253 Lester Street Unit# 101

- $530,000

Waterloo, N2L3W6
MLS ® 40791792

Room #1 - vacating end of December, #2 - Vacant, #3 Vacant, #4 - $750, Lease Ending 25th Aug, 2028, #5 - Vacant. 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. (id:38551)

Features

  • Laundry- Coin Operated

Location

Details

253 Lester Street Unit# 101, , Waterloo

  • Land

    under 1/2 acre

  • Bedrooms

    5 Bedroom(s)

    5
  • Bathrooms
    2
  • Parking

    Underground, None

    0

Rooms

253 Lester Street Unit# 101, , Waterloo

  • 3pc Bathroom

    main level

    Measurements not available
  • 4pc Bathroom

    main level

    Measurements not available
  • Bedroom

    main level

    12'7'' x 8'5''
  • Bedroom

    main level

    11'8'' x 8'11''
  • Bedroom

    main level

    10'7'' x 9'10''
  • Bedroom

    main level

    11'7'' x 8'9''
  • Bedroom

    main level

    13'10'' x 8'4''
  • Kitchen

    main level

    12'11'' x 11'5''
  • Dining Room

    main level

    14'11'' x 9'5''
  • Living Room

    main level

    14'11'' x 9'3''