A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, city buildings view from balcony for 16 Columbia St, Waterloo Ontario N2L 3K3
3 days on Market

16 Columbia St, Waterloo, Ontario N2L 3K3

Townhouse
-
8
- sqft
$2,260,000
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Townhouse
-
8
- sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft-

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Description

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.


Property Details

StyleResidential Income
View-
Age of property-
SqFt-
Lot Size6,200 SqFt(124 x 50)
Parking Spaces4
MLS ®Number40822291
Community NameColumbia
Data SourceITSO
Listing byRE/MAX Real Estate Centre Inc.

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air

Features

Lot size: 6,200 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Apr 24, 2026
ListedActive
$2,260,000
3 days on market
history photo preview16
Listing by itso®
Property listed by RE/MAX Real Estate Centre Inc., Brokerage
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Market Data - Columbia

Geo Zone Map ThumbnailColumbia

Seller's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

26 days

Compared to

2025

14 days

2024

14 days

2023

9 days

New Listings

Past 30 days

1 listing

Compared to

2025

4 listings

2024

4 listings

2023

4 listings

Units sold

Past 30 days

1 unit

Compared to

2025

1 unit

2024

2 units

2023

3 units

Median Sold Price

Past 30 days

$455,000

Compared to

2025

$500,000

2024

$490,378

2023

$540,000


Population and Demographics

Overview

Total population 7359
Average household income $71,241

Age (%)

0 to 19
15%
20 to 34
64%
35 to 49
9%
50 to 64
7%
65 and plus
5%

Household composition (%)

Single person
40%
Multi person
32%
Single family
28%
Multi family
0%

Mother tongue (%)

English
56%
Mandarin
17%
Hindi
5%
Others
3%
Punjabi (Panjabi)
3%
Arabic
3%
Gujarati
2%
Spanish
2%
Telugu
1%

House tenancy (%)

Renters
86%
Owners
14%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget