Contemporary building exterior featuring a stone and stucco facade, large windows, an inviting entrance with a canopy, and mature landscaping Features: apartment complex view

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Multi-story building with a flat roof and a dark facade Features: apartment complex view

Building entrance featuring glass block accents, double entry doors, and overhead lighting Features: fire alarm

Open-concept living area featuring wood-finish flooring, a contemporary ceiling light fixture, a sliding glass door, and neutral wall tones Features: vent, drywall, wood finish floor, baseboards wall, textured ceiling, tv

Bright bedroom featuring a single window, neutral wall paint, and light-toned carpet flooring Features: tv, baseboards wall, office area, drywall, carpet, vent, natural light

Built-in wood-finish shelving unit with integrated clothing rod and drawers Features: drywall, closet, carpet, textured ceiling, office area

Bathroom vanity featuring a light wood-finish cabinet with silver hardware, a neutral countertop, and an integrated oval sink with a chrome faucet Features: drywall, baseboards wall, tile floor, sink, vent, vanity

Carpeted room featuring a white ceiling with recessed lighting, light-toned walls, and a window with blinds Features: carpet, vent, office area, textured ceiling, natural light, baseboards wall, drywall

Carpeted bedroom with a window featuring vertical blinds, a ceiling-mounted light fixture, and a built-in wall shelf Features: natural light, drywall, baseboards wall, office area, carpet, vent

Bathroom featuring a light-toned wood-finish vanity with an integrated sink and ample counter space, a large wall-mounted mirror, and a white toilet Features: tile floor, sink, vanity, toilet, drywall, baseboards wall, full bathroom

Spacious kitchen and dining area featuring wood-finish flooring, recessed lighting, light wood cabinetry, and a breakfast bar with built-in power outlets Features: microwave, kitchen bar, kitchen island, kitchen peninsula, range hood, recessed lighting, countertops, wood finish floor, sink, refrigerator, track lighting, baseboards wall, u shaped kitchen, light brown cabinets, range oven, drywall

Bright living area featuring wood-finish flooring, neutral-toned walls, a large window providing natural light, and recessed lighting Features: baseboards wall, wood finish floor, drywall, textured ceiling, vent, tv

Open-concept kitchen featuring light-tone cabinetry, a central island with breakfast bar seating, recessed lighting, and wood-finish flooring Features: wood finish floor, vent, countertops, recessed lighting, sink, pendent fire sprinkler, drywall, kitchen peninsula, dishwasher, range oven, kitchen bar, kitchen island, track lighting, range hood, shaker cabinets, light brown cabinets, refrigerator, opens to living area

Open-concept living area featuring wood-finish flooring, white walls, and contemporary ceiling lighting Features: natural light, textured ceiling, baseboards wall, wood finish floor, drywall

Bathroom featuring a vanity with an integrated sink, a wall-mounted mirror, and overhead lighting Features: vanity, combined bath shower, mirror, drywall, toilet, full bathroom, sink

Kitchen featuring wood-finish flooring, light wood cabinetry, white appliances, and a built-in breakfast bar Features: drywall, range hood, recessed lighting, baseboards wall, microwave, track lighting, range oven, kitchen bar, wood finish floor, countertops, light brown cabinets, sink, refrigerator, kitchen peninsula, shaker cabinets, u shaped kitchen

Living area featuring wood-finish flooring, a light blue accent wall, a window with horizontal blinds, a ceiling-mounted light fixture, and a built-in closet Features: drywall, baseboards wall, wood finish floor, tv, vent, textured ceiling, natural light

Open-concept living area featuring wood-finish flooring, recessed lighting, and a kitchen with light wood cabinetry and a breakfast bar Features: range hood, drywall, range oven, baseboards wall, wood finish floor, u shaped kitchen, textured ceiling, recessed lighting, microwave, tv, track lighting, refrigerator

U-shaped kitchen featuring wood-finish flooring and track lighting Features: shaker cabinets, range oven, textured ceiling, range hood, wood finish floor, sink, dishwasher, track lighting, drywall, kitchen peninsula, recessed lighting, light brown cabinets, kitchen bar, countertops, refrigerator

Living area featuring wood-finish flooring, white walls, a large window providing ample natural light, a ceiling-mounted light fixture, and white baseboards Features: textured ceiling, tv, wood finish floor, baseboards wall, drywall, vent, natural light

Spacious living area featuring wood-finish flooring, a large window, and white walls Features: natural light, drywall, tv, baseboards wall, wood finish floor, vent, textured ceiling

Full bathroom featuring a single vanity with a laminate countertop, undermount sink, and wood-finish cabinetry Features: drywall, vent, combined bath shower, toilet, sink, vanity, full bathroom, tile floor

Carpeted room featuring a window with vertical blinds, light-toned walls, and a ceiling-mounted light fixture Features: baseboards wall, office area, carpet, vent, drywall, natural light

Integrated kitchenette with light-toned cabinetry, mosaic tile backsplash, and a stainless steel sink Features: built in desk, drywall, recessed lighting, pendent fire sprinkler, sink, wood finish floor, tv, built in shelves, textured ceiling

Utility room featuring a large electrical meter bank, extensive conduit wiring, and a concrete floor Features: electric meter, electric panel, basement

Utility room featuring multiple water heaters, water filtration tanks, and extensive plumbing infrastructure Features: water heater, basement, water expansion tank

Utility room featuring extensive piping, gauges, and white-painted walls Features: water expansion tank, refrigerator, basement, water heater

Multiple wall-mounted boilers with associated plumbing and control panels Features: water heater, basement

Dedicated laundry area featuring multiple stacked washer and dryer units, a utility sink, and wood-finish cabinetry Features: pendent fire sprinkler, laundry, vent, recessed lighting, stacked washer dryer, sink

Image quality insufficient for description Features: parking garage

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For Sale - 96 University Avenue, Waterloo, Ontario

96 University Avenue

Waterloo , Ontario

$19,900,000

Est payment $95,558/mo

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Time on Jump 63 day

AI Summary *

Strategic location directly across from two major universities.
Unique art deco design with intentional and customizable interiors.
Diverse mix of units tailored for group living and low turnover.
Modern kitchens with dual fridges and dishwashers in each suite.
Comprehensive amenities include 24/7 surveillance and on-site management.

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Purchase Price

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Down Payment:
$ 995,000 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

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.

Listing IDX13597972

Address96 University Avenue

CityWaterloo, Ontario

Price$19,900,000

StyleOther, Multiplex

ConstructionBrick Veneer

TypeMulti-Family

StatusFor Sale

Extras

Subtype MultiplexIndoor Features Separate Heating Controls, Separate Hydro MeterOwnership FreeholdBasement FullFoundation OtherHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

Market Info

Parking 27.00

Listing Agency:
RE/MAX REAL ESTATE CENTRE INC.

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Listing Agency:
RE/MAX REAL ESTATE CENTRE INC.

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For Sale - 96 University Avenue, Waterloo, Ontario

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