Listing ID: 40791792  
$530,000

253 LESTER Street Unit# 101

ROYAL LEPAGE SIGNATURE REALTY

253 LESTER Street Unit# 101, Waterloo, Ontario, N2L3W6
Bathrooms2 Bedrooms5
Property TypeSingle Family Built in2009
Building Area1158 sqft

Room #1 - vacating end of December, #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
GarageYes CarportNo
Attached GarageNo Open ParkingNo
WaterfrontNo ViewNo
Building
Cooling TypeCentral air conditioning CoolingYes
HeatingForced air Heating FuelNatural gas
Levels1 PoolNo
SewerMunicipal sewage system Stories1
Level Type Dimensions
Main level3pc BathroomMeasurements not available
Main level4pc BathroomMeasurements not available
Main levelBedroom12'7'' x 8'5''
Main levelBedroom11'8'' x 8'11''
Main levelBedroom10'7'' x 9'10''
Main levelBedroom11'7'' x 8'9''
Main levelBedroom13'10'' x 8'4''
Main levelKitchen12'11'' x 11'5''
Main levelDining room14'11'' x 9'5''
Main levelLiving room14'11'' x 9'3''

Listing Office: ROYAL LEPAGE SIGNATURE REALTY

Data Provided by Cornerstone Association of REALTORS®

Last Modified :Thu, 04 Dec 2025 19:50:06 GMT

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