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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

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Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

MLS Listing ID X13597972

Style Other

Annual Tax Amount $116,162

Tax Year 2025

Property Sub-Type Multiplex

Property Description

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. VTB 2nd may be available for a qualified buyer.

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Family Room No

Basement Full

Kitchen 0

Interior

Interior Features Separate Heating Controls, Separate Hydro Meter

Cooling Central Air

Exterior

Parking Features Covered, Other

Pool None

Roof Type Asphalt Shingle

Lot Frontage 141.81

Lot Depth 124.0

Total Parking Spaces 27

Building

Foundation Other

Others

Senior Community No

Security Features Monitored,Carbon Monoxide Detectors,Security System,Smoke Detector

ParcelsYN No

Listed by RE/MAX REAL ESTATE CENTRE INC.

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96 University AVE W Waterloo, ON N2L 3C9