#104 - 253 LESTER STREET, Waterloo, Ontario, N2L3W6
MLS: X13031346 | Apartment (Condo)
$569,900
Property Description
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:64974)
Quick Facts
- Property Type: Apartment (Condo)
- Bedrooms: 5 (5 above)
- Bathrooms: 2
- Ownership: Condo/Strata
- Attached: Yes
Costs
- Annual Taxes: $3,932.00
- Condo/HOA Fee: $802.00 / monthly
- Corp: Rentcorp Property Management Inc.
- Includes: Common Area Maintenance, Heat, Water, Insurance
Listing Provided by: CITYSCAPE REAL ESTATE LTD.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Central air conditioning
- Basement: None
- Appliances: Refrigerator, Dishwasher, Stove, Blinds, Furniture
- Flooring: Carpeted, Ceramic
Exterior & Construction
- Exterior: Brick
Lot & Land
- Zoning: Residential
Community & Neighbourhood
- Community: Pets not Allowed
Room Details (8 rooms)
Listing Information
Listing History
MLS listing activity for #104 - 253 LESTER STREET, Waterloo, Ontario, N2L3W6 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
🚗 Travel times
Neighborhood Walkability
Mortgage & Cost Calculators
Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±30%Match BedroomsNoMatch BathroomsNo
253 LESTER Street Unit# 401, Waterloo
Condo - Apartment$514,900
$3,809/yr taxListing Courtesy of BENJAMINS REALTY INC.
301 - 261 LESTER STREET, Waterloo
Condo - Apartment$519,000
$3,892/yr taxListing Courtesy of ROYAL LEPAGE SIGNATURE REALTY
261 LESTER Street Unit# 301, Waterloo
Condo - Apartment$519,000
$3,891/yr taxListing Courtesy of ROYAL LEPAGE SIGNATURE REALTY
271 LESTER Street Unit# 303, Waterloo
Condo - Apartment$549,900
$3,713/yr taxListing Courtesy of RE/MAX TWIN CITY REALTY INC.
140 UNIVERSITY AVENUE W, Waterloo
Business$599,000
Listing Courtesy of RE/MAX CROSSROADS REALTY INC.
271 LESTER Street Unit# 203, Waterloo
Condo - Apartment$569,900
$3,713/yr taxListing Courtesy of RE/MAX SOLID GOLD REALTY (II) LTD.
271 LESTER Street Unit# 102, Waterloo
Condo - Apartment$569,900
$3,726/yr taxListing Courtesy of RE/MAX SOLID GOLD REALTY (II) LTD.
2126 - 258B SUNVIEW STREET, Waterloo
Condo - Apartment$399,000
$3,100/yr taxListing Courtesy of HOMELIFE/MIRACLE REALTY LTD
2151 - 258B SUNVIEW STREET, Waterloo
Condo - Apartment$399,000
$3,263/yr taxListing Courtesy of HOMELIFE REAL ESTATE CENTRE INC.
280 LESTER Street Unit# 323, Waterloo
Condo - Apartment$409,800
$3,536/yr taxListing Courtesy of GREEN CITY REALTY INC.
Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
271 LESTER Street Unit# 203, Waterloo
Condo - Apartment$569,900
$3,713/yr taxListing Courtesy of RE/MAX SOLID GOLD REALTY (II) LTD.
271 LESTER Street Unit# 102, Waterloo
Condo - Apartment$569,900
$3,726/yr taxListing Courtesy of RE/MAX SOLID GOLD REALTY (II) LTD.
271 LESTER Street Unit# 303, Waterloo
Condo - Apartment$549,900
$3,713/yr taxListing Courtesy of RE/MAX TWIN CITY REALTY INC.
23 SOLARA PRIVATE, Clarence-Rockland
Row / Townhouse$569,900
$4,197/yr taxListing Courtesy of RE/MAX HALLMARK REALTY GROUP
1 SINCLAIR CRESCENT, Ramara (Atherley)
House$569,900
Listing Courtesy of RE/MAX RIGHT MOVE
1012 - 212 EGLINTON AVENUE E, Toronto (Mount Pleasant West)
Condo - Apartment$569,900
$3,084/yr taxListing Courtesy of CENTURY 21 LEADING EDGE REALTY INC.
811 - 11 SUPERIOR AVENUE, Toronto (Mimico)
Condo - Apartment$569,900
$2,526/yr taxListing Courtesy of RE/MAX PROFESSIONALS INC.
35 ATHABASKA DRIVE, Belleville (Thurlow Ward)
Row / Townhouse$569,900
Listing Courtesy of ROYAL LEPAGE PROALLIANCE REALTY
602 - 201 BROCK STREET S, Whitby (Downtown Whitby)
Condo - Apartment$569,900
$5,062/yr taxListing Courtesy of ROYAL HERITAGE REALTY LTD.
591 BELLAMY ROAD, McNab/Braeside
House$569,900
$4,059/yr taxListing Courtesy of ROYAL LEPAGE TEAM REALTY
Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
271 LESTER Street Unit# 203, Waterloo
Condo - Apartment$569,900
$3,713/yr taxListing Courtesy of RE/MAX SOLID GOLD REALTY (II) LTD.
271 LESTER Street Unit# 102, Waterloo
Condo - Apartment$569,900
$3,726/yr taxListing Courtesy of RE/MAX SOLID GOLD REALTY (II) LTD.
271 LESTER Street Unit# 303, Waterloo
Condo - Apartment$549,900
$3,713/yr taxListing Courtesy of RE/MAX TWIN CITY REALTY INC.
301 - 261 LESTER STREET, Waterloo
Condo - Apartment$519,000
$3,892/yr taxListing Courtesy of ROYAL LEPAGE SIGNATURE REALTY
261 LESTER Street Unit# 301, Waterloo
Condo - Apartment$519,000
$3,891/yr taxListing Courtesy of ROYAL LEPAGE SIGNATURE REALTY
253 LESTER Street Unit# 401, Waterloo
Condo - Apartment$514,900
$3,809/yr taxListing Courtesy of BENJAMINS REALTY INC.
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#104 - 253 LESTER STREET, Waterloo, Ontario, N2L3W6