"Should I wait because if it is meant to be, it will happen."
It won't happen if you are too cowardly to be honest about your feelings. What if he is feeling the same way but also scared of losing the friendship. There's always the possibility that you will lose out if you don't say anything.
"Does he really feel the same?"
Right now, you don't know. He may not. But even if he doesn't, you have nothing to lose by expressing your interest. You'd find out that he just likes you as a friend. While that may not be what you were hoping to hear, at least you'll know where things stand. You'll be able to go back to viewing him as a friend, rather than continuing to fall for him and getting more hurt in the end.
Everyone is always so afraid to "risk the friendship" if they declare themselves and the other person doesn't feel the same.