$579,900 FOR SALE

Condo Apartment

Bedrooms: 3Bathrooms: 2
Maintenance Fees: $721.38

8 Hickory Street W Unit# 401
Waterloo, ON N2L 3H6

$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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Listed By Royal LePage Wolle Realty
Data Provided By Cornerstone - Waterloo Region
MLS® Listing Number 40686214
Last Updated Jan 08, 2025
Property Summary
Property Type Condo Apartment

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Maintenance Fees $721.38
Subdivision 417 - Beechwood/University
Price History
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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 roomMain level5'11'' x 3'3''
Dining roomMain level8'1'' x 9'10''
Living roomMain level19'1'' x 9'10''
3pc BathroomMain level5'10'' x 5'4''
4pc BathroomMain level5'2'' x 9'5''
KitchenMain level15'5'' x 18'9''
BedroomMain level17'4'' x 9'10''
BedroomMain level19'11'' x 8'2''
Primary BedroomMain level15'0'' 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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