8 HICKORY Street Unit# 1002

About this home.

Huge Investment opportunity, monthly rent 3400 with signed agreement. 7.05% return. Stable Income, student tenants. HIGH END STUDENT LIVING - SAGE BUILT! This Stunning Condo is located within Walking Distance to UW, Laurier, Restaurants, Shopping & situated right on the LRT! This Spacious Layout is almost 1400 sqft with 3 Large bedrooms & 2 Full bathrooms, as well as In-suite Laundry. This is an extremely rare TOP FLOOR UNIT with 10 FOOT CEILINGS and a Balcony! You will love the Stunning Kitchen with Large Island & Stainless Appliances – Separate Dinette & Family room. The Unit Comes Fully furnished (3 x bedrooms, dinette, living room furniture & Big Screen TV, etc.) You will be impressed from the moment you walk up to the Buildings' Modern Exterior & Enter through the Spacious Foyer with Towering 20 ft Ceilings. Building also has fabulous bright lounge & newly renovated exercise room. (id:59491)

The full record.

How this listing prices against Beechwood/University.

Beechwood/University was highly supplied this period, with 13 sales against 98 active listings, one of the loosest inventory setups in Waterloo. The average sale price was $621,462, well below the city average, homes took 34 days to sell, and deals closed at 94.02% of list, all signs of a softer market overall. Activity split between 5 freeholds and 8 condos, but the overwhelming amount of condo inventory is what defines the neighbourhood right now. This is a market with lots of choice and clear pressure on sellers to price realistically.

Estimate the monthly carry.