Re-listed 29 days ago

8 Hickory St #401, Waterloo, Ontario N2L 3H6

In the same building:
-
Condo
3
2
~1400-1599 sqft
$•••,•••
$559,900
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Condo
3
2
~1400-1599 sqft

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Highlights

Property Estimate

Days on market29 days

Total days on market
189 days

Estimated valueNot available

Price/Sqft$375/sqft

Monthly cost

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CMA Subject Property

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+15

Properties sold*

$509K

Median sold price*

*Based on last 30 days

Description

$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 re-leased until at least the end of August 2026.


Property Details

Style1 Storey/Apt
ViewCity
Age of property11-15
SqFt~1400-1599 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX12223536
Community NameColumbia
Data SourceTRREB
Listing byROYAL LEPAGE WOLLE REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Primary

4.57 x 2.92

2nd Br

6.07 x 2.49

3rd Br

5.28 x 3.0

Kitchen

4.7 x 5.72


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


4Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Market Data - Columbia

Geo Zone Map ThumbnailColumbia

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

51 days

Compared to

2024

42 days

2023

34 days

2022

24 days

New Listings

Past 30 days

60 listings

Compared to

2024

50 listings

2023

49 listings

2022

68 listings

Units sold

Past 30 days

17 units

Compared to

2024

15 units

2023

25 units

2022

32 units

Median Sold Price

Past 30 days

$443,000

Compared to

2024

$508,500

2023

$467,000

2022

$486,500


Population and Demographics

Overview

Total population 7359
Average household income $71,241

Age (%)

0 to 19
15%
20 to 34
64%
35 to 49
9%
50 to 64
7%
65 and plus
5%

Household composition (%)

Single person
40%
Multi person
32%
Single family
28%
Multi family
0%

Mother tongue (%)

English
56%
Mandarin
17%
Hindi
5%
Others
3%
Punjabi (Panjabi)
3%
Arabic
3%
Gujarati
2%
Spanish
2%
Telugu
1%

House tenancy (%)

Renters
86%
Owners
14%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget