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Royal LePage
Royal LePage
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$519,000

401 - 8 HICKORY STREET W, Waterloo, Ontario, N2L 3H6

MLS® # X12660146

3 Beds

2  Baths

1200 - 1399  FEETSQ

QuickQuoteTM: $407K - $545K

Waterloo ON, N2L 3H6

MLS® # X12660146

Property Information:

$2850 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. Lease in place until end of August, 2026. Tenants have provided termination notice allowing for owner occupancy if desired. (id:7525)

Building Features:

  • Style: Apartment
  • Building Type: Apartment
  • Amenities: Exercise Centre, Recreation Centre, Separate Hydro Meters
  • Basement Type: None
  • Exterior Finish: Concrete
  • Fire Protection: Controlled entry
  • Floor Space: 1200 - 1399 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Garage door opener remote, Dryer, Stove, Washer, Refrigerator

Property Features:

  • OwnershipType: Condominium/Strata
  • Property Type: Single Family
  • Bedrooms: 3
  • Bathrooms: 2
  • Amenities Nearby: Schools
  • Community Features: Pets Allowed With Restrictions
  • Condo Fees: $721 Monthly
  • Features: Level lot, Flat site, Elevator, Balcony, In suite Laundry
  • Floor Space (approx): 1200 - 1399 Square Feet
  • MaintenanceFee Type: Insurance, Common Area Maintenance
  • Zoning: (H) RN-25
  • Parking Type: Underground, Garage
  • No. of Parking Spaces: 1

Rooms:

  • Primary Bedroom Main Level 4.57 m x 2.92 m
  • 2nd Bedroom Main Level 6.07 m x 2.49 m
  • 3rd Bedroom Main Level 5.28 m x 3.00 m
  • Kitchen Main Level 4.70 m x 5.72 m
  • Bathroom Main Level 1.57 m x 2.87 m
  • Bathroom Main Level 1.78 m x 1.63 m
  • Living Main Level 5.82 m x 3.00 m
  • Dining Main Level 2.46 m x 3.00 m
  • Utility Main Level 1.80 m x 0.99 m

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Location of 401 - 8 HICKORY STREET W, Waterloo, Ontario, N2L 3H6

Demographic Information of 401 - 8 HICKORY STREET W, Waterloo, Ontario, N2L 3H6

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$65,862.89

Average Number of Children

1.49

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

4.76 %

High school certificate or equivalent

40.61 %

Apprenticeship trade certificate/diploma

1.33 %

College/non-university certificate

9.56 %

University certificate (below bachelor)

2.08 %

University Degree

41.64 %

Commuter

Travel To Work

By Car

56.59 %

By Public Transit

22.58 %

By Walking

14.86 %

By Bicycle

1.1 %

By Other Methods

4.87 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

88.88 %

Houses

11.12 %

Own Vs. Rent

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