Incredible turnkey investment in the heart of Waterloo's university district! This purpose-built 5-bedroom, 2-bathroom condo at 251 Lester St has the potential to generate over $49,000/year in gross rental income with positive monthly cash flow. Just steps to Wilfrid Laurier University and the University of Waterloo, this high-demand location ensures consistent tenancy. Features include a spacious open-concept living area, two full baths, included furniture, and professional property management options for a completely hands-off experience. Condo fees include heat and water, and the building offers parking, shared laundry facilities, elevator access, and proximity to transit, shops, and various amenities. (id:4555)
PROPERTY SPECS
Price $509,000
City Waterloo, Ontario
Bed / Bath 5 / 2 Full
Address 251 Lester Street Unit# 203
Listing ID X13115662
Style Apartment
Type Condominium
Status For Sale
EXTENDED FEATURES
SubtypeSingle FamilyCommunity FeaturesPets Allowed With RestrictionsOwnershipFreeholdBasementNoneHeating / CoolingForced air, Natural gas