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Hady Amin

[email protected] +1(226) 988-6700

$ 539,900

Est. payment | -/mo

5 Beds

2 Baths

Save

$ 539,900

Est. payment | -/mo

Save

5 Beds

2 Baths

Key Details

Property Type Condo

Sub Type Condo Apartment

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1000-1199

MLS Listing ID X13031346

Style Apartment

Bedrooms 5

HOA Fees $802

Annual Tax Amount $3,932

Tax Year 2025

Property Sub-Type Condo Apartment

Property 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 the University of Waterloo and Wilfrid Laurier University. All 5 bedrooms are fully tenanted. Three rooms are secured with 3-year leases beginning September 2025, providing exceptional stability and peace of mind for any investor. Two additional rooms have leases ending August 2026, offering the potential for new tenants at rates of up to $900 per room. The property currently generates $3,800/month in rental income, totaling $45,600 annually. The building has recently added a brand-new onsite laundry facility, enhancing convenience for tenants and boosting overall appeal .A rare chance to step into a worry-free, income-producing property in one of Waterloo's most sought-after student rental locations. Please see inclusions for furniture included.

Location

Province ON

County Waterloo

Area Waterloo

Zoning Residential

Rooms

Family Room No

Basement None

Kitchen 1

Interior

Interior Features Other

Cooling Central Air

Inclusions 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

Laundry In Building

Exterior

Parking Features None

Exposure South West

Balcony None

Building

Building Age 11-15

Locker None

Others

Senior Community No

Pets Allowed No

ParcelsYN No

Listed by CITYSCAPE REAL ESTATE LTD.

Nearby Locations

Hady Amin

Agent

+1(226) 988-6700 | [email protected]

253 Lester ST ##104 Waterloo, ON N2L 3W6

Hady Amin

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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253 Lester ST ##104

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