151 University Avenue, Waterloo, ON
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Welcome to this remarkable Other fourplex located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,499,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 8 Bathrooms with 4 functional kitchens
- Generous living space spanning 5000 + sqft on a premium 64 x 159 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient other configuration
- Notable attributes: Central Vacuum
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
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A great investment opportunity for a student apartment building in the core strip of Waterloo. It is close to three universities: 2.2 km to the UW, 1.2 km to WLU, and 0.4 km to Conestoga College, with direct bus Route 202 to all schools. The lot measures 64.05 x 158.65 feet, zoned MU20, with potential for higher-level building in the near future.This fourplex student building includes 20(4X5) bedrooms, 8 (4X2) bathrooms, and 4 (4X1) kitchens. There is a separate laundry room with coin-operated machines. The property offers 7 parking spots, an AC and central heating system. All kitchens are newly renovated; the roof was replaced in 2017, and all equipment is in great working condition.Built in 2002 specifically for students, no renting license is required. It has been operated and maintained by the owner who has since moved to BC.The total gross income for the past three years has been over $200K annually (excluding parking and laundry income). For serious buyers, the lease list can be provided. The annual fixed costs are about $40,000 excluding mortgage interest. Its fully leased now with on-call maintenance staff and 24hrs emergency contact. Don't miss your chance to explore this investment property !
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Property Summary
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This fourplex located at 151 University Avenue, Waterloo is currently for sale and has been available on SousaSells for 699 days. This property is listed at $2,499,900 with an estimated mortgage of $8,321* per month. It has 0 beds, 8 bathrooms, and is 5000 + square feet. 151 University Avenue, Waterloo
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Waterloo.
- •8 well-appointed bathrooms
- •5000 + sqft of generous functional square footage
- •Desirable Fourplex architecture in Waterloo
First-time home buyers, professionals, or investors seeking value.
Key Features
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Additional Details
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Property Details
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Parking & Garage
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Heating & Cooling
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Features
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Property Features
None listed
Interior Features
- Central Vacuum
Security Features
None listed
Community Features
None listed
Property History
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No historical data available for this property.
This could be the first listing for this address.
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This property at 151 University Avenue, Waterloo, ON has closed. If you own a home on this street or nearby in Waterloo, recent market trends and verified sold prices directly determine your home equity.
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Frequently Asked Questions about 151 University Avenue, Waterloo, ON
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Q.What is the asking price for 151 University Avenue, Waterloo, ON ?
The current listing price for 151 University Avenue, Waterloo, ON in Waterloo is $2,499,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 8 bathrooms across approximately 5000 + sqft.
Q.What property type and architectural style is 151 University Avenue, Waterloo, ON ?
151 University Avenue, Waterloo, ON is a Fourplex (Other) featuring a Apartment basement.
Q.What interior features are included in this home?
Interior highlights include: Central Vacuum.
Q.Is parking available at this property?
Yes, this property offers parking space for 7.0 vehicles (Other).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
Location
Neighborhood Safety & Crime Analytics
Waterloo, Waterloo
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 151 University Avenue E, Waterloo, ON N2J 2W4
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Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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