Property Details

96 UNIVERSITY Avenue W, Waterloo, Ontario, N2L3C9

96 UNIVERSITY Avenue W, Waterloo, Ontario, N2L3C9 (ID 40849492)
Representative
Dave Roach portrait
Dave Roach
Broker
Red and White Realty Inc. Brokerage
Cell: 519-772-4140
Tel: 519-570-4447

$19,900,000 - For sale

ID#:40849492

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. VTB 2nd may be available for a qualified buyer. 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. (id:2471)

Location DescriptionUniversity Ave.W. between Sunview St. and Albert St.

Property Details
  • Property Address:96 UNIVERSITY Avenue W, Waterloo, Ontario, N2L3C9
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:under 1/2 acre
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Driveway:Covered, Open
  • Parking Space Total:27
Structure Details for 96 UNIVERSITY Avenue W, Waterloo, Ontario, N2L3C9
  • Floor Space:57114 sqft
  • Heating Type:Forced air, Radiant heat
  • Storeys:6
  • Basement Type:Full (Finished)
  • Cooling Type:Central air conditioning
  • Exterior Type:Brick Veneer
Amenities for 96 UNIVERSITY Avenue W, Waterloo, Ontario, N2L3C9 School Bus
  • Amenities Nearby:Schools, Shopping
Representative
Dave Roach portrait
Dave Roach
Broker
Red and White Realty Inc. Brokerage
Cell: 519-772-4140
Tel: 519-570-4447
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96 UNIVERSITY Avenue W, Waterloo, Ontario, N2L3C9

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