253 Lester ST ##104, Waterloo, ON N2L3W6
253 Lester ST ##104, Waterloo, ON N2L3W6
253 Lester ST ##104, Waterloo, ON N2L3W6
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Paul Shantz

Paul Shantz

+1(519) 829-8656
$539,900
Est. payment /mo
5 Beds
2 Baths
1,000 SqFt
Save

UPDATED:

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1000 - 1199

Square Footage 1,000 sqft

Price per Sqft $539

MLS® Listing ID X13031346

Bedrooms 5

Condo Fees $802/mo

Property Sub-Type Condo

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 the University of Waterloo and Wilfrid Laurier University. All 5 bedrooms are fully tenanted. Three rooms are secured with 3-year leases beginning September 2025, providing exceptional stability and peace of mind for any investor. Two additional rooms have leases ending August 2026, offering the potential for new tenants at rates of up to $900 per room. The property currently generates $3,800/month in rental income, totaling $45,600 annually. The building has recently added a brand-new onsite laundry facility, enhancing convenience for tenants and boosting overall appeal .A rare chance to step into a worry-free, income-producing property in one of Waterloo's most sought-after student rental locations. Please see inclusions for furniture included. (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Flat Measurements not available Living room

Extra Room 2 Flat Measurements not available Dining room

Extra Room 3 Flat Measurements not available Kitchen

Extra Room 4 Flat Measurements not available Bedroom

Extra Room 5 Flat Measurements not available Bedroom 2

Extra Room 6 Flat Measurements not available Bedroom 3

Interior

Heating Forced air

Cooling Central air conditioning

Flooring Ceramic, Carpeted

Exterior

Parking Features No

Community Features Pets not Allowed

View Y/N No

Attached Garage No

Garage No

Private Pool No

Others

Ownership Condominium/Strata

Read Less Info
Powered by: REALTOR.ca
Listed by CITYSCAPE REAL ESTATE LTD.

Schools and Properties Nearby

Learn More About This Home

Paul Shantz
Paul Shantz

Agent | License ID: 6008661

+1(519) 829-8656

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from Paul Shantz, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Tour this Home

253 Lester ST ##104

QUICK SEARCH
There are 19 quick searches