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$569,000
8 Days On Site

253 LESTER Street Unit# 101
Waterloo, ON N2L3W6

For Sale|Condominium|Active
5
Beds
2
Total Baths
1,158
SqFt
$491
/SqFt
2009
Built
Subdivision:
417 - Beechwood/University
County:
Call Now: 226-218-6875
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226-218-6875
253 LESTER Street Unit# 101253 LESTER Street Unit# 101253 LESTER Street Unit# 101253 LESTER Street Unit# 101
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Monthly Payment (Est.)

$2,596
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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:31684)

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Listing Snapshot
Price 
$569,000
Days On Site 
8 Days
Bedrooms 
5
Inside Area (SqFt) 
1,158 sqft
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2009
MLS® Number 
40746169
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$790.49 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Garage 
Yes
Parking 
Detached
Property Sub Type 
Condominium
Sewer 
Public Sewer
SqFt Total 
1158
Stories 
One
Interior Features
Cooling 
Central Air
Heating 
Forced AirNatural Gas
Bathroom 1 
Dimensions - Measurements not availableLevel - Main
Bathroom 2 
Dimensions - Measurements not availableLevel - Main
Bedroom 1 
Dimensions - 12'7'' x 8'5''Level - Main
Bedroom 2 
Dimensions - 11'8'' x 8'11''Level - Main
Bedroom 3 
Dimensions - 10'7'' x 9'10''Level - Main
Bedroom 4 
Dimensions - 11'7'' x 8'9''Level - Main
Bedroom 5 
Dimensions - 13'10'' x 8'4''Level - Main
Dining Room 
Dimensions - 14'11'' x 9'5''Level - Main
Kitchen 
Dimensions - 12'11'' x 11'5''Level - Main
Living Room 
Dimensions - 14'11'' x 9'3''Level - Main
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Community Features
Association Dues 
790.49
HOA Fee Frequency 
Monthly

Listing courtesy of: Poonam Taggar of ROYAL LEPAGE SIGNATURE REALTY

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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