#104 – 253 Lester Street
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 , yearly income $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.
Property Details
Rooms
Living Room
Dining Room
Kitchen
Bedroom
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Characteristics
Property
Inside
Building
Parking
Fees
Land
Sale History
| Date | Event | Price | MLS Number |
|---|---|---|---|
| Jan 21, 2026 | Listed | $569,900 | X12715914 |
| Mar 4, 2022 | Removed | X5505714 | |
| Feb 17, 2022 | Listed | $599,990 | X5505714 |
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