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. (id:4069)
Address
#104 - 253 LESTER STREET
List Price
$569,900
Property Type
Single Family
Type of Dwelling
Apartment
Transaction Type
Sale
Area
Ontario
Sub-Area
Waterloo
Bedrooms
5
Bathrooms
2
Floor Area
1000 - 1199 Sq. Ft.
Maint. Fee
$802.00
MLS® Number
X12715914
Listing Brokerage
CITYSCAPE REAL ESTATE LTD.
Basement Area
None
Postal Code
N2L3W6
Zoning
Residential
Site Influences
Public Transit, Schools
