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Basara.

Waterloo · Beechwood/University · Multi-family · MLS# 40823673

24 COLUMBIA Street W

$1,749,000

15

bed

6

bath

4,500

sqft

Multi-family · $389/sqft

Listed April 23, 2026

About this home.

GROSS INCOME - $161,100.00. LEGAL TRIPLEX WITH 15 BEDROOMS & 6 BATHROOMS. Attention investors! Don’t miss this prime investment opportunity—centrally located at a walking to University of Waterloo & Wilfrid Laurier University, close to major tech companies, future hospital close to University of Waterloo, Conestoga Mall and few minutes drive to Hwy 85. ALWAYS RENTED!!! This triplex features three spacious 5- bedroom units, each with 2 full bathrooms, totaling 15 bedrooms and 6 bathrooms. Seize this chance to grow your portfolio! (id:59491)

The full record.

Property typeMulti-family
Square footage4,500 sqft
Lot size0
Bedrooms15
Bathrooms6
HeatingNatural gas
CoolingNone
ListedApril 23, 2026

How this listing prices against Beechwood/University.

13

Sales

$570,000

Median price

35

Days on market

94.4%

% of list

111

Active listings

N/A

Months supply

Beechwood/University was highly supplied this period, with 13 sales against 98 active listings, one of the loosest inventory setups in Waterloo. The average sale price was $621,462, well below the city average, homes took 34 days to sell, and deals closed at 94.02% of list, all signs of a softer market overall. Activity split between 5 freeholds and 8 condos, but the overwhelming amount of condo inventory is what defines the neighbourhood right now. This is a market with lots of choice and clear pressure on sellers to price realistically.

Read the full Waterlooreport →

Estimate the monthly carry.

Down payment
%($349,800)
Mortgage rate
%
Amortization
years

Estimated monthly payment

$8,009

Principal$1,399,200
Total interest$1,003,592
Total paid$2,402,792

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

Questions on this property?

Neso Basara

RE/MAX Icon Realty

Waterloo Region

Use the chat button to message me directly.

Or email me at neso@basara.ca

24 COLUMBIA Street W, Waterloo — $1,749,000 | Basara