96 University Avenue W, Waterloo, ON N2L 3C9
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96 University Avenue W, Waterloo, ON N2L 3C9
96 University Avenue W, Waterloo, ON N2L 3C9
96 University Avenue W, Waterloo, ON N2L 3C9
96 University Avenue W, Waterloo, ON N2L 3C9
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Listed by Dan Openshaw • RE/MAX Real Estate Centre Inc.
$ 19,900,000
Est. payment /mo
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Active

96 University Avenue W Waterloo, ON N2L 3C9

52,734 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 52,734 sqft

Price per Sqft $377

MLS Listing ID 40849492

Abv Grd Liv Area 57,114

Annual Tax Amount $118,000

Property Sub-Type Multi Family

Source Cornerstone

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. 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.

Location

Province ON

County Waterloo

Area 4 - Waterloo West

Zoning (H)RN-12

Direction University Ave.W. between Sunview St. and Albert St.

Rooms

Basement Full, Finished

Kitchen 0

Interior

Interior Features Separate Heating Controls, Separate Hydro Meters

Heating Forced Air, Radiant

Cooling Central Air

Fireplace No

Appliance Hot Water Tank Owned

Laundry Common Area

Exterior

Roof Type Asphalt

Lot Frontage 141.81

Garage No

Building

Lot Description School Bus Route, Schools, Shopping Nearby

Faces University Ave.W. between Sunview St. and Albert St.

Story 7

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 6

Structure Type Brick Veneer

New Construction No

Others

Senior Community No

Tax ID 223630286

Ownership Freehold/None


LOCATION

Alex Stepanoski

Alex Stepanoski

Real Estate Agent

+1(647) 896-6442

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96 University Avenue W