101-253 Lester Street, Waterloo, ON, N2L 3W6

$530,000

MLS® # 40791792

Condo For Sale In Columbia, Waterloo, Ontario

$530,000

  • 5

    Bedrooms

  • 2

    Baths

  • $790.49

    Maintenance Fees

Property Information:

Room #1 - vacating end of December, #2 - Vacant, #3 Vacant, #4 - $750,Lease Ending 25th Aug, 2028, #5 - Vacant. Incredible turnkey investment inthe 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. Juststeps to Wilfrid Laurier University and the University of Waterloo, thishigh-demand location ensures consistent tenancy. Features include aspacious open-concept living area, two full baths, included furniture, andprofessional property management options for a completely hands-offexperience. Condo fees include heat and water, and the building offersparking, shared laundry, elevator access, and proximity to transit, shops,and amenities.

Inclusions: Dishwasher,Furniture,Range Hood,Refrigerator,Stove,Fridge, Stove, Hood Fan, B/I Dishwasher

Exclusions : Tenants Belongings

Building Features:

  • Floor Space: 1158 Square Feet

Property Features:

  • Bedrooms: 5
  • Bathrooms: 2+0
  • Acres Range: < 0.5
  • Architectural Style: 1 Storey/Apt
  • Association Amenities: Elevator(s), Other
  • Built in: 2009
  • Condo Fees: $790
  • Construction Materials: Brick
  • Cooling: Central Air
  • Driveway Parking: None
  • Floor Space (approx): 1158 Square Feet
  • Heating: Forced Air, Natural Gas
  • Interior Features: Elevator
  • Laundry Features: Coin Operated
  • Lot Features: Urban, Ample Parking, Public Transit, Schools, Other
  • Road Frontage Type: Public Road
  • Roof: Other
  • Water Source: Municipal
  • Zoning: GR
  • Sewer: Sewer (Municipal)

Rooms:

  • Living Main Level 4.55 X 2.82
  • Kitchen Main Level 3.94 X 3.48
  • Bedroom Main Level 4.22 X 2.54
  • Bedroom Main Level 3.23 X 3.00
  • Bedroom Main Level 3.53 X 2.67
  • Dining Main Level 4.55 X 2.87
  • Bedroom Main Level 3.56 X 2.72
  • Bathroom Main Level
  • Bathroom Main Level
  • Bedroom Main Level 3.84 X 2.57

Courtesy of: Royal LePage Signature Realty

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Additional Photos