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Back to search Home Countries Canada Waterloo 253 Lester Street #104
$569,900

253 Lester Street #104

253 Lester Street #104
5 beds 2 baths Tenant

About this home

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.

Property facts

Property type
Tenant
Bedrooms
5
Bathrooms
2
Days on market
114 days

Features & amenities

Features & finishes
ground-floor corner unit
freshly painted
impeccably maintained
high-demand area
close to universities
5 bedrooms tenanted
rental income
stable leases
on-site laundry facility
worry-free investment
inclusions for furniture

Location

Map unavailable
Approximate location · exact address shared on inquiry

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Listed by EXECUTIVE REAL ESTATE SERVICES LTD
$569,900
5 bd · 2 ba
Contact agent
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