3 days on Market

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

In the same building:
-
Condo
3
2
~1200-1399 sqft
$579,900
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Condo
3
2
~1200-1399 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$449/sqft

Est. Mortgage$2,490/mo

Maintenance fees$721/mo

Tax Amount (2024)$5,446/yr

Days On Market3 days


Description

RemarksPublic: $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. Parking spot is marked at Number 26


Property Details

StyleApartment
View-
Age of property11-15
SqFt~1200-1399 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberX11919308
Community NameColumbia
Data SourceTRREB
Listing byROYAL LEPAGE WOLLE REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Prim Bdrm

4.58 x 2.92

Dining

2.47 x 3.00

Kitchen

4.70 x 5.71

Bathroom

1.58 x 2.88

4 Pc Bath


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


4Story
Elevator
Amenities

Gym, Party/Meeting Room

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by ROYAL LEPAGE WOLLE REALTY, Brokerage

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Population and Demographics

Overview

Total population 7359
Average household income $71,241

Age (%)

20 to 34
64%
0 to 19
15%
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%

Schools and amenities

Estimated Budget