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$569,000

Added 12 days ago

101 - 253 Lester St, Waterloo, ON

House

For Sale

Listed price in listed location currency (CAD).
$569,000

Added 12 days ago

521158 sqft0
  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Attached
Levels Residential
Size 1158 sqft
Garage No
Taxes $3,538
Days Active 12
Lot Size 
Approx. Age 2009
Avg. Price Per Sqft $491
MLS® Number 40746169

Property Address: 101 - 253 Lester St, Waterloo, Ontario

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number40746169
Laundry LevelCoin Operated
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age2009
Basement
Driveway
Garage Spaces
HeatForced Air, Natural Gas
A/CCentral Air
Heating Fuel

Extras

Dishwasher, Furniture, Range Hood, Refrigerator, Stove, Fridge, Stove, Hood Fan, B/I Dishwasher

Rooms

Kitchen:MainNot available
101 - 253 Lester St, Waterloo, ON

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