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8 HICKORY Street W Unit# 404, Waterloo — listed at $479,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Exceptional investment opportunity in the heart of Waterloo! This spacious 1,399 sq ft, 3-bedroom, 2-bathroom unit features a rare 600 sq ft private terrace, offering unmatched appeal for tenants and enhancing rental value. Ideally located just steps to University Ave & King St, with strong demand from students and young professionals. Functional layout with oversized bedrooms allows for flexible rental configurations, with potential income up to $3,000/month. Includes modern finishes such as granite countertops, stainless steel appliances, in-suite laundry, and 9 ft ceilings. Quiet unit, same-floor access to amenities, and convenient stair entry. One owned parking space provides additional income potential (~$150/month). A turnkey, high-demand investment with excellent cash flow potential. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 9'7'' x 18'7'' |
| Kitchen | Main level | 19'5'' x 13'5'' |
| Laundry room | Main level | — |
| 4pc Bathroom | Main level | — |
| 3pc Bathroom | Main level | — |
| Bedroom | Main level | 9'2'' x 15'2'' |
| Bedroom | Main level | 9'5'' x 15'2'' |
| Primary Bedroom | Main level | 9'3'' x 14'2'' |
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Is this a good starter home?+
At $479,000, this is priced in starter-home territory for Waterloo. With multiple bedrooms, it has room to grow into. Factor in condo fees when calculating your true monthly cost.
Is 8 HICKORY Street W Unit# 404 a good fit for a growing family?+
With 3 bedrooms and 2 bathrooms (1399 sq ft), there's room for kids plus a guest room or home office.
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.
How is the home heated? Is it efficient?+
Heating is forced air. Ask for past utility bills to understand real heating costs.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $5,658, a condo/maintenance fee of $645.91/mo, heating is forced air. Always verify the latest figures with your agent before making an offer — these change yearly.
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