N2J Apartment Buildings for Sale

Apartment Buildings for Sale Within 5 kilometers of N2J

16 Columbia St W

Waterloo, ON N2L 3K3

Multifamily for Sale
$2,260,000 CAD
3,849 SF

Waterloo Multifamily for Sale - Western GGH

An exceptional opportunity to own a turnkey student rental property with a definite opportunity to increase rent as the tenants turnover, ideally situated within close proximity to two universities. This well-maintained building comprises four self-contained units across 20 bedrooms, purpose-built to meet the demands of the student rental market. Exceptionally well built and maintained, as soon as you view the building in person you can see how well this building was built. Each unit offers 5 generously proportioned bedrooms, expansive common areas, and two full bathrooms, providing the comfort and functionality today's student tenants expect. Every unit operates independently with its own furnace, central air conditioning, hot water heater, and in-suite laundry. Tenants pay their own hydro. Roof was just redone with extra income from the solar panels.

Contact:

Re/Max Real Estate Centre Inc

Property Subtype:

Apartment

Date on Market:

2026-05-15

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422 Hazel St

Waterloo, ON N2L 3P7

Multifamily for Sale
$2,400,000 CAD
7,911 SF

Air Conditioning
Controlled Access
Kitchen
Smoke Detector

Waterloo Multifamily for Sale - Western GGH

Well-maintained 11-unit multifamily property in a strong Waterloo location. Situated on a 0.35-acre lot, the building offers a practical suite mix of 6 one-bedroom and 5 two-bedroom apartments, appealing to a broad tenant base. The property features an attractive orange-brown brick exterior, complemented by mature trees at the front entrance that create a welcoming streetscape. Surface parking for tenants is conveniently located at the rear of the building. Inside, residents benefit from a shared laundry room, which also provides additional income for the owner. Located just a one-minute walk from a bus stop on Hazel Street, the property offers excellent transit access. Its central position places tenants within easy reach of Uptown Waterloo, Wilfrid Laurier University, the University of Waterloo, shopping, grocery stores, and restaurants. With its desirable unit mix, stable income, and convenient location, 422 Hazel Street presents a strong investment opportunity in a growing rental market.