#104 - 253 Lester Street, Waterloo, Ontario N2L 3W6

Listed for:
$569,900
5 beds
2 baths
Listed 25 days ago
Apartment for rent: #104 - 253 Lester Street, Waterloo, Ontario N2L 3W6

View all 15 photos

About

Cross Streets: University/Lester. ** Directions: from Lester st and university ave w. Head south on Lester St for 1 -2 minutes. 253 Lester will be on your right hand side. 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. (id:27476)

Property Highlights

MLS® Number
X12715914
Type
Single Family
Maintenance Fee
802.00
Ownership Type
Condominium/Strata

Building

Building Type
Apartment
Square Footage
1000 - 1199 sqft
Bathrooms Total
2
Bedrooms Above Ground
5
Bedrooms Total
5
Amenities
Public Transit, Schools
Exterior Finish
Brick
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Location

Learn more about this property
Listing provided by:
CITYSCAPE REAL ESTATE LTD.
MLS® number:
X12715914
Agent:
Paulette Lawrence
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).

Street Spotlight - For sale