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Licensed Fourplex with Laundry
For Sale
$1,688,888

155 University Avenue E, ON

Waterloo, ON

Property Size3,528 SF
Price / SF$478.71
Days on Market10

Property Features for 155 University Avenue E

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 19
Bathrooms 7
Full bathrooms 7
Rooms Bedroom 10, Bedroom 16, Bedroom 9, Bedroom 2, Bedroom 6, Bedroom 18, Bedroom 5, Bedroom 1, Bedroom 14, Bedroom 13, Bedroom 4, Bedroom 7, Bedroom 12, Bedroom 3, Bedroom 19, Bedroom 17, Bedroom 11, Bedroom 8, Bedroom 15
Elementary school Lincoln Heights P.S. / St. Agnes
High school Bluevale C.I. / St. David Catholic Secondary Schoo
Standard status Active
Size 3,528 SF

Amenities

in-suite laundry
separate meters
Listing Agency: Engel & Volkers Toronto Central Kitchener Waterloo · Engel & Völkers
Listed By: Chris Xi
Added: Sep 26 Changed: Sep 28 Last Checked: Oct 5 at 12:06AM
MLS# 40864548

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This licensed fourplex contains 3,528 square feet and 19 bedrooms across four units: one with four bedrooms and three with five bedrooms each. In-suite laundry and separate meters are provided in every unit, and the property has six private parking spaces. All units are currently leased and occupied.

At 155 University Avenue E in Waterloo, the property is a two-minute walk from Conestoga College. Laurier University is 20 minutes away, and the University of Waterloo is 25 minutes away. A bus stop is at the property, and the highway entrance is a one-minute drive. Grocery stores, restaurants, parks, and walking trails are also nearby.

Key Highlights

  • 3,528 square feet with 19 bedrooms across four units
  • Unit mix: 1 x 4 Bedrooms and 3 x 5 Bedrooms
  • Six private parking spaces

Property Analytics

Current Use

Quadplexes

Lease Details

4
Residential units
100%
Occupancy
Yes
Highway access

Market

Vacancy Rate% for Multifamily in the U.S.

7.1% 2022
8.3% 2023
9.3% 2024
9.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units offer in-suite laundry and separate utility meters, with all units currently occupied.
Where is this quadplex located?
The property is located at 155 University Avenue E ON.
What is the asking price?
The asking price for this property is $1,688,888.
What are key features of this property?
This property features: 3,528 square feet with 19 bedrooms across four units; Unit mix: 1 x 4 Bedrooms and 3 x 5 Bedrooms; Six private parking spaces
More about this property
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