96 UNIVERSITY Avenue W, Waterloo, Ontario, N2L 3C9

MLS® # 40849492

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Investment For Sale In Columbia, Waterloo, Ontario

$19,900,000 QuickQuote^TM: Not Available

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96 University Avenue W, Waterloo, ON - Outdoor With Facade

96 University Avenue W, Waterloo, ON - Outdoor

96 University Avenue W, Waterloo, ON - Indoor Photo Showing Other Room

96 University Avenue W, Waterloo, ON - Indoor Photo Showing Living Room

96 University Avenue W, Waterloo, ON - Indoor Photo Showing Bedroom

96 University Avenue W, Waterloo, ON - Indoor Photo Showing Bathroom

96 University Avenue W, Waterloo, ON - Indoor

96 University Avenue W, Waterloo, ON - Indoor Photo Showing Kitchen

96 University Avenue W, Waterloo, ON - Indoor Photo Showing Kitchen With Double Sink

On-site property management office - 96 University Avenue W, Waterloo, ON - Indoor

96 University Avenue W, Waterloo, ON - Indoor Photo Showing Basement

96 University Avenue W, Waterloo, ON - Indoor Photo Showing Laundry Room

96 University Avenue W, Waterloo, ON - Indoor Photo Showing Garage

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96 UNIVERSITY Avenue W, Waterloo, Ontario, N2L 3C9

$19,900,000

Property Information:

Set at the corner of University Avenue West and Albert Street, this six-storey building occupies arguably the most strategic address in the Waterloo student housing market — directly across the street from Wilfrid Laurier University and steps from the University of Waterloo. The building's art deco character sets it apart from the moment you arrive. From its distinctive art deco facade to thoughtfully designed interiors featuring California ceilings, oversized stairwells and hallways, and custom cabinetry throughout, this is a property built with intention. Purpose-built in 2012 for student accommodation and fully occupied since completion, the diversified unit mix of five-bedroom, four-bedroom, three-bedroom, and two-bedroom suites is tailored for group co-tenancy — keeping turnover low and income highly predictable. Each suite is appointed with generous kitchens featuring dual fridges and a dishwasher, spacious carpeted bedrooms, and full 4-piece bathrooms. Lower-level suites benefit from in-floor heating, while all units are served by central air conditioning and forced air systems for year-round comfort. Building amenities are equally well-considered: elevator access, controlled entry, 24/7 CCTV surveillance, an on-site management office to handle tenant needs and maintenance requests, in-building laundry, and both indoor and outdoor parking round out an offering that tenants consistently renew and investors rarely let go. (id:27)

Building Features:

Style: Multiplex
Basement Development: Finished
Basement Type: Full
Exterior Finish:
Floor Space: 57114 sqft Square Feet
Heating Type: Forced air, Radiant heat
Cooling Type: Central air conditioning

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Amenities Nearby: Schools, Shopping
Community Features: School Bus
Floor Space (approx): 57114 Square Feet
Lot Frontage: 142 Feet
Zoning: (H)RN-12
Sewer: Municipal sewage system
Parking Type: Covered, Open
No. of Parking Spaces: 27

Courtesy of: RE/MAX Real Estate Centre Inc.

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Location of 96 UNIVERSITY Avenue W, Waterloo, Ontario, N2L 3C9

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Demographic Information of 96 UNIVERSITY Avenue W, Waterloo, Ontario, N2L 3C9

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$57,403.85

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

1.84 %

High school certificate or equivalent

44.01 %

Apprenticeship trade certificate/diploma

0.88 %

College/non-university certificate

7.85 %

University certificate (below bachelor)

1.23 %

University Degree

44.19 %

Commuter

Travel To Work

By Car

51.37 %

By Public Transit

25.77 %

By Walking

16.99 %

By Bicycle

2.1 %

By Other Methods

3.77 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

94.02 %

Houses

5.98 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 96 UNIVERSITY Avenue W, Waterloo, Ontario, N2L 3C9

Demographic Information of 96 UNIVERSITY Avenue W, Waterloo, Ontario, N2L 3C9

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

96 UNIVERSITY Avenue W, Waterloo, Ontario, N2L 3C9

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing