$509,000
253 Lester Street 101, Waterloo, ON N2L 3W6
Waterloo
- Bedrooms
- 5
- Bathrooms
- 2
- Parking
- 0
- Type
- Condo Apartment
About this listing
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.
Property details
- Days on market
- 2 days
- Property taxes
- $3,950/yr (2026)
- Maintenance fee
- $802/mo
- Fee includes
- Heat Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included
- Style
- Apartment
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Basement
- None
- Construction
- Brick
- Approximate age
- 16-30
Payment calculator
- Mortgage amount
- $407,200
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Location
View Walk Score, Transit Score & Bike Score
Walkability, transit, and bike-friendliness for 253 Lester Street 101, Waterloo, ON N2L 3W6
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X13575452
Listed by ROYAL LEPAGE SIGNATURE REALTY
On market since Jul 17, 2026
Similar listings
About 253 Lester Street 101, Waterloo, ON N2L 3W6
How much is 253 Lester Street 101, Waterloo, ON N2L 3W6?
253 Lester Street 101, Waterloo, ON N2L 3W6 is listed for $509,000 CAD.
How many bedrooms and bathrooms does 253 Lester Street 101, Waterloo, ON N2L 3W6 have?
253 Lester Street 101, Waterloo, ON N2L 3W6 has 5 bedrooms and 2 bathrooms.
What type of property is 253 Lester Street 101, Waterloo, ON N2L 3W6?
253 Lester Street 101, Waterloo, ON N2L 3W6 is a Condo Apartment.
What neighbourhood is 253 Lester Street 101, Waterloo, ON N2L 3W6 in?
253 Lester Street 101, Waterloo, ON N2L 3W6 is in Waterloo, Ontario.
Is 253 Lester Street 101, Waterloo, ON N2L 3W6 for sale or for rent?
253 Lester Street 101, Waterloo, ON N2L 3W6 is currently for sale.
How do I book a showing for 253 Lester Street 101, Waterloo, ON N2L 3W6?
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 253 Lester Street 101, Waterloo, ON N2L 3W6 (MLS# X13575452). You can also send a message through the contact form on this site.