Listing ID: X12596864  
$530,000

101 - 253 LESTER STREET

ROYAL LEPAGE SIGNATURE REALTY

101 - 253 LESTER STREET, Waterloo, Ontario, N2L3W6
Bathrooms2 Bedrooms5
Property TypeSingle Family Building Area1000 - 1199 sqft

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. (id:10648)


Details
GarageNo CarportNo
Attached GarageNo Open ParkingNo
WaterfrontNo Community FeaturesPets Allowed With Restrictions
ViewNo
Building
Cooling TypeCentral air conditioning CoolingYes
HeatingForced air Heating FuelNatural gas
PoolNo
Level Type Dimensions
Main levelLiving room4.26 m X 2.74 m
Main levelDining room4.26 m X 2.74 m
Main levelKitchen3.65 m X 3.35 m
Main levelBedroom3.96 m X 2.43 m
Main levelBedroom 23.35 m X 2.43 m
Main levelBedroom 33.04 m X 2.74 m
Main levelBedroom 43.35 m X 2.43 m
Main levelBedroom 53.65 m X 2.43 m
Main levelBathroom1.82 m X 1.21 m
Main levelBathroom1.21 m X 1.21 m

Listing Office: ROYAL LEPAGE SIGNATURE REALTY

Data Provided by Toronto Regional Real Estate Board

Last Modified :Fri, 09 Jan 2026 00:31:17 GMT

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