45 COLUMBIA STREET W, Waterloo — photo 2

45 COLUMBIA STREET W, Waterloo — photo 3

45 COLUMBIA STREET W, Waterloo — photo 4

45 COLUMBIA STREET W, Waterloo — photo 5

45 COLUMBIA STREET W, Waterloo — photo 6

45 COLUMBIA STREET W, Waterloo — photo 7

45 COLUMBIA STREET W, Waterloo — photo 8

45 COLUMBIA STREET W, Waterloo — photo 9

45 COLUMBIA STREET W, Waterloo — photo 10

45 COLUMBIA STREET W, Waterloo — photo 11

45 COLUMBIA STREET W, Waterloo — photo 12

45 COLUMBIA STREET W, Waterloo — photo 13

45 COLUMBIA STREET W, Waterloo — photo 14

45 COLUMBIA STREET W, Waterloo — photo 15

45 COLUMBIA STREET W, Waterloo — photo 16

45 COLUMBIA STREET W, Waterloo — photo 17

45 COLUMBIA STREET W, Waterloo — photo 18

45 COLUMBIA STREET W, Waterloo — photo 19

45 COLUMBIA STREET W, Waterloo — photo 20

45 COLUMBIA STREET W, Waterloo — photo 21

45 COLUMBIA STREET W, Waterloo — photo 22

45 COLUMBIA STREET W, Waterloo — photo 23

45 COLUMBIA STREET W, Waterloo — photo 24

45 COLUMBIA STREET W, Waterloo — photo 25

45 COLUMBIA STREET W, Waterloo — photo 26

45 COLUMBIA STREET W, Waterloo — photo 27

45 COLUMBIA STREET W, Waterloo — photo 28

45 COLUMBIA STREET W, Waterloo — photo 29

45 COLUMBIA STREET W, Waterloo — photo 30

45 COLUMBIA STREET W, Waterloo — photo 31

45 COLUMBIA STREET W, Waterloo — photo 32

45 COLUMBIA STREET W, Waterloo — photo 33

45 COLUMBIA STREET W, Waterloo — photo 34

45 COLUMBIA STREET W, Waterloo — photo 35

45 COLUMBIA STREET W, Waterloo — photo 36

45 COLUMBIA STREET W, Waterloo — photo 37

45 COLUMBIA STREET W, Waterloo — photo 38

45 COLUMBIA STREET W, Waterloo — photo 39

45 COLUMBIA STREET W, Waterloo — photo 40

45 COLUMBIA STREET W, Waterloo — photo 41

45 COLUMBIA STREET W, Waterloo — photo 42

45 COLUMBIA STREET W, Waterloo — photo 43

45 COLUMBIA STREET W, Waterloo — photo 44

45 COLUMBIA STREET W, Waterloo — photo 45

45 COLUMBIA STREET W, Waterloo — photo 46

45 COLUMBIA STREET W, Waterloo — photo 47

45 COLUMBIA STREET W, Waterloo — photo 48

45 COLUMBIA STREET W, Waterloo — photo 49

45 COLUMBIA STREET W, Waterloo — photo 50

1/50

Business For Sale · Multifamily

45 COLUMBIA STREET W, Waterloo

45 COLUMBIA STREET W, Waterloo, ON N2L3K4

$7.0M total

—

Asset Class

Multifamily

Size

—

Building class

Zoning

RA9 — High Rise

$ / SF

—

Occupancy

99%

About this property

Built in 2011 Exceptional Investment Opportunity in the Heart of Waterloo! Ideally situated between Wilfrid Laurier University and the University of Waterloo, this impressive multi-residential/student housing property offers outstanding income potential in one of Waterloo's most sought-after student rental locations. , the building features 13 spacious units with a total of 65 bedrooms, offering significant potential to capitalize on the area's strong student housing demand. Each generously sized suite features 5 bedrooms, 2 bathrooms, spacious common areas, large hallways, ceramic and laminate flooring, dark cabinetry and Juliette balconies. Additional highlights include energy-efficient HVAC systems in each unit, separate hydro and gas meters, secure entry with video surveillance, onsite coin-operated laundry and dedicated bike storage. Surrounded by shopping malls, restaurants, entertainment and convenient public transit, this prime location places residents just moments from two major universities. A rare opportunity to invest in a substantial multi-residential property in a thriving university market with excellent long-term potential! Annual Fire Inspection Certificate 2026 Digital Keys and Lock Replacement 2026 Roof Inspection & Maintenance 2026 Replacement of 19 Windows 2025 Water Tank Replacement for the 13 units 2024 Debit/Credit Laundry Machine Replacement 2020 Whole Property Painting (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate

Purchase price$6.99M

Down payment30% · $2.10M

Interest rate6.25%

Amortization25 years

Occupancy99%

Expense growth2.5%

Monthly debt service

$32K

Projected NOI

$356K

Annual cash flow

$-32K

Cash-on-cash

-1.51%

DSCR

0.92

Going-in cap

5.09%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

127,163

Households

44,578

Median income

$69,500

Median age

40.3

Daytime population

197,909

5-yr growth

7.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 45 COLUMBIA STREET W, Waterloo.

NDA required

Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.