506 - 8 HICKORY STREET W, Waterloo

$710,000

For sale: Apartment

Apartment at 506 - 8 HICKORY STREET W, Waterloo
Property type
Condo Apartment
Bedrooms / bathrooms
5 bedrooms, 5 bathrooms
Living area
2,249 sqft
MLS®
MLS® X13569574

Amazing Investment Opportunity In A Desirable Waterloo Condo. 8 Hickory St W Is Student Housing Located Within Walking Distance To The University Of Waterloo & Wilfrid Laurier University. The Buildings Modern Exterior Includes An Enclosed Seating Area, Is Wheelchair Accessible And Has A Secured Entrance. Over 2,000 sq. ft. 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 W/Out to a Spacious Open Balcony. S/S Appliances, Dishwasher, Washer & Dryer. Unit & Parking Is 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. Building Amenities Include an Exercise Room, Games Room, Party/Meeting Room, Visitor Parking and Bike Storage, Elevator, and Controlled Entry. Ideally Surrounded by Parks & Recreation. Located Steps to Grand River Transit, and the nearby Conestoga Parkway for easy travel throughout Waterloo Region, Ontario, and the GTA.

Sold data

Apartment homes in Waterloo — recent sold market

Apartment homes in Waterloo took a median of 38 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 65, across 65 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.

The median sale price was $417,500.

Homes sold for about 4.4% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
38
Median sale price
$417,500
Sale-to-list ratio
95.6%
Sold above asking
8%

Based on 65 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Waterloo

Waterloo has 31 Fraser Institute–rated schools (27 elementary and 4 secondary), averaging 6.8/10.

Rated schools
31
Elementary
27
Secondary
4
Average rating
6.8 / 10

Top-rated schools in Waterloo

  • Millen Woods — elementaryFraser rating 8.9/10
  • Sir John A Macdonald — secondaryFraser rating 8.7/10
  • Abraham Erb — elementaryFraser rating 8.6/10
  • Laurelwood — elementaryFraser rating 8.5/10
  • Vista Hills — elementaryFraser rating 8.5/10
  • Mary Johnston — elementaryFraser rating 8.3/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 506 - 8 HICKORY STREET W