253 Lester St, Waterloo, ON N2L 3W6, Canada
253 Lester St, Waterloo, ON N2L 3W6, CanadaBasics
- Date added: Added 2 months ago
- Category: Residential
- Type: Condo/Apt Unit
- Status: Active
- Bedrooms: 5
- Bathrooms: 2
- Area: 1389 sq ft
- Bathrooms Half: 0
- Rooms Total: 11
- County Or Parish: Waterloo
- Bathrooms Full: 2
- MLS ID: 40783717
Description
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Description:
LEASES: ROOM#1 - $900, ending AUG 26, 2027. ROOM#2 - $750, ending AUG 25, 2028. ROOM#3 - $900, ending AUG 26, 2027. ROOM#4 - $850, ending AUG 25, 2026. ROOM#5 - $900, ending AUG 26, 2027. Incredible turnkey investment in the heart of Waterloo's university district! This purpose-built 5-bedroom, 2-bathroom condo at 251 Lester St has the potential to generate over $51,000/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 facilities, elevator access, and proximity to transit, shops, and various amenities.
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Location
- Parking Total: 0
- Directions: University ave W / Lester St
- Direction Faces: South
Building Details
- Building Area Total: 1389 sq ft
- Number Of Buildings: 0
- Covered Spaces: 0
- Construction Materials: Other
- Garage Spaces: 0
- Roof: Other
Amenities & Features
- Water Source: Municipal
- Architectural Style: 1 Storey/Apt
- Appliances: Range Hood, Refrigerator, Stove
- Sewer: Sewer (Municipal)
- Cooling: Central Air
- Interior Features: Ventilation System
- Heating: Forced Air, Natural Gas
- Frontage Type: East
