Waterloo, ON N2L3W6,253 Lester ST #101
Waterloo, ON N2L3W6,253 Lester ST #101
Waterloo, ON N2L3W6,253 Lester ST #101
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$569,000
Est. payment /mo
5 Beds
2 Baths
1,000 SqFt
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Key Details

Property Type Condo

Sub Type Condominium/Strata

Listing Status Active

Purchase Type For Sale

Square Footage 1,000 sqft

Price per Sqft $569

MLS® Listing ID X12251603

Bedrooms 5

Condo Fees $790/mo

Property Sub-Type Condominium/Strata

Source Toronto Regional Real Estate Board

Property 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. (id:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Main level 4.26 m X 2.74 m Living room

Extra Room 2 Main level 4.26 m X 2.74 m Dining room

Extra Room 3 Main level 3.65 m X 3.35 m Kitchen

Extra Room 4 Main level 3.96 m X 2.43 m Bedroom

Extra Room 5 Main level 3.35 m X 2.43 m Bedroom 2

Extra Room 6 Main level 3.04 m X 2.74 m Bedroom 3

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

Community Features Pet Restrictions

View Y/N No

Private Pool No

Others

Ownership Condominium/Strata


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Jeffrey Sefton

Jeffrey Sefton

+1(778) 235-4501

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253 Lester ST #101