8 Hickory Street, Unit 06, Waterloo, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterloo. Expertly crafted featuring premium metal/steel siding construction, this residence presents an exceptional opportunity offered at $719,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 5 Bathrooms
- Generous living space spanning 2000-2249 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
*Presenting an exceptional investment opportunity in a premium 5-bedroom, 5-bathroom luxury suite at 8 Hickory Street West* - A modern high-rise condominium steps from the University of Waterloo, Wilfrid Laurier University, dining, shopping, and the LRT transit line. This rare 2,077 sq ft unit combines upscale living with investor appeal, offering: 5 spacious bedrooms each with private en suite bathrooms. Open-concept design featuring 9 ceilings, a sleek modern kitchen (stainless steel appliances, granite counters, center island), and in-suite laundry. Floor-to-ceiling windows framing panoramic city views from the balcony. Dedicated underground parking and immaculate building maintenance. Investment Highlights: Rooms Leased until August 2025 and some until 2026 with reliable A++ tenants paying $4370/month. Positive cash flow potential in a high-demand student rental market. Walkability to universities ensures consistent tenant interest. A turnkey asset for savvy investors. Book your private showing today to secure this *high-yield, low-maintenance opportunity* before its gone!
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Property Summary
This condo apartment located at 8 Hickory Street, Waterloo is currently for sale and has been available on SousaSells for 484 days. This property is listed at $719,000 with an estimated mortgage of $2,393* per month. It has 5 beds, 5 bathrooms, and is 2000-2249 square feet. 8 Hickory Street, Waterloo
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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Water Heater
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 8 Hickory Street W 606, Waterloo, ON N2L 3H6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Waterloo, ON
For a property listed at $719,000 in Waterloo, the legal minimum down payment is $46,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10,855 for this transaction. As this listing is in Waterloo (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,855.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.