Room #1 - vacating end of December, #2 - Vacant, #3 Vacant, #4 - $750, Lease Ending 25th Aug, 2028, #5 - Vacant. 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 |
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| Building |
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| Land |
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| Level | Rooms | Dimensions |
|---|---|---|
| Main level | 3pc Bathroom | Measurements not available |
| 4pc Bathroom | Measurements not available | |
| Bedroom | 12'7'' x 8'5'' | |
| Bedroom | 11'8'' x 8'11'' | |
| Bedroom | 10'7'' x 9'10'' | |
| Bedroom | 11'7'' x 8'9'' | |
| Bedroom | 13'10'' x 8'4'' | |
| Kitchen | 12'11'' x 11'5'' | |
| Dining room | 14'11'' x 9'5'' | |
| Living room | 14'11'' x 9'3'' |
| Features | |||||
|---|---|---|---|---|---|
| Laundry- Coin operated | Underground | None | |||
| Dishwasher | Refrigerator | Stove | |||
| Hood Fan | Central air conditioning | ||||
