$1,749,000
24 COLUMBIA Street W
Beds
15
Baths
6
Sqft
—
Year
—
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Waterloo. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
GROSS INCOME - $161,100.00. LEGAL TRIPLEX WITH 15 BEDROOMS & 6 BATHROOMS. Attention investors! Don’t miss this prime investment opportunity—centrally located at a walking to University of Waterloo & Wilfrid Laurier University, close to major tech companies, future hospital close to University of Waterloo, Conestoga Mall and few minutes drive to Hwy 85. ALWAYS RENTED!!! This triplex features three spacious 5- bedroom units, each with 2 full bathrooms, totaling 15 bedrooms and 6 bathrooms. Seize this chance to grow your portfolio! (id:65958)
- Subtype
- Multi-family
- Structure
- Triplex
- Community
- 417 - Beechwood/University
- Common interest
- Freehold
- Living area
- 4,500 square feet
- Parking
- 6 total
- Stories
- 2
- On market
- Apr 23, 2026
- Status changed
- Apr 23, 2026
- Annual tax
- $15,486.4
- Zoning
- MR-6
- Photos
- 50
- MLS#
- 40823673
- Area
- WATERLOO
Features and systems
Parking
Basement
Heating
Cooling
Exterior
Foundation
Lot
Cash on cash
-6.33%
Cap rate
3.60%
GRM
16.7
Break-even rent
$10,692
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.