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Price Change$760,000

806 - 8 HICKORY Street W

, Waterloo

$749,000

Condo Apartment |
5 | 5 | 1 | 0
About this home

Great investment opportunity in huge 5 bedrooms and 5 bathrooms luxury suite in high rise condominium building. 8 Hickory Street West is a high-end student condo building located within walking distance to the University of Waterloo, Wilfrid Laurier University, restaurants, shopping &situated right on the LRT route. Unit 806 has a total of 2077 SQFT living space and one underground parking space. It features 5 large bedrooms, 5 full bathrooms, 9 ft ceilings, open concept layout, in-suit laundry, modern kitchen with stainless steel appliances, granite countertops, and central island, and overlooks spacious living room. Amazing unobstructed city view through the balcony. Furnished. Internet is included.

Extras

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size2000-2249 sq. ft.
Maintenance Fees$925
LockerNone
BalconyTerrace
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$7,604
mls© NumberX13470380
Listed ByAVION REALTY INC.
CAC Included
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,834
Property tax
$634
Heat allowance
$150
Condo fees, half counted
$462
Housing costs
$5,080 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $149,800
25-yr amortization

Income needed

$156,000

gross annual household income

Payment at 4%
$3,152 / mo
Cash down
$149,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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