$569,900
Available - For Sale
Listing ID: X12715914
253 Lester Street , Waterloo, N2L 3W6, Waterloo
| 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. |
| Price | $569,900 |
| Taxes: | $3932.00 |
| Occupancy: | Tenant |
| Address: | 253 Lester Street , Waterloo, N2L 3W6, Waterloo |
| Postal Code: | N2L 3W6 |
| Province/State: | Waterloo |
| Directions/Cross Streets: | University/Lester |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Flat | Living Ro | Ceramic Floor, Window, Combined w/Kitchen | ||
| Room 2 | Flat | Dining Ro | Ceramic Floor, Window, Combined w/Living | ||
| Room 3 | Flat | Kitchen | Ceramic Floor, Open Concept, Combined w/Living | ||
| Room 4 | Flat | Bedroom | Closet, Window, Broadloom | ||
| Room 5 | Flat | Bedroom 2 | Closet, Window, Broadloom | ||
| Room 6 | Flat | Bedroom 3 | Closet, Window, Broadloom | ||
| Room 7 | Flat | Bedroom 4 | Closet, Window, Broadloom | ||
| Room 8 | Flat | Bedroom 5 | Closet, Window, Broadloom |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Flat |
| Washroom Type 2 | 3 | Flat |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 4 | Flat |
| Washroom Type 7 | 3 | Flat |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 11-15 |
| Washrooms: | 2 |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Elevator Lift: | True |
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| CITYSCAPE REAL ESTATE LTD. |
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At a Glance:
| Type: | Com - Condo Apartment |
| Area: | Waterloo |
| Municipality: | Waterloo |
| Neighbourhood: | Dufferin Grove |
| Style: | Apartment |
| Approximate Age: | 11-15 |
| Tax: | $3,932 |
| Maintenance Fee: | $802 |
| Beds: | 5 |
| Baths: | 2 |
| Fireplace: | N |
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