401 - 8 HICKORY STREET W , Waterloo Ontario N2L3H6

Sale $519,000  | 
Listing # X12660146
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Jen Lema

Jen Lema

Salesperson/REALTORĀ®

Phone: 519.578.7300
Fax: 519.742.9904
Mobile: 647.200.8677

soldwithjenlema@gmail.com
jenlema.ca

Royal LePage Wolle Realty, Brokerage (Independently owned and operated)

Brokerage

71 Weber STREET EAST
Kitchener,  ON N2H1C6

Remarks:

$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)

Condo : Apartment

Condo Fees: $667.79 Monthly
No. of Parking Spaces: 1
Floor Space (approx): 1200 - 1399 Square Feet
Bedrooms: 3
Bathrooms (Total): 2
Zoning: (H) RN-25

Property Features:

Amenities Nearby: Schools , []
Community Features: Pets Allowed With Restrictions
Equipment Type: Water Heater - Gas , Water Heater
Features: Level lot , Flat site , Elevator , Balcony , In suite Laundry
Maintenance Fee Type: [] , Insurance , Common Area Maintenance
Ownership Type: Condominium/Strata
Parking Type: Underground , Garage
Property Type: Single Family
Rental Equipment Type: Water Heater - Gas , Water Heater

Building Features:

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

Rooms

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