253 Lester St ##104, Waterloo, Ontario

Condo / Apartment for Sale in Waterloo

253 Lester St ##104, Waterloo, ON

  • CA$569,900
  • 5 BEDS
  • 2 BATHS
  • CA$569,900

Condo / Apartment for Sale in Waterloo

253 Lester St ##104, Waterloo, ON

  • CA$569,900
  • 5 BEDS
  • 2 BATHS
  • CA$569,900

Key Facts

  • MLS® #: X12715914
  • Property ID: SIRC3064064
  • Property Type: Residential, Condo
  • Year Built: 11
  • Bedrooms: 5
  • Bathrooms: 2
  • Listed By:
  • CITYSCAPE REAL ESTATE LTD.

Property Description

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.

Rooms

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Listing Agents

CITYSCAPE REAL ESTATE LTD.

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Location

253 Lester St ##104, Waterloo, Ontario, N2L 3W6 Canada

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