101 - 253 Lester Street, Waterloo, Ontario N2L 3W6

Listed for:
$509,000
5 beds
2 baths
Listed 8 days ago
Apartment for rent: 101 - 253 Lester Street, Waterloo, Ontario N2L 3W6

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About

University Ave W/Lester St Incredible turnkey investment in the heart of Waterloo's university district! This purpose-built 5-bedroom, 2-bathroom condo at 253 Lester St has the potential to generate over $49,000/year in gross rental income with positive monthly cash flow. Just steps to Wilfrid Laurier University and the University of Waterloo, this high-demand location ensures consistent tenancy. Features include a spacious open-concept living area, two full baths, included furniture, and professional property management options for a completely hands-off experience. Condo fees include heat and water, and the building offers parking, shared laundry, elevator access, and proximity to transit, shops, and amenities. (id:27476)

Property Highlights

MLS® Number
X13575452
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
Storage - Locker
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:
ROYAL LEPAGE SIGNATURE REALTY
MLS® number:
X13575452
Agent:
Sumit Taggar
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Street Spotlight - For sale