5 Beds 2 Bath

253 Lester Street #104, Waterloo, ON N2L 3W6

Waterloo N2L 3W6 Ontario

MLS: X12715914

$569,900

Added 11 hours ago | For Sale

Listed by: CITYSCAPE REAL ESTATE LTD.

About Property

Opportunity Knocks! Freshly painted and impeccably maintained, this ground-floor CORNER unit offers a truly hands-off investment in a high-demand area. Centrally located along the university hub - walking distance to both University of Waterloo and Wilfrid Laurier University. All 5 bedrooms are fully tenanted, generating $3,800/month in rental income which totals a yearly income of $45,600. Tenancies are secured with 3-year leases beginning September 2025, providing exceptional stability and peace of mind for any investor. The building has recently added a brand-new onsite laundry facility, enhancing convenience for the tenants. A rare chance to step into a worry-free, income-producing property. Please see inclusions for furniture included.

Features

  • House Style:Condo Apartment
  • Bathrooms:2
  • Land Size:
  • Water:
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:University/Lester
  • Basement:None , None
  • Possession Date:30 - 90 days
  • Annual Property taxes: $3932
  • Bedrooms:5
  • Total Parking Spaces:0
  • Parking Places:0
  • Heating Type:Forced Air
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12715914

Level Type Features Dimensions
Flat Living Room Ceramic Floor, Window, Combined w/Kitchen 0 ft x 0 ft
Dining Room Ceramic Floor, Window, Combined w/Living 0 ft x 0 ft
Kitchen Ceramic Floor, Open Concept, Combined w/Living 0 ft x 0 ft
Bedroom Closet, Window, Broadloom 0 ft x 0 ft
Bedroom 2 Closet, Window, Broadloom 0 ft x 0 ft
Bedroom 3 Closet, Window, Broadloom 0 ft x 0 ft
Bedroom 4 Closet, Window, Broadloom 0 ft x 0 ft
Bedroom 5 Closet, Window, Broadloom 0 ft x 0 ft

No property rooms available.

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