#104 - 253 Lester Street Waterloo, Ontario N2L 3W6
$569,900Maintenance, Common Area Maintenance, Heat, Insurance, Water
$802 Monthly
Maintenance, Common Area Maintenance, Heat, Insurance, Water
$802 MonthlyOpportunity 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:49187)
Property Details
| MLS® Number | X12715914 |
| Property Type | Single Family |
| Amenities Near By | Public Transit, Schools |
| Community Features | Pets Not Allowed |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Age | 11 To 15 Years |
| Appliances | Blinds, Dishwasher, Furniture, Stove, Refrigerator |
| Basement Type | None |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Flooring Type | Ceramic, Carpeted |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1000 - 1199 Sqft |
| Type | Apartment |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Public Transit, Schools |
| Zoning Description | Residential |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Flat | Living Room | Measurements not available | ||
| Flat | Dining Room | Measurements not available | ||
| Flat | Kitchen | Measurements not available | ||
| Flat | Bedroom | Measurements not available | ||
| Flat | Bedroom 2 | Measurements not available | ||
| Flat | Bedroom 3 | Measurements not available | ||
| Flat | Bedroom 4 | Measurements not available | ||
| Flat | Bedroom 5 | Measurements not available |
https://www.realtor.ca/real-estate/29273801/104-253-lester-street-waterloo
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January 21 2026 01:08:55
Toronto Real Estate Board
Cityscape Real Estate Ltd.