Room #1 - Vacant, #2 - $825, ending Aug 26, 2025, #3 Vacant, #4 - $850, monthly, #5 - $825, ending Aug 26, 2025. 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:51532)
| Property Summary |
|---|
| Building |
|---|
| Level | Rooms | Dimensions |
|---|---|---|
| Main level | Living room | 4.26 m x 2.74 m |
| Dining room | 4.26 m x 2.74 m | |
| Kitchen | 3.65 m x 3.35 m | |
| Bedroom | 3.96 m x 2.43 m | |
| Bedroom 2 | 3.35 m x 2.43 m | |
| Bedroom 3 | 3.04 m x 2.74 m | |
| Bedroom 4 | 3.35 m x 2.43 m | |
| Bedroom 5 | 3.65 m x 2.43 m | |
| Bathroom | 1.82 m x 1.21 m | |
| Bathroom | 1.21 m x 1.21 m |
| Features | |||||
|---|---|---|---|---|---|
| Laundry- Coin operated | No Garage | Dishwasher | |||
| Hood Fan | Stove | Window Coverings | |||
| Refrigerator | Central air conditioning | ||||
