#104 - 253 LESTER STREET

Waterloo, , N2L3W6, Canada

$569,900

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 University of Waterloo and Wilfrid Laurier University. All 5 bedrooms are fully tenanted, generating $3,800/month in rental income which totals a yearly income of $45,600. Tenancies are secured with 3-year leases beginning September 2025, providing exceptional stability and peace of mind for any investor. The building has recently added a brand-new onsite laundry facility, enhancing convenience for the tenants. A rare chance to step into a worry-free, income-producing property. Please see inclusions for furniture included.

EXTRAS: Refrigerator, Dishwasher, Stove, Blinds, Furniture

Last updated on : Wednesday 21st of January 2026 08:15:51 AM

ADDRESS

Street : #104 - 253 LESTER STREET

City : Waterloo

Country : Canada

Postal Code : N2L3W6

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PROPERTY SUMMARY

Property ID : X12715914

Building Type : Apartment

Property Type : Single Family

Bedrooms : 5

Bathrooms : 2

Parking Type: No Garage

Maintenance Fees : $802

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