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Basara.

Waterloo · Beechwood/University · Multi-family · MLS# 40822291

16 COLUMBIA Street W

$2,260,000

20

bed

8

bath

5,200

sqft

Multi-family · $435/sqft

Ask an agent about this property

Listed April 24, 2026

About this home.

An exceptional opportunity to own a turnkey student rental property 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 heat and hydro. Roof was just redone with extra income from the solar panels. (id:59491)

The full record.

Property typeMulti-family
Square footage5,200 sqft
Lot size0
Bedrooms20
Bathrooms8
HeatingForced air,, ,Natural gas
CoolingCentral air conditioning
ListedApril 24, 2026

How this listing prices against Beechwood/University.

12

Sales

$565,500

Median price

29

Days on market

95.6%

% of list

105

Active listings

N/A

Months supply

Read the full Waterlooreport →

Estimate the monthly carry.

Down payment
%($452,000)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$10,349

Principal$1,808,000
Total interest$1,296,808
Total paid$3,104,808

Estimate only. Excludes property tax, condo fees, and insurance.

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

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