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$569,000
Available - For Sale
Listing ID: X12251603
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.
Price $569,000
Taxes: $3,538
Occupancy by: Tenant
Address: 253 Lester Stre , Waterloo, N2L 3W6, Waterloo
Postal Code: N2L 3W6
Province/State: Waterloo
Directions/Cross Streets: University Ave W/Lester St
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 13.97 8.99
Room 2: Main Dining Ro 13.97 8.99
Room 3: Main Kitchen 11.97 10.99
Room 4: Main Bedroom 12.99 7.97
Room 5: Main Bedroom 2 10.99 7.97
Room 6: Main Bedroom 3 9.97 8.99
Room 7: Main Bedroom 4 10.99 7.97
Room 8: Main Bedroom 5 11.97 7.97
Room 9: Main Bathroom 5.97 3.97
Room 10: Main Bathroom 3.97 3.97
No. of Pieces Level
Washroom 1:  4 Flat
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Total Area: 0
Approximatly Age: 16-30
Maintenance: 790.49
Heat Type: Forced Air
Central Air Conditioning: Central Air
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE SIGNATURE REALTY

253 Lester Stre , Waterloo, N2L 3W6, Waterloo


 
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At a Glance:
Type: Com - Condo Apartment
Area: Waterloo
Municipality: Waterloo
Neighbourhood: Dufferin Grove
Style: Apartment
Lot Size: x 0.00()
Approximate Age: 16-30
Tax: $3,538
Maintenance Fee: $790.49
Beds: 5
Baths: 2
Garage: 0
Fireplace: N
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