16 COLUMBIA Street W
Waterloo – Ontario
$2,260,000
MLS® Number 40822291 | Listing provided by: RE/MAX Real Estate Centre Inc. | Powered byREALTOR.ca
About this property
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:66549)
Details
- Bedrooms
- 20
- Bathrooms
- 8
- Size
- 5,200 sq ft
- Property type
- House
- Stories
- 4
- Parking spaces
- 4
- Heating
- Forced air, Natural gas
- Neighbourhood
- 417 - Beechwood/University
- Postal code
- N2L3K3
- MLS® Number
- 40822291
- Status
- For Sale
Features
- Air Conditioning
- Laundry
