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Royal LePage
Royal LePage
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$519,000

8 HICKORY Street W Unit# 401, Waterloo, Ontario, N2L 3H6

MLS® # 40795246

3 Beds

2  Baths

1376  FEETSQ

QuickQuoteTM: $510K - $621K

Waterloo ON, N2L 3H6

MLS® # 40795246

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. Underground, secure parking! 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:27)

Building Features:

  • Style: Apartment
  • Building Type: Apartment
  • Amenities: Exercise Centre
  • Basement Type: None
  • Construction Style - Attachment: Attached
  • Exterior Finish: Brick
  • Fire Protection: Smoke Detectors
  • Floor Space: 1376 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dishwasher, Dryer, Refrigerator, Stove, Washer

Property Features:

  • OwnershipType: Condominium
  • Property Type: Single Family
  • Bedrooms: 3
  • Bathrooms: 2
  • Amenities Nearby: Public Transit, Schools
  • Built in: 2013
  • Condo Fees: $667 Monthly
  • Features: Corner Site, Balcony
  • Floor Space (approx): 1376 Square Feet
  • Lot Frontage: 0 Feet
  • MaintenanceFee Type: Insurance, Common Area Maintenance
  • Zoning: (H) RN-25
  • Sewer: Municipal sewage system
  • Parking Type: Underground, Covered
  • No. of Parking Spaces: 1

Rooms:

  • Utility Main Level 5'11'' x 3'3''
  • Dining Main Level 8'1'' x 9'10''
  • Living Main Level 19'1'' x 9'10''
  • Bathroom Main Level 5'10'' x 5'4''
  • 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''

REALTOR.ca  

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Location of 8 HICKORY Street W Unit# 401, Waterloo, Ontario, N2L 3H6

Demographic Information of 8 HICKORY Street W Unit# 401, 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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