253 Lester Street Unit# 101 Waterloo, Ontario N2L 3W6

5 Bedroom 2 Bathroom 1,158 ft2
Central Air Conditioning Forced Air

$569,000

Maintenance, Insurance, Heat, Water

$790.49 Monthly

Room #1 - Vacant, #2 - $825, ending Aug 26, 2025, #3 Vacant, #4 - $850, monthly, #5 - $825, ending Aug 26, 2025. 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 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, elevator access, and proximity to transit, shops, and amenities. (id:50886)

Property Details

MLS® Number 40746169
Property Type Single Family
Amenities Near By Public Transit, Schools
Features Laundry- Coin Operated

Building

Bathroom Total 2
Bedrooms Above Ground 5
Bedrooms Total 5
Appliances Dishwasher, Refrigerator, Stove, Hood Fan
Basement Type None
Constructed Date 2009
Construction Style Attachment Attached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1,158 Ft2
Type Apartment
Utility Water Municipal Water

Parking

Underground
None

Land

Access Type Road Access
Acreage No
Land Amenities Public Transit, Schools
Sewer Municipal Sewage System
Size Total Text Under 1/2 Acre
Zoning Description Gr

Rooms

Level Type Dimensions
Main Level 3pc Bathroom Measurements not available
Main Level 4pc Bathroom Measurements not available
Main Level Bedroom 12'7'' x 8'5''
Main Level Bedroom 11'8'' x 8'11''
Main Level Bedroom 10'7'' x 9'10''
Main Level Bedroom 11'7'' x 8'9''
Main Level Bedroom 13'10'' x 8'4''
Main Level Kitchen 12'11'' x 11'5''
Main Level Dining Room 14'11'' x 9'5''
Main Level Living Room 14'11'' x 9'3''

https://www.realtor.ca/real-estate/28554801/253-lester-street-unit-101-waterloo

Contact Us

Contact us for more information

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Poonam Taggar
Salesperson

(647) 668-2233
Royal LePage Signature Realty
30 Eglinton Ave West Suite 7
Mississauga, Ontario L5R 3E7

(905) 568-2121
(905) 568-2588
www.royallepagesignature.com/

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August 19 2025 04:20:15

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