45 Columbia Street
Waterloo, N2L 3K4
FOR SALE
$6,990,000
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Investment
CATEGORY 100.12 x 136.28
LOT SIZE X14166842
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Property Description
Built in 2011 Exceptional Investment Opportunity in the Heart of Waterloo! Ideally situated between Wilfrid Laurier University and the University of Waterloo, this impressive multi-residential/student housing property offers outstanding income potential in one of Waterloo's most sought-after student rental locations. , the building features 13 spacious units with a total of 65 bedrooms, offering significant potential to capitalize on the area's strong student housing demand. Each generously sized suite features 5 bedrooms, 2 bathrooms, spacious common areas, large hallways, ceramic and laminate flooring, dark cabinetry and Juliette balconies. Additional highlights include energy-efficient HVAC systems in each unit, separate hydro and gas meters, secure entry with video surveillance, onsite coin-operated laundry and dedicated bike storage. Surrounded by shopping malls, restaurants, entertainment and convenient public transit, this prime location places residents just moments from two major universities. A rare opportunity to invest in a substantial multi-residential property in a thriving university market with excellent long-term potential! Annual Fire Inspection Certificate 2026 Digital Keys and Lock Replacement 2026 Roof Inspection & Maintenance 2026 Replacement of 19 Windows 2025 Water Tank Replacement for the 13 units 2024 Debit/Credit Laundry Machine Replacement 2020 Whole Property Painting
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Property Details
Address
45 Columbia Street
City
Postal Code
N2L 3K4
Property Type
Investment, Investment
Use
Apartment
Zoning
HRN8
Lot Size
100' x 136'
Acreage
13,713.2 Feet
Taxes
$59,919 (2025
Heat Type
Gas Forced Air Open
Water
Municipal
Parking Spaces
13
Garage Type
Covered
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Listing contracted with Royal Lepage Real Estate Services Ltd.
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