45 Columbia Street W

About this Property

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.

Listing Details

MLS #

40877039

Board

ITSO

Market

ontario

Property Type

Building and Land

Style

Commercial Sale

Parking Spaces

13

Basement

None

Lot Size

100.12 × 136.28 ft

Annual Taxes

$59,919/yr

Listed By

Royal Lepage Real Estate Services Ltd

Presented By

REMAX Hallmark®

Listed On

November 10, 2026

Days on Market

0