$ 569,900
#104 - 253 Lester Street
University Supermarket

#104 - 253 Lester Street

公寓
Waterloo, Ontario N2L 3W6
5 2 1 1000-1199 sqft
5 2 1
1000-1199 sqft
$ 569,900
Sale
Taxes $3,932 2025
Maintenance $802 / mo
Estimated Monthly Mortgage $1479
Estimated Closing Costs $--
University Supermarket

History

MLS®# X12715914

MLS®# X12715914

2026.01.21 New $569,900

Other Records

2022.02.17 - 2022.03.04 MLS®# X5505714 Terminated $599,990

Details

Interior Rooms
MLS®#
copy
Type
公寓
Style
Condo Apartment
Age
11-15
Size (sqft)
1000-1199
Exposure
South West
Lot Size
Contact Agent
Parking
0 Total Parking Spaces
0 None Garage
0 Parking Spaces
Last Update
2026-01-21
Possession Date
30 - 90 days
Listing Date
2026-01-21
Basement
None
Fireplace
N
Heating
Gas
Air Conditioning
Central Air
Locker
None
Water Included
Y
Pet
No
Condo Corporation
641
Management Company
Rentcorp Property Management Inc.
Broker
CITYSCAPE REAL ESTATE LTD.
Room(s) Stories
Length x Width ( Size )
Descriptions
Living Room Flat
Contact Agent
Dining Room Flat
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Kitchen Flat
Contact Agent
Bedroom Flat
Contact Agent
Bedroom 2 Flat
Contact Agent
Bedroom 3 Flat
Contact Agent
Bedroom 4 Flat
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Bedroom 5 Flat
Contact Agent

About

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. Fridge, Stove, Built In Dishwasher, Furniture Included (Kitchen Table , 4 Chairs, Coffee Table And Couch, Dresser Cabinet, 5 Bed Frame And Mattress, 5 Desks And Blinds Included. All existing lighting

The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.

Investment Analysis

Estimated Monthly Costs
--
per month
Estimated Closing Costs
--
Property Tax $3,932 2025 year

Schools

JK - Grade12 University/College

Elementary (JK-G8)

Fraser Rank(2018) 1921 / 3052 English
English
Fraser Rank(2018) 2211 / 3052 Catholic English
Fraser Rank(2018) 993 / 3052 Catholic French
Fraser Rank(2018) 1062 / 3052 Catholic English

Secondary (G9-G12)

Fraser Rank(2023) 349 / 747 Secondary English AP
Fraser Rank(2023) 86 / 747 Secondary Catholic English AP
Fraser Rank(2023) 238 / 747 Secondary Catholic English AP
Fraser Rank(2023) 367 / 747 Secondary Catholic English AP
Wilfrid Laurier University - Martin Luther University College 606 m
75 University Ave W, Waterloo, ON N2L 3C5
(519)884-0710ext3234
Wilfrid Laurier University - Main Campus 606 m
75 University Ave W, Waterloo, ON N2L 3C5
(519)884-1970
University of Waterloo - Main Campus 904 m
200 University Avenue West, Waterloo, ON, Canada N2L 3G1
(519)888-4567

Neighbourhood

Groceries
T&T Supermarket 1.4 km
50 Westmount Road, Waterloo, ON

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