$2,260,000
Unlock Price Rating!

16 Columbia Street W, Waterloo on N2L 3K3, Waterloo, ON N2L 3K3

 Contact
20 Beds
8 Baths
5,200 Sq Ft

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.

Listing By: Dan Openshaw - RE/MAX Real Estate Centre Inc. cnitso Realty.com
  • MLS® 40822291
  • Date Listed04/24/2026
  • Days on Realty 42 Days
  • Bedrooms 20
  • Bathrooms 8 baths
  • Lot Size -
  • County Waterloo
  • Square Feet 5,200 sq. ft
  • Price Per Sq. Ft $434.62

Interior Features

  • Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Cooling Central Air
  • Heating Forced Air, Natural Gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Public Transit, Schools

Directions

Spruce St (short walk to Universities)

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N2L 3K3

Discover key demographics, population statistics, and environmental insights for the Waterloo, ON area.

Walkability in ON / N2L 3K3

Source: Walk Score

82/100

Very Walkable

Walk Score ®

65/100

Good Transit

Transit Score ®

75/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

Transit Summary

16 nearby routes: 15 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 49/100, Transit Score: 40/100, Bike Score: 61/100.

Points of Interest near 16 Columbia Street W, Waterloo ON N2L 3K3, Waterloo, ON N2L 3K3

Frequently Asked Questions for 16 Columbia Street W, Waterloo ON N2L 3K3

Source: Realty.com

16 Columbia Street W, Waterloo ON N2L 3K3, Waterloo, ON N2L 3K3 in Waterloo, ON N2L 3K3 is a multi family listed at $2,260,000. Highlights include 20 bedrooms, 8 bathrooms, 5,200 sq. ft., $435 per sq. ft.. Realty.ca has 22 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 22 photos of 16 Columbia Street W, Waterloo ON N2L 3K3.

The full address for this home is 16 Columbia Street W, Waterloo ON N2L 3K3, Waterloo, ON N2L 3K3.

16 Columbia Street W, Waterloo ON N2L 3K3 has been listed on Realty.com since Fri April 24, 2026

Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 49/100, Transit Score: 40/100, Bike Score: 61/100.

Listing provided courtesy of: Re/max Real Estate Centre Inc. - itso - 1303606 (tel: 519-741-0950)
Listing agent: Dan Openshaw

This content last refreshed on 2026-06-05 10:42:01. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.