$3105 Gross Monthly Income with tenants covering electricity costs. This exceptional, nearly 1400 sq ft, three-bedroom suite offers contemporary student living just steps from Wilfrid Laurier University (WLU) and a short walk to the University of Waterloo. Located in a stylish, well-maintained building that students love for its vibrant, trendy atmosphere. Key features of the building include: secure bike storage, a second-floor lounge, and a fitness room. Parents will appreciate the controlled entry system (accessible via tenants' smartphones) and security cameras throughout for peace of mind. The spacious suite is designed with modern touches, featuring granite countertops and contemporary laminate flooring throughout. With high ceilings and oversized bedrooms, this is the ultimate student living space. Enjoy an in-suite laundry and tenant-controlled climate for added convenience. The primary bedroom includes a walk-in closet and a luxurious ensuite for ultimate comfort. The suite also boasts an expansive, southern-facing balcony — perfect for outdoor relaxation. This is an ideal opportunity for an investor seeking a turn-key student income property or a savvy parent who instead of paying The Landlord wants to Be the Landlord. The unit is leased until the end of August 2025, with the current tenants having signed a termination agreement. (id:47423)
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Detailed Information
Bedrooms
3
Bathrooms
2
Amenities Nearby
Place of Worship, Public Transit, Schools
Equipment
Water Heater
Features
Corner Site, Balcony
Listing Contract Date
2025-01-08
Location Description
Corner of Hickory Street West and Spruce Street, 5 minute walk to WLU, 20 minute walk to UW
Maintenance Fee Payment Frequency
Monthly
Maintenance Fee Type
Insurance, Common Area Maintenance, Water
Ownership Type
Condominium
# of Parking Spaces
1
Property Type
Single Family
Rental Equipment
Water Heater
Transaction Type
For sale
Zoning Description
(H) RN-25
Building
Amenities
Exercise Centre
Appliances
Dryer, Refrigerator, Stove, Washer
Basement Type
None
Constructed Date
2013
Construction Style (Attachment)
Attached
Cooling Type
Central air conditioning
Exterior Finish
Brick
Fire Protection
Smoke Detectors
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
1
Type
Apartment
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Utility room
Main level
5'11'' x 3'3''
Dining room
Main level
8'1'' x 9'10''
Living room
Main level
19'1'' x 9'10''
3pc Bathroom
Main level
5'10'' x 5'4''
4pc Bathroom
Main level
5'2'' x 9'5''
Kitchen
Main level
15'5'' x 18'9''
Bedroom
Main level
17'4'' x 9'10''
Bedroom
Main level
19'11'' x 8'2''
Primary Bedroom
Main level
15'0'' x 9'7''
Parking Spaces
Name
Spaces
Underground
Covered
Land
Total Size
Unknown
Amenities
Place of Worship, Public Transit, Schools
Sewer
Municipal sewage system
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