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$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.
1 fridge, 1 stove, 1 washer, 1 dryer
City: Waterloo

| Purchase Price | $519000 |
| Down Payment | $103800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $415200 |
| Mortgage Payment | $2559 |
| Property Taxes | $489 |
| Maintenance Fees | $721 |
| Monthly Payment | $3769 |
Sold Comparables homes near 8 Hickory St W, Unit #401, Waterloo
Located at 8 Hickory St W Unit #401, this Waterloo condo is available for sale. This property was listed for $519,000 on Mon Jan 05 2026. This condo's size is 1200-1399 Sqft. It has 3 bedrooms and 2 bathrooms. Monthly maintenance is $721 per month and taxes are approximately $5,864 annually. Views are to the East from this property. Step outside onto the open balcony. The property's amenities include Bike Storage, Elevator, Exercise Room, Games Room. The property includes the following rooms: Primary, 2nd Br, 3rd Br, Kitchen, Bathroom, Bathroom, Living, Dining, Utility. This property comes with 1 parking spots. This property also comes with a locker.
MLS#: X12660146 · $519,000 · 3 bedroom condo in Waterloo