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$710,000
Waterloo
#506 8 Hickory Street West, Waterloo, Ontario, N2L3H6
This 5-bedroom, 5-bathroom condo in Waterloo is for sale offering roughly 2,125 sq ft of space.
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:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 112 days on market, against an average age of 67 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 5-bed single family in Waterloo is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $710,000, about 10.2× the local median household income of $69,500.
Carrying it typically needs a household income of about $138,688 (20% down, 25-yr amortization, stress-tested) — roughly 100% above the area median.
Source: Statistics Canada, 2021 Census (FSA N2L)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice