16 COLUMBIA Street West, Waterloo, Ontario N2L3K3

Listing courtesy of RE/MAX Real Estate Centre Inc..

$2,260,000
20
BD
8
BA
5,200
SqFt

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List Price
$2,260,000
MLS®
40822291
Days on Market
139
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
20
Bathrooms
8
Living Area
5,200
Subdivision
417 - Beechwood/University

Property 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. (id:5764)

Additional Information

Ownership
Freehold
Basement Features
None
Basement
Yes
Subdivision
417 - Beechwood/University
Parking Spaces
4
Cooling
Central air conditioning
Country
Canada
Sewer
Municipal sewage system
Heating
Forced air, Natural gas
Total Number Of Units
4
Stories
3

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Calculator source: Real Geeks