Salehian.com 647-325-5000

96 University Avenue W

Waterloo, N2L 3C9

$19,900,000

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  • 0 bedrooms
  • 0 bathrooms
  • 27 parking
  • 5000 + sq ft

Listed 88 days ago · MLS® X13597972

About this home

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. 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. VTB 2nd may be available for a qualified buyer.

Details

Type
Multiplex
Style
Other
Size
5000 + sq ft
Lot
141.81 × 124 ft
Basement
Full
Garage
None
Kitchens
0
Property tax
$116,162 (2025)
Municipality
Waterloo

Interior

Bedrooms
0 above ground
Family room or den
No
Fireplace
No
Features
Separate Heating Controls, Separate Hydro Meter

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Exterior
Brick Veneer
Roof
Asphalt Shingle
Faces
North

Parking

Total parking
27
Driveway and parking
Covered

Lot

Size
141.81 × 124 ft

More

Possession
Flexible
Cross street
Sunview St. and Albert St.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Laurier - Waterloo Park LRT9 min walk
  • 🚇 University of Waterloo LRT11 min walk

Within a 10-minute walk: 3 grocery stores, 106 cafés and restaurants, 6 parks, 2 pharmacies. Nearest grocery: Waterloo Central Supermarket (250 m). Nearest park: Sunview park (300 m).

Schools nearby

Elementary

  • Winston Churchill Public School
    EQAO: Gr 6 reading 88%, math 56%    1.4 km
  • Our Lady of Lourdes Catholic Elementary School Catholic
    EQAO: Gr 6 reading 83%, math 45%    1.7 km
  • École élémentaire L'Harmonie French
    EQAO: Gr 6 reading 90%, math 79%    1.9 km
  • Keatsway Public School
    EQAO: Gr 6 reading 84%, math 50%    1.9 km

Secondary

  • Waterloo Collegiate Institute
    EQAO: Gr 9 math 57%, literacy test 85%    10 min walk
  • MacGregor Public School10 min walk
  • St. David Catholic Secondary School Catholic
    EQAO: Gr 9 math 67%, literacy test 97%    18 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N2L

Owners / renters
37% / 63%
Median household income
$69,500
Average age
37
Children under 15
11%
Homes
29% detached, 40% high-rise
Commute by transit
12%
Population
37,953

Languages spoken most at home besides English: Mandarin 5.5%, Arabic 1.4%, Hindi 0.9%, Punjabi (Panjabi) 0.9%.

Safety

Crime Severity Index for Waterloo Region (Kitchener) police: 67 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

To downtown Kitchener: 4 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX REAL ESTATE CENTRE INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.