##104 253 Lester Street - Photo 1
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Condo ApartmentActive

##104 253 Lester Street

Waterloo, ON N2L 3W6

$569,900

+ $802.00/mo maintenance

5

Bedrooms

2

Bathrooms

1

Kitchens

1000-1199

Sqft

0

Parking

About This Property

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 Details

MLS® NumberX13031346
Property TypeCondo Apartment
StatusActive
TransactionFor Sale
BalconyNone
ExposureSouth West
GarageNone
LockerNone
Heat SourceGas
Heat TypeForced Air
CoolingCentral Air
Cross StreetUniversity/Lester
Annual Tax$3,932
Tax Year2025
Last UpdatedApril 22, 2026

Interior Features

Other

Maintenance Fee Includes

CAC IncludedCommon Elements IncludedHeat IncludedBuilding Insurance IncludedWater Included
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Data provided by Toronto Regional Real Estate Board (TRREB). Not intended to solicit clients already under contract.

$569,900

+ $802.00/mo maintenance

Listed by: CITYSCAPE REAL ESTATE LTD.

Listing Info

MLS® #X13031346
CityWaterloo
Postal CodeN2L 3W6
UpdatedApril 22, 2026
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