Attention investors! Could this be the best cap rate available in Waterloo Region?? Recently updated and ready for a new owner, this may be the opportunity you've been looking for. This large, 9 room licensed student rental property is in the prime location of Waterloo's university core! Bordering on Wilfred Laurier property and a short walk to UofW, this student magnet is very easy to rent because it's close to everything they need! Spacious rooms, classic charm, and a prime location near all essential amenities make this a compelling addition to any investment portfolio!
Property Type:
Residential Income
Property SubType:
Rooming House
Listing General Location:
417 - Beechwood/University, 4 - Waterloo West
Bedrooms:
9
Bathrooms:
2.0
(Full:-/Half:-)
Lot Details:
50.04 x
Lot Frontage:
50'½"15.3 m
Frontage Type:
South
Lot Shape:
94.15 ft x 50.12 ft x 94.29 ft x 55.23 ft
Kitchens:
0
County Or Parish:
Waterloo
Taxes:
$9,654.26 /
-
Features:
Crops Included: No, Garage: No, New Construction: No
Construction:
Brick
Basement:
Full, Partially Finished
Foundation:
Brick/Mortar, Other
Roof:
Asphalt Shing
Number of Storeys:
2
Number of Buildings:
0
Total Floor Area:
2,519.46 sq. ft.234 m2
Finished Area Above Grade:
2,519.46 sq. ft.234 m2
Fireplace:
false
Laundry Features:
Coin Operated
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Forced Air, Natural Gas
Other,All Existing Appliances
Water Softener
All Tenants Belongings
false
No
Between Ezra and Central
No
HST Applicable To Sale Price:
Included
Association Fee 2 Frequency:
Monthly
Features:
Crops Included: No, Garage: No, New Construction: No
Electric Expense:
$2,831
Insurance Expense:
$3,425.76
Heating Expense:
$2,476.22
Leases:
Yes
Zoning:
RC1
Lot Site Features:
City Lot, Library, Major Anchor, Park, Place of Worship, Public Transit, Rec./Community Centre, Schools, Shopping Nearby
Features:
Crops Included: No, Garage: No, New Construction: No
Data was last updated July 17, 2025 at 11:50 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$1,260,900
Min list price:
$479,900
Max list price:
$1,875,000
Avg days on market:
49
Min days on market:
1
Max days on market:
101
Avg price per sq.ft.:
$394.4
These statistics are generated based on the current listing's property type
and located in
4 - Waterloo West. Average values are
derived using median calculations. This data is not produced by the MLS® system.