Waterloo N2L 3W6 Ontario
MLS: X12251603
Added 67 days ago | For Sale
Listed by: ROYAL LEPAGE SIGNATURE REALTY
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.
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Living Room | 14 ft x 9 ft | |
| Dining Room | 14 ft x 9 ft | ||
| Kitchen | 12 ft x 11 ft | ||
| Bedroom | 13 ft x 8 ft | ||
| Bedroom 2 | 11 ft x 8 ft | ||
| Bedroom 3 | 10 ft x 9 ft | ||
| Bedroom 4 | 11 ft x 8 ft | ||
| Bedroom 5 | 12 ft x 8 ft | ||
| Bathroom | 6 ft x 4 ft | ||
| Bathroom | 4 ft x 4 ft |
No property rooms available.
