8 HICKORY Street W Unit# 401, Waterloo, Ontario, N2L3H6

Property Description

$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:64974)

Quick Facts

• Property Type: Apartment (Condo)
• Bedrooms: 3 (3 above)
• Bathrooms: 2
• Living Area: 1,376 sq ft (127.8 m²)
• Above Grade: 1,376 sq ft (127.8 m²)
• Year Built: 2013
• Ownership: Condo/Strata
• Attached: Yes
• Parking: 1 space (Underground, Covered)

Costs

• Annual Taxes: $5,844.45
• Condo/HOA Fee: $667.79 / monthly
• Includes: Common Area Maintenance, Insurance

Listing Provided by: Royal LePage Wolle Realty
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.