253 Lester Street #104

Waterloo, N2L 3W6
For Sale
5.49 BTC
253 Lester Street #104, Waterloo
253 Lester Street #104
253 Lester Street #104
253 Lester Street #104
253 Lester Street #104
253 Lester Street #104
253 Lester Street #104
253 Lester Street #104
253 Lester Street #104
253 Lester Street #104
253 Lester Street #104
253 Lester Street #104
253 Lester Street #104
253 Lester Street #104
253 Lester Street #104
5
BEDROOMS
2
BATHROOMS
1
KITCHENS
8
ROOMS
X12715914
MLSID
Contact Us
Property 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.
Nearby Intersections
Property Features
Public Transit, School, Other, None, In Building
Property Details
Property Type
Condo Apartment
Taxes
$3,932 (2025)
Basement
None
Heat Type
Forced Air
Heat Source
Gas
Parking 1
None
Garage Type
None
Listing contracted with Cityscape Real Estate Ltd.
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