253 Lester Street 101

Incredible turnkey investment in the heart of Waterloo's university district! This purpose-built 5-bedroom, 2-bathroom condo at 251 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 facilities, elevator access, and proximity to transit, shops, and various amenities.

Incredible turnkey investment in the heart of Waterloo's university district! This purpose-built 5-bedroom, 2-bathroom condo at 251 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 facilities, elevator access, and proximity to transit, shops, and various amenities.

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 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.

Calling all investors, MOTIVATED SELLER! An Exceptional Investment Opportunity Awaits! This Fully Furnished Property, Just Minutes From The University Of Waterloo And Wilfred Laurier University, Features 5 Spacious Bedrooms And 2 Full Bathrooms, With A Large Common Area Including L Shaped kitchen And Spacious Bright Living Room. Walking Distance To Shopping, Restaurants, And Many Other Amenities. Buyer to assume the property management service agreement and have the option to Opt out at the end of the term.

253 Lester St. #401 is a turnkey student rental investment property in the heart of Waterloo's university district. This spacious 5-bedroom, 2-bathroom condo is purpose-built for student living and delivers strong, consistent rental income with minimal effort. Just steps from Wilfrid Laurier University and the University of Waterloo, this location attracts reliable tenants year after year. The thoughtfully designed layout features approximately 1,158 sq ft of living space, including five generously sized bedrooms, two full bathrooms, and a large open-concept common area highlighted by an L-shaped kitchen and a bright living/dining room - perfect for gatherings, study sessions, or relaxing after class (recently updated with new furniture). Condo fees include heat and water, keeping operating costs low. The building offers elevator access, a brand-new onsite laundry facility for added tenant convenience, central air conditioning, and proximity to public transit, shopping, restaurants, and all essential amenities. Street parking and additional building parking options are available. Whether you're an experienced investor or looking for your first student rental property, this unit offers hands-off potential with proven gross rental income potentially exceeding $45,000 per year (based on current market rents in the building). Many similar units in the complex are fully tenanted with long-term leases, delivering stable cash flow in this ever-growing university hub. Don't miss your chance to own a worry-free (excellent onsite management available), income-generating property in one of Waterloo's most sought-after student locations. Schedule your viewing today!

Fantastic Opportunity in the Heart of Waterloo! This spacious 4-bedroom condo is located just steps from the University of Waterloo, making it an excellent choice for students, professionals, families, or investors. Vacant possession is available, allowing you to move in immediately or set your own rental rates. Renovated a few years ago, this bright and functional unit features 2 updated bathrooms, an open-concept kitchen with ample cabinetry and storage, in-suite laundry, and 6 included appliances. The thoughtfully designed layout offers comfortable living with excellent rental potential.The building includes secure underground parking and a private storage locker. Conveniently located near the University of Waterloo, schools, public transit, shopping, restaurants, and beautiful Waterloo Park.

Calling all INVESTORS , FIRST TIME HOME BUYERS AND FAMILIES ALIKE ! This exceptional 5 bedroom townhouse has the potential of $3,500 to$4,000 per month rent !, For families and first time home buyers the square footage offers incredible value. The spacious layout seamlessly flows from room to room, creating an inviting atmosphere for both relaxation and entertainment. Enjoy preparing meals with ease as there is noshortage of counter space in the kitchen. Morning coffee or barbecues with friends on your patio. Each bedroom offering plenty of space, natural light, and closet storage. The master bedroom features an ensuite bath & walk in closet . Downstairs, is a rec room for movie nights and entertaining. There is an abundance of storage in the basement for all of your extra belongings. Take advantage of the proximity to excellent schools, Wilfred Laurier University, Waterloo University as well as the Conestoga College campus, Miles of scenic walking trails for outdoor enthusiasts to explore the natural beauty of the surrounding area. For those who enjoy shopping and dining, you're in luck! This property is conveniently located within walking distance to great shopping destinations and local eateries, providing endless opportunities for leisure! No scraping your car this upcoming winter as there is a underground parking space included.

FULLY VACANT!! Calling all investors, parents of university students, and savvy buyers looking for an exceptional income-generating opportunity! This exceptional 4-bedroom apartment was previously rented for $3,300 per month, offering a strong rental history and excellent income potential for investors. This one-of-a-kind property offers outstanding rental potential with a spacious multi-level layout featuring 4 bedrooms, a bathroom on every level, and a shared kitchen configuration ideal for student housing or multi-tenant occupancy. The spacious floor plan offers a seamless flow throughout the apartment, providing the perfect balance of comfort and every day living. Freshly painted throughout and enhanced with new waterproof vinyl flooring on the upper level, this move-in-ready property blends modern updates with timeless character. Originally a 1900s industrial building thoughtfully converted to residential use in 2002, this unique home showcases soaring ceilings, exposed beams, exposed brick, and stone accents, creating a stunning urban loft feel that stands out from the ordinary. Residents also enjoy access to secured bike storage, a media lounge/recreation area to relax and unwind, and convenient onsite laundry facilities. Located in one of Waterloo's most sought-after neighbourhoods, take advantage of the proximity to the University of Waterloo, Wilfred Laurier University, Conestoga College Waterloo Campus, the ION LRT, public transit, grocery stores, restaurants, cafés, and everyday amenities. Enjoy miles of scenic walking trails just moments from your doorstep, offering outdoor enthusiasts the perfect opportunity to explore the natural beauty of the surrounding area year-round. With a proven rental history, consistently high occupancy, and the flexibility of being fully vacant, this is a rare opportunity for investors to set their own rents or for end users looking to capitalize on an incredible location. Book your private showing today!