304-8 Hickory Street W

Waterloo, Ontario, N2L3H6, Canada

$388,000

Building type: Apartment
Storeys: 1
Floor Space: 1399 sqft
Bathrooms: 2
Bedrooms: 3
Parking Type: Underground, None
Cooling: Central air conditioning
Heating Type / Fuel: Forced air (Natural gas)
Basement / Features / Type: / / None
Exterior: Brick
Water: Municipal water

Property Description

$2239 Gross Monthly Income Available here with the tenants paying electricity. Rent increased to $2269 for September, 2019 with income in place to at least end of August, 2020 (multi-year lease)! Contemporary student living steps to WLU and easy walk to University of Waterloo. Note unit size - nearly 1400 square feet - this is an absolutely massive three bedroom suite in a well-appointed building. Tenants love the controlled entry (controlled by tenants' smart phone) and security cameras. Students love bike storage, study lounge and the hip vibe of the building. Note contemporary colour scheme with accent wall. Granite countertops. Carpet free, laminate flooring. High ceilings. Oversized bedrooms. Tenant controlled climate. Don't miss the ensuite in the master bedroom! This is an ideal opportunity for an investor seeking turn key student income. Leased until end of August, 2019. Re-rented September 2019 for at least another twelve months.

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