Maintenance, Heat, Water, Common Area Maintenance, Insurance
$790.49 MonthlyRoom #1 - $895, ending Aug 28, 2028, #2 - $895, ending Aug 28, 2028, #3 - $895, ending Aug 28, 2028, #4 - Vacant, #5 - $875, month 2 month. 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. The seller will provide one year of professional property management or offer the cash value as part of the sale. Photos are virtually decluttered. (id:61594)
| MLS® Number | X12293570 |
| Property Type | Single Family |
| Community Features | Pet Restrictions |
| Features | Laundry- Coin Operated |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Appliances | Dishwasher, Hood Fan, Stove, Refrigerator |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,200 - 1,399 Ft2 |
| Type | Apartment |
| No Garage |
| Acreage | No |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Living Room | 2.9 m | 2.82 m | 2.9 m x 2.82 m |
| Main Level | Dining Room | 3.43 m | 8.43 m | 3.43 m x 8.43 m |
| Main Level | Kitchen | 3.43 m | 8.43 m | 3.43 m x 8.43 m |
| Main Level | Foyer | 3.43 m | 8.43 m | 3.43 m x 8.43 m |
| Main Level | Primary Bedroom | 4.6 m | 2.36 m | 4.6 m x 2.36 m |
| Main Level | Bedroom 2 | 3.73 m | 2.67 m | 3.73 m x 2.67 m |
| Main Level | Bedroom 3 | 2.64 m | 3.96 m | 2.64 m x 3.96 m |
| Main Level | Bedroom 4 | 3.56 m | 2.64 m | 3.56 m x 2.64 m |
| Main Level | Bedroom 5 | 4.11 m | 2.34 m | 4.11 m x 2.34 m |
https://www.realtor.ca/real-estate/28624426/206-251-lester-street-waterloo
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
