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2532 SFRoom #1 – vacating end of December, #2 – Vacant, #3 Vacant, #4 – $750, Lease Ending 25th Aug, 2028, #5 – Vacant. 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. (id:56590)
| Level | Type | Dimensions |
|---|---|---|
| Main level | Living room | 13.98 F x 8.99 F |
| Main level | Dining room | 13.98 F x 8.99 F |
| Main level | Kitchen | 11.98 F x 10.99 F |
| Main level | Bedroom | 12.99 F x 7.97 F |
| Main level | Bedroom 2 | 10.99 F x 7.97 F |
| Main level | Bedroom 3 | 9.97 F x 8.99 F |
| Main level | Bedroom 4 | 10.99 F x 7.97 F |
| Main level | Bedroom 5 | 11.98 F x 7.97 F |
| Main level | Bathroom | 5.97 F x 3.97 F |
| Main level | Bathroom | 3.97 F x 3.97 F |