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Listed price in listed location currency (CAD).
$569,900

520

MLS® X12715914

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Apartment/Condominium
Levels Residential
Size -
Garage No
Maintenance Fees $802
Taxes $3,932
Days Active 1
Approx. Age 
MLS® Number X12715914

Property Address: 104-253 Lester St, Waterloo, ON, N2L3W6

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberX12715914
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelIn Building
Exposure
Exterior
GarageNo
Approx. Age
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Rooms

Bedroom 2:Not available

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 21, 2026List Date
$569,900List Price
  • Commute

Commute

Starting Address
Destination Address
253 Lester St, Waterloo, ON

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