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:4555)
PROPERTY SPECS
Price $569,900
City Waterloo, Ontario
Bed / Bath 5 / 2 Full
Address 253 Lester Street Unit# #104
Listing ID X12715914
Style Apartment
Flooring Carpeted, Ceramic
Type Condominium
Status For Sale
EXTENDED FEATURES
SubtypeSingle FamilyCommunity FeaturesPets not AllowedOwnershipFreeholdBasementNoneHeating / CoolingForced air, Natural gas