253 Lester Street 101
Waterloo, N2L 3W6
For Sale
5.10 BTC

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5
BEDROOMS2
BATHROOMS1
KITCHENS8
ROOMSX12596864
MLSIDContact Us
Property Description
Room #1 - Vacant, #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.
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Nearby Intersections
Property Features
Other, Underground, Coin Operated, In Building
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Property Details
Property Type
Condo Apartment
Taxes
$3,809 (2025)
Basement
None
Heat Type
Forced Air
Heat Source
Gas
Parking 1
None
Garage Type
None
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Listing contracted with Royal Lepage Signature Realty
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