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172 REGINA Street N
Waterloo Ontario N2J3B3 Canada

$4,990,000

Active Listing ID 40851244
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8,930 square feet
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Multi-family

$4,990,000

Active Listing ID 40851244
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172 REGINA Street N Rare chance to own a contemporary, purpose-designed eight-unit building in one of the most sought-after student rental pockets in the city. Wilfrid Laurier's campus sits practically at your doorstep — the Science and Athletic facilities are a short stroll away, making this an easy walk for every tenant. Location like this simply doesn't come available often. Every suite is thoughtfully appointed with its own hydro and gas metering, two full bathrooms, and the added convenience of laundry right in the unit. Spacious shared areas round out the layout. The property has been carefully looked after under hands-on ownership, and each resident is secured on a signed lease agreement. The numbers work: this asset produces positive cash flow at today's lending rates, delivering dependable returns from day one. There's room to grow revenue further as units turn over, offering built-in upside for the incoming owner. It's a natural fit for an experienced operator who appreciates the reliability of housing situated within arm's reach of a major university. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Features
  • Cooling System: Central air conditioning
  • Exterior Finish: Brick
  • Heating Systems: Forced air, Natural gas
  • Additional Features
  • Basement
Listing Changed: 7/27/2026 3:30:06 PM GMT
Source Updated Date: 8/6/2026 4:19:47 AM GMT

Courtesy of: DAN OPENSHAW, Salesperson, RE/MAX Real Estate Centre Inc.