Waterloo, ON N2L3W6,253 LESTER ST #101
Waterloo, ON N2L3W6,253 LESTER ST #101
Waterloo, ON N2L3W6,253 LESTER ST #101
34
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$569,000
Est. payment /mo
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5 Beds
2 Baths
1,158 SqFt
Active

253 LESTER ST #101 Waterloo, ON N2L3W6

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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

Source Cornerstone Association of Realtors

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 Measurements not available 3pc Bathroom

Extra Room 2 Main level Measurements not available 4pc Bathroom

Extra Room 3 Main level 12'7'' x 8'5'' Bedroom

Extra Room 4 Main level 11'8'' x 8'11'' Bedroom

Extra Room 5 Main level 10'7'' x 9'10'' Bedroom

Extra Room 6 Main level 11'7'' x 8'9'' Bedroom

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features Yes

View Y/N No

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Others

Ownership Condominium


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Listed by ROYAL LEPAGE SIGNATURE REALTY

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agent

Mica Sadler

CEO | REALTOR®

+1(519) 589-3521

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253 LESTER ST #101