Waterloo N2L 3W6 Ontario
MLS: X12525442
Added 4 hours ago | For Sale
Listed by: ROYAL LEPAGE SIGNATURE REALTY
Room #1 - $895, ending Aug 28, 2028, #2 - $895, ending Aug 28, 2028, #3 - $895, ending Aug 28, 2028, #4 - Vacant, #5 - $875, month 2 month. 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 | 9 ft, 6 in x 9 ft, 3 in | |
| Dining Room | 11 ft, 3 in x 27 ft, 8 in | ||
| Kitchen | 11 ft, 3 in x 27 ft, 8 in | ||
| Foyer | 11 ft, 3 in x 27 ft, 8 in | ||
| Primary Bedroom | 15 ft, 1 in x 7 ft, 9 in | ||
| Bedroom 2 | 12 ft, 3 in x 8 ft, 9 in | ||
| Bedroom 3 | 8 ft, 8 in x 13 ft | ||
| Bedroom 4 | 11 ft, 8 in x 8 ft, 8 in | ||
| Bedroom 5 | 13 ft, 6 in x 7 ft, 8 in |
No property rooms available.