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506 - 8 HICKORY STREET W, Waterloo — listed at $710,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Amazing Investment Opportunity In A Desirable Waterloo Condo - A Student Housing Located Within Walking Distance To The University Of Waterloo & Wilfrid Laurier University. Over 2,000 square feet of functional living space. Carpet-Free Unit Comes Equipped With 5 Spacious Bedrooms, Each Generous In Size And Including Their Own Bathroom, An Open-concept Living and Dining Area, and a Walk/Out to a Spacious Open Balcony. Stainless Steel Appliances, Dishwasher, Washer & Dryer. Unit & Parking Are Rented and Generate a Strong Income, However One Bedroom Can Be Vacant if Needed. Monthly Condo Fees Include Unlimited Bell high-Speed Internet, Water, Parking, Common Elements, Building Insurance, & Central Air Conditioning. The Suite Comes Fully Furnished. The Buildings Modern Exterior Includes An Enclosed Seating Area, Is Wheelchair Accessible And Has A Secured Entrance. Building Amenities Include an Exercise Room, Party/Meeting Room, Games Room, Visitor Parking & Bike Storage, Elevator, and Controlled Entry. Ideally Surrounded by Parks and Recreation. Located Steps to Grand River Transit, and the nearby Conestoga Parkway for Easy Travel Throughout Waterloo Region, Ontario, and the GTA. Some Pictures Use Virtual Staging. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 4.52 x 4.9 meters |
| Dining room | Main level | 4.52 x 4.9 meters |
| Kitchen | Main level | 4.44 x 4.9 meters |
| Primary Bedroom | Main level | 7.47 x 3.02 meters |
| Bedroom 2 | Main level | 7.47 x 2.92 meters |
| Bedroom 3 | Main level | 7.19 x 2.92 meters |
| Bedroom 4 | Main level | 7.47 x 3.02 meters |
| Bedroom 5 | Main level | 7.47 x 2.92 meters |
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $7,604, a condo/maintenance fee of $779.94/mo, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is 506 - 8 HICKORY STREET W a good fit for a growing family?+
With 5 bedrooms and 5 bathrooms, there's room for kids plus a guest room or home office.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What do the condo/maintenance fees cover?+
The $779.94/mo fee covers: Common Area Maintenance, Insurance, Parking.
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