8 HICKORY Street W Unit# 404

Beechwood/University, Waterloo · MLS® 40869562

321

1,399 sq ft · Condo · Single Family · 18 days on market

listed by Lin Yao, SOLID STATE REALTY INC.

realtor's description

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.

property details

type: Condo, Single Family
bedrooms: 3
bathrooms: 2
living area: 1,399 sq ft
parking: 1
property tax: $5,658 / yr
strata fee: $646 / mo ($0.46 / sq ft)
days on market: 18
MLS®: 40869562

features

Washer
Refrigerator
Dishwasher
Stove
Dryer
Hood Fan

monthly cost

$3,204/mo

Mortgage $2,087 · Tax $472 · Strata $646

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment

$2,087/ monthly

loan $383,200

25-year amortization

down payment20% · $95,80020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $242,887
cash to close: $95,800; down payment; transfer tax and fees not included
total paid: $626,087

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.