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    For Sale - 253 Lester Street Unit# #104, Waterloo, Ontario

    Est payment $2,593/mo
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    Views   3
    Time on Jump  32 day

    AI Summary *

    • Freshly painted corner unit in a high-demand rental area.
    • Walking distance to both University of Waterloo and Laurier University.
    • All 5 bedrooms are fully tenanted with secure leases.
    • Current rental income of $3,800/month with potential for more.
    • New onsite laundry facility adds convenience for tenants.




    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 the university of waterloo and wilfrid laurier university. All 5 bedrooms are fully tenanted. Three rooms are secured with 3-year leases beginning september 2025, providing exceptional stability and peace of mind for any investor. Two additional rooms have leases ending august 2026, offering the potential for new tenants at rates of up to $900 per room. The property currently generates $3,800/month in rental income, totaling $45,600 annually. The building has recently added a brand-new onsite laundry facility, enhancing convenience for tenants and boosting overall appeal . A rare chance to step into a worry-free, income-producing property in one of waterloo's most sought-after student rental locations. Please see inclusions for furniture included.
    Listing IDX13031346
    Address253 Lester Street Unit# #104
    CityWaterloo, Ontario
    Price$539,900
    Bed / Bath5 / 2 Full
    StyleApartment, Condo Apartment
    ConstructionBrick
    TypeCondominium
    StatusFor Sale

    Subtype Condo ApartmentIndoor Features Other, In BuildingAmenities Public Transit, SchoolBasement NoneHeating / Cooling Forced AirHeating Fuel Gas

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    Listing Agency:  CITYSCAPE REAL ESTATE LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    253 Lester Street Unit# #104
    Waterloo , Ontario
    5 2 $539,900
    Get more info