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Pemberton Holmes Ltd.

mihom.ca is operated by Dan Robbins, REALTOR®, Pemberton Holmes Ltd.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listing data via CREA's DDF®. about · terms of use · privacy · © 2026 mihom.

96 UNIVERSITY Avenue W
homes for sale · Waterloo · Beechwood/University
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$19,900,000

96 UNIVERSITY Avenue W

Beechwood/University, Waterloo · MLS® 40849492

27

57,114 sq ft · House · Multi-family · 93 days on market

listed by DAN OPENSHAW, RE/MAX Real Estate Centre Inc.

realtor's description

Set at the corner of University Avenue West and Albert Street, this six-storey building occupies arguably the most strategic address in the Waterloo student housing market — directly across the street from Wilfrid Laurier University and steps from the University of Waterloo. The building's art deco character sets it apart from the moment you arrive. From its distinctive art deco facade to thoughtfully designed interiors featuring California ceilings, oversized stairwells and hallways, and custom cabinetry throughout, this is a property built with intention. Purpose-built in 2012 for student accommodation and fully occupied since completion, the diversified unit mix of five-bedroom, four-bedroom, three-bedroom, and two-bedroom suites is tailored for group co-tenancy — keeping turnover low and income highly predictable. Each suite is appointed with generous kitchens featuring dual fridges and a dishwasher, spacious carpeted bedrooms, and full 4-piece bathrooms. Lower-level suites benefit from in-floor heating, while all units are served by central air conditioning and forced air systems for year-round comfort. VTB 2nd may be available for a qualified buyer. Building amenities are equally well-considered: elevator access, controlled entry, 24/7 CCTV surveillance, an on-site management office to handle tenant needs and maintenance requests, in-building laundry, and both indoor and outdoor parking round out an offering that tenants consistently renew and investors rarely let go.

property details

type
House, Multi-family
living area
57,114 sq ft
parking
27
property tax
$118,000 / yr
days on market
93
MLS®
40849492

features

  • School Bus

monthly cost

$96,536/mo
Mortgage $86,702 · Tax $9,833

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$86,702/ monthly
loan $15,920,000
25-year amortization
total interest
$10,090,717
cash to close
$3,980,000
down payment; transfer tax and fees not included
total paid
$26,010,717

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Beechwood/University, WaterlooGoogle Maps ↗

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listed by
DAN OPENSHAW
RE/MAX Real Estate Centre Inc.
call DAN · 519-741-0950
Powered by: REALTOR.ca

similar homes nearby

location

Beechwood/University, WaterlooGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

nothing comparable on the market right now.