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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 which totals a yearly income of $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.
City: Waterloo

| Purchase Price | $569,900 |
| Down Payment | $113,980 |
| Mortgage Insurance | $0 |
| Total Mortgage | $455,920 |
| Mortgage Payment | $2,809 |
| Property Taxes | $328 |
| Maintenance Fees | $802 |
| Monthly Payment | $3,939 |
Located at 253 Lester Street Unit ##104, this Waterloo condo is available for sale. This property was listed for $569,900 on Wed Jan 21 2026. It has 5 bedrooms and 2 bathrooms. Monthly maintenance is $802 per month and taxes are approximately $3,932 annually. The property's amenities include Public Transit, School. The property includes the following rooms: .
MLS#: undefined · $569,900 · 5 bedroom condo in Waterloo