116 University Ave W, Waterloo, ON N2L 3E2, Canada
116 University Ave W, Waterloo, ON N2L 3E2, CanadaBasics
- Date added: Added 3 weeks ago
- Category: Residential
- Type: Condo/Apt Unit
- Status: Active
- Bedrooms: 5
- Bathrooms: 2
- Area: 1158 sq ft
- Year built: 2009
- Bathrooms Half: 0
- Rooms Total: 10
- County Or Parish: Waterloo
- Bathrooms Full: 2
- MLS ID: 40791792
Description
-
Description:
Room #1 - vacating end of December, #2 - Vacant, #3 Vacant, #4 - $750,
Show all description
Lease Ending 25th Aug, 2028, #5 - Vacant. 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.
Location
- Parking Total: 0
- Directions: University/Lester
- Direction Faces: North
Building Details
- Number Of Units Total: 0
- Building Area Total: 1158 sq ft
- Number Of Buildings: 0
- Covered Spaces: 0
- Construction Materials: Brick
- Garage Spaces: 0
- Roof: Other
Amenities & Features
- Water Source: Municipal
- Architectural Style: 1 Storey/Apt
- Appliances: Dishwasher, Range Hood, Refrigerator, Stove
- Sewer: Sewer (Municipal)
- Cooling: Central Air
- Interior Features: Elevator
- Heating: Forced Air, Natural Gas
- Frontage Type: West
