253 LESTER ST #101 Active Save Request In-Person Tour Request Virtual Tour
Waterloo,ON N2L3W6
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,158 sqft
Price per Sqft $491
Subdivision 417 - Beechwood/University
MLS Listing ID 40746169
Bedrooms 5
Condo Fees $790/mo
Year Built 2009
Property Sub-Type Condominium
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
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Parking Features Yes
View Y/N No
Building
Story 1
Sewer Municipal sewage system