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.
Property Type:
Residential Income
Property SubType:
Multi Family
Listing General Location:
417 - Beechwood/University, 4 - Waterloo West
Bedrooms:
0
Bathrooms:
0.0
(Full:-/Half:-)
Lot Details:
141.81 x
Lot Frontage:
141'10"43.2 m
Kitchens:
0
County Or Parish:
Waterloo
Features:
Crops Included: No, Garage: No, New Construction: No
Construction:
Brick Veneer
Basement:
Full, Finished
Roof:
Asphalt
Number of Storeys:
7
Number of Buildings:
0
Total Floor Area:
1.31 acre(s)0.53 hectare(s)
Finished Area Above Grade:
1.21 acre(s)0.49 hectare(s)
Finished Area Below Grade:
4,380 sq. ft.407 m2
Fireplace:
false
Laundry Features:
Common Area
Water Supply:
Municipal
Sewer:
Sewer (Municipal)
Cooling:
Central Air
Heating:
Forced Air, Radiant
Carbon Monoxide Detector,Hot Water Tank Owned,Smoke Detector
Hot Water Tank Owned
All Tenants Belongings.
Separate Heating Controls, Separate Hydro Meters
false
No
University Ave.W. between Sunview St. and Albert St.
No
Carbon Monoxide Detector, Smoke Detector
HST Applicable To Sale Price:
Call LBO
Features:
Crops Included: No, Garage: No, New Construction: No
Zoning:
(H)RN-12
Total Acres:
19876.76
Lot Site Features:
School Bus Route, Schools, Shopping Nearby
Features:
Crops Included: No, Garage: No, New Construction: No
Data was last updated August 8, 2026 at 11:50 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$1,248,000
Min list price:
$749,000
Max list price:
$19,900,000
Avg days on market:
107
Min days on market:
16
Max days on market:
152
Avg price per sq.ft.:
$772.92
These statistics are generated based on the current listing's property type
and located in
417 - Beechwood/University. Average values are
derived using median calculations. This data is not produced by
the MLS® system.