$509,000
253 Lester Street 101, Waterloo, ON N2L 3W6
5 beds2 baths0 parking 1000-1199 ft²
Key facts
- MLS®
- X13575452
- Status
- New
- Type
- Condo Apartment
- Taxes
- $3,950
- Size
- 1000-1199 ft²
- Parking
- 0 total
- Listed
- 2026-07-17
- Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
- Cross street
- University Ave W/Lester St
Description
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.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.