Rare chance to own a contemporary, purpose-designed eight-unit building in one of the most sought-after student rental pockets in the city. Wilfrid Laurier's campus sits practically at your doorstep — the Science and Athletic facilities are a short stroll away, making this an easy walk for every tenant. Location like this simply doesn't come available often.
Every suite is thoughtfully appointed with its own hydro and gas metering, two full bathrooms, and the added convenience of laundry right in the unit. Spacious shared areas round out the layout. The property has been carefully looked after under hands-on ownership, and each resident is secured on a signed lease agreement.
The numbers work: this asset produces positive cash flow at today's lending rates, delivering dependable returns from day one. There's room to grow revenue further as units turn over, offering built-in upside for the incoming owner. It's a natural fit for an experienced operator who appreciates the reliability of housing situated within arm's reach of a major university.
Property Type:
Residential Income
Property SubType:
Multi-6-9 Unit
Listing General Location:
116 - Glenridge/Lincoln Heights, 1 - Waterloo East
Data was last updated August 5, 2026 at 01:50 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$799,000
Min list price:
$475,000
Max list price:
$4,990,000
Avg days on market:
22
Min days on market:
9
Max days on market:
90
Avg price per sq.ft.:
$437.86
These statistics are generated based on the current listing's property type
and located in
1 - Waterloo East. Average values are
derived using median calculations. This data is not produced by
the MLS® system.