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#104 - 253 LESTER STREET
Waterloo Ontario N2L3W6 Canada

$569,900

Active Listing ID X12715914
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5 bed
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2.00 Bath
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Single Family

$569,900

Active Listing ID X12715914
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#104 - 253 LESTER STREET 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:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: Central air conditioning
  • Exterior Finish: Brick
  • Floor Covering: Carpeted, Ceramic
  • Heating Systems: Forced air, Natural gas
  • Additional Features
  • Basement
Listing Changed: 1/21/2026 1:15:51 PM GMT
Source Updated Date: 2/5/2026 8:04:50 AM GMT

Courtesy of: PAULETTE LAWRENCE, Salesperson, CITYSCAPE REAL ESTATE LTD.