Street W, Waterloo, ON - Indoor
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Laundry Room
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Bathroom
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Bathroom
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Other Room
16 Columbia Street W, Waterloo, ON - Indoor
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Kitchen
16 Columbia Street W, Waterloo, ON - Indoor
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Bathroom
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Bedroom
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Bedroom
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Bedroom
16 Columbia Street W, Waterloo, ON - Indoor Photo Showing Bedroom
16 Columbia Street W, Waterloo, ON - Outdoor With Facade
16 Columbia Street W, Waterloo, ON - Outdoor
16 Columbia Street W, Waterloo, ON - Outdoor With Facade
16 Columbia Street W, Waterloo, ON - Outdoor
  • Advertising
16 COLUMBIA Street W, Waterloo, Ontario, N2L 3K3
$2,260,000

Property Information:

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. Roof was just redone with extra income from the solar panels. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Fourplex
  • Basement Type: None
  • Exterior Finish: Brick, Vinyl siding
  • Floor Space: 5200 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Amenities Nearby: Public Transit, Schools
  • Floor Space (approx): 5200 Square Feet
  • Lot Depth: 124 Feet
  • Lot Frontage: 50 Feet
  • Zoning: RMU-20
  • Sewer: Municipal sewage system
  • Parking Type: Open
  • No. of Parking Spaces: 4

Courtesy of: RE/MAX Real Estate Centre Inc.

REALTOR.ca  

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Market Price Trends

Single family detached

-3.48%

Price change (1 year)

27.62%

Price change (5 years)

All Properties

-3.96%

Price change (1 year)

27.51%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 16 COLUMBIA Street W, Waterloo, Ontario, N2L 3K3

Demographic Information of 16 COLUMBIA Street W, Waterloo, Ontario, N2L 3K3

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$73,708.19

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.52 %

High school certificate or equivalent

35.16 %

Apprenticeship trade certificate/diploma

2.55 %

College/non-university certificate

12.79 %

University certificate (below bachelor)

1.34 %

University Degree

38.65 %

Commuter

Travel To Work

By Car

68.76 %

By Public Transit

15.74 %

By Walking

10.32 %

By Bicycle

1.09 %

By Other Methods

4.09 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

91.51 %

Houses

8.49 %

Own Vs. Rent

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