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    For Sale - 96 University Avenue, Waterloo, Ontario

    Est payment $95,558/mo
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    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.
    Listing IDX13597972
    Address96 University Avenue
    CityWaterloo, Ontario
    Price$19,900,000
    StyleOther, Multiplex
    ConstructionBrick Veneer
    TypeMulti-Family
    StatusFor Sale

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

    Parking 27.00
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    Listing Agency:  RE/MAX REAL ESTATE CENTRE INC.

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    96 University Avenue
    Waterloo , Ontario
    $19,900,000
    Get more info