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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

5 Beds

5 Baths

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Est. payment | -/mo

Save Virtual Tour

5 Beds

5 Baths

Key Details

Property Type Condo

Sub Type Condo Apartment

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2249

MLS Listing ID X13486974

Style Apartment

Bedrooms 5

Annual Tax Amount $7,483

Tax Year 2026

Property Sub-Type Condo Apartment

Property Description

Calling All Investors! Welcome to 8 Hickory Street W, Unit 203, Waterloo - the ultimate income-generating investment property in a prime student rental location within walking distance to the University of Waterloo and Wilfrid Laurier University. This renovated condo offers over 2,000 sq. ft. of functional living space with laminate flooring throughout, 5 spacious bedrooms, 5 bathrooms, an open-concept living and dining area, and a walk-out to a spacious open balcony with room for outdoor furniture and enjoyment. The modern kitchen features stainless steel appliances, granite countertops, ceramic backsplash, a centre island, 2 stainless steel fridges, lots of cabinetry/pantry space and in-suite laundry for everyday convenience. All 5 rooms are fully rented from September 2026 to August 2027, generating a gross monthly income of $4,875 (covers 5 rooms $950/each monthly & parking $125/month), with the 1 owned underground parking space providing an additional $125 per month starting Sept. 2026. Monthly condo fees include unlimited Bell high-speed internet, water, parking, common elements, building insurance, and central air conditioning. The suite comes fully furnished with 5 double-sized bed frames, 5 desks, 5 side tables, washer and dryer, 3-seater couch, 2-seater couch, TV, barstools, dining chairs, window coverings, and electrical light fixtures. Building amenities include an exercise room, party/meeting room, games room, visitor parking, secure bike storage, elevator, and controlled entry. Ideally surrounded by parks and recreation including Kevin Strauss Football Field, Ansley Alumni Field, Hillside Park, Forwell Trail & Creek, Sugarbush Park, and Waterloo Park, with nearby access to University of Waterloo, Wilfrid Laurier University, Conestoga College. Steps to Grand River Transit, and the nearby Conestoga Parkway for easy travel throughout Waterloo Region, Ontario, and the GTA.

Location

Province ON

County Waterloo

Area Waterloo

Rooms

Family Room No

Basement None

Kitchen 1

Interior

Interior Features Auto Garage Door Remote, Carpet Free, Primary Bedroom - Main Floor, Water Heater

Cooling Central Air

Inclusions All appliances (2 Stainless Steel fridges, stove, dishwasher, Maytag Washer and Dryer [2024]). Each room includes a Desk (5), side table (5) & Double-sized mattress bed frame (5)(Inclusive of mattresses for 4 of 5 rooms), 1 three-seater sofa, 1 two-seater armchair, 1 TV (32-inch), 3 barstools and 3 dining chairs, all electrical light fixtures, all window coverings and 1 parking spot included.

Laundry In-Suite Laundry, In Kitchen

Exterior

Exterior Feature Controlled Entry, Landscaped, Lighting, Year Round Living

Parking Features Underground

Garage Spaces 1.0

Amenities Available Party Room/Meeting Room, Exercise Room, Visitor Parking, Bike Storage, Game Room, Elevator

View City, Clear, Trees/Woods

Exposure North West

Total Parking Spaces 1

Balcony Open

Building

Locker None

Others

Senior Community Yes

Security Features Carbon Monoxide Detectors,Smoke Detector,Monitored

Pets Allowed Yes-with Restrictions

ParcelsYN No

Virtual Tour https://my.matterport.com/show/?m=RPWoJvsT48r

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

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8 Hickory ST W #203 Waterloo, ON N2L 3H6