+6 more
$569,900
253 Lester Unit #104
Waterloo, Ontario, N2L3W6
detached·sale·Tax $3,932/yr·Condo Fee $802/mo
Active
5
Bedrooms
2
Bathrooms
1,199 sqft
Living Area
0
Parking
About This Property
This 5-bedroom, 2-bathroom single family in Waterloo offers 1,199 sqft of living area. 2 storeys. The property has cross street University/Lester, zoned Residential. The home features carpeted and ceramic flooring, forced air, natural gas heating, central air conditioning. Monthly condo fee of $802.
MLS Remarks
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:60351)
Inclusions
Fridge, Stove, Built In Dishwasher, Furniture Included (Kitchen Table , 4 Chairs, Coffee Table And Couch, Dresser Cabinet, 5 Bed Frame And Mattress, 5 Desks And Blinds Included. All existing lighting
Overview
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