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🛏️
5 Beds
🚿
2 Baths
🚗
0 Parking
📐
1000-1199

$569,900

Condo Apartment

253 Lester Street #104, Waterloo, ON N2L 3W6

Listing Overview

MLS ID:X12715914
Status:New
Type:Residential Condo & Other / Condo Apartment
Style:Apartment
Approx Age:11-15
Living Area:1000-1199
Taxes:$3,932 / yr (2025)
Days on Market:76
Listed:2026-01-21
Last Updated:Jan 21, 2026
Cross Street:University/Lester
Data Source:PROPTX

Interior

Beds (above):5
Bathrooms:2
Kitchens (above):1
Basement:None

Utilities

Heat Type:Forced Air
Heat Source:Gas

Outdoor / Lot

Parking

Garage Type:None
Covered Spaces:0
Parking Spaces:0
Total Parking:0

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.

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