16 COLUMBIA Street W, Waterloo, Ontario, N2L3K3
MLS: 40822291 | Fourplex (Freehold)
$2,260,000
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. Roof was just redone with extra income from the solar panels. (id:64974)
Quick Facts
- Property Type: Fourplex (Freehold)
- Bedrooms: 20
- Bathrooms: 8
- Living Area: 5,200 sq ft (483.1 m²)
- Above Grade: 5,200 sq ft (483.1 m²)
- Ownership: Freehold
- Attached: Yes
- Parking: 4.0 spaces (Open)
- Frontage: 50 ft (15.2 m)
Costs
- Annual Taxes: $20,934.00
Listing Provided by: RE/MAX Real Estate Centre Inc.
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Central air conditioning
- Basement: None
Exterior & Construction
- Exterior: Brick, Vinyl siding
- Foundation: Poured Concrete
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 50 ft (15.2 m)
- Zoning: RMU-20
Community & Neighbourhood
- Subdivision: 417 - Beechwood/University
Listing Information
Listing History
MLS listing activity for 16 COLUMBIA Street W, Waterloo, Ontario, N2L3K3 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
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Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±30%Match BedroomsNoMatch BathroomsNo
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16 COLUMBIA Street W, Waterloo, Ontario, N2L3K3