402-253 Lester Street, Waterloo, ON, N2L 3W6

$569,900

MLS® # 40754136

Condo For Sale In Columbia, Waterloo, Ontario

$569,900

  • 5

    Bedrooms

  • 2

    Baths

  • $790.49

    Maintenance Fees

Property Information:

Ideally located just steps from Wilfrid Laurier University and the University of Waterloo, this purpose-built 5 bedroom, 2 bathroom condo at 253 Lester St is a low-maintenance addition to any investor’s portfolio! With the potential to generate over $50,000 per year in gross rental income, this property offers strong cash flow and consistent year-round tenancy! The thoughtfully designed layout features a spacious open concept living area with an updated kitchen and a bright, welcoming common room - perfect for student living! Condo fees include heat, water and air conditioning, the building features parking, shared laundry facilities, elevator access and an unbeatable proximity to transit, shopping, restaurants and all major amenities! The unit also offers professional property management for a completely hands-off experience! A rare opportunity to own a turnkey investment in one of Waterloo’s most sought-after rental locations!

Inclusions: Range Hood,Refrigerator,Stove

Building Features:

  • Floor Space: 1158 Square Feet

Property Features:

  • Bedrooms: 5
  • Bathrooms: 2+0
  • Acres Range:
  • Architectural Style: 1 Storey/Apt
  • Association Amenities: Elevator(s)
  • 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
  • Laundry Features: Coin Operated
  • Lot Depth: 271.03 Feet
  • Lot Features: Urban, Rectangular, Park, Place of Worship, Public Transit, Rec./Community Centre, Shopping Nearby
  • Lot Frontage: 135.14 Feet
  • Other Structures: None
  • Road Frontage Type: Public Road
  • Roof: Flat
  • Water Source: Municipal
  • Zoning: GR
  • Sewer: Sewer (Municipal)

Rooms:

  • Bedroom Main Level 3.53 X 2.67
  • Bedroom Main Level 4.22 X 2.54
  • Kitchen Main Level 3.94 X 3.48
  • Bedroom Main Level 3.23 X 3.00
  • Bedroom Main Level 3.84 X 2.57
  • Bedroom Main Level 3.56 X 2.72
  • Other Main Level 4.55 X 2.82 Note: Living/Dining Room
  • Bathroom Main Level
  • Bathroom Main Level

Courtesy of: KELLER WILLIAMS INNOVATION REALTY

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Additional Photos