101 - 253 LESTER STREET

Waterloo, , N2L3W6, Canada

$530,000

Room #1 - vacating end of December, #2 - Vacant, #3 Vacant, #4 - $750, Lease Ending 25th Aug, 2028, #5 - Vacant. 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.

EXTRAS: Refrigerator, Dishwasher, Stove, Hood Fan, Window Coverings

Last updated on : Wednesday 3rd of December 2025 10:55:42 AM

ADDRESS

Street : 101 - 253 LESTER STREET

City : Waterloo

Country : Canada

Postal Code : N2L3W6

Open in Google Map

PROPERTY SUMMARY

Property ID : X12596864

Building Type : Apartment

Property Type : Single Family

Bedrooms : 5

Bathrooms : 2

Parking Type: No Garage

Maintenance Fees : $790.49

Similar Properties

Single Family

116 DARRAS COURT

Brampton (Southgate), Ontario, L6T1W7

$489,990

Beds: 5Baths: 3

property Type: Row / Townhouse

type: Sale

KAMAL AMIRTHALINGAM
20 hours ago

DETAILS

Single Family

1221 MIKE WEIR DRIVE

Sarnia, Ontario, N0N1C0

$1,199,900

Beds: 5Baths: 3

property Type: House

type: Sale

LAURIE SOMERS
11 hours ago

DETAILS

Single Family

9 BRIAR PATH

Brampton (Avondale), Ontario, L6T2A2

$545,000

Beds: 5Baths: 2

property Type: Row / Townhouse

type: Sale

KARINA ESKANDARY
15 hours ago

DETAILS

Single Family

76 KNIGHTSBRIDGE WAY

Markham (Markham Village), Ontario, L3P3W5

$988,000

Beds: 5Baths: 3

property Type: Row / Townhouse

type: Sale

ROGER KORTSCHOT
1 month ago

DETAILS

Single Family

23 - 675 VICTORIA ROAD NORTH NORTH

Guelph (Victoria North), Ontario, N1E0S9

$929,000

Beds: 5Baths: 4

property Type: Row / Townhouse

type: Sale

MIRELLA DIVITANTONIO
2 months ago

DETAILS

Inquire about this property