Apt: 206
Waterloo N2L 3W6

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 5 BR
Bathrooms: 2
Pets: Pets Allowed

Financials

Price:C569,900
($416,995.83)
(€355,601.27)
Annual Taxes:C4,059
Common charges:C790.49
505 Park Ave, New York, NY 10022

Description

Room #1 - $895, ending Aug 28, 2028, #2 - $895, ending Aug 28, 2028, #3 - $895, ending Aug 28, 2028, #4 - Vacant, #5 - $875, month 2 month. Incredible turnkey investment in the heart of Waterloo's university district! This purpose-built 5-bedroom, 2-bathroom condo at 253 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, elevator access, and proximity to transit, shops, and amenities.

Amenities

  • Other

Room 1 895, ending Aug 28, 2028, 2 895, ending Aug 28, 2028, 3 895, ending Aug 28, 2028, 4 Vacant, 5 875, month 2 month.


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.