253 Lester Street Unit# 101, Waterloo, Ontario

$569,000

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5

Beds

2

Baths

1,158

Square feet

About 253 Lester Street Unit# 101

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:6289)

Features of 253 Lester Street Unit# 101

Listing # 40746169
Price $569,000
Bedrooms 5
Bathrooms 2.00
Square Footage 1,158
Acres 0.00
Year Built 2009
Type Single Family
Sub-Type Condominium

Community Information

Address 253 Lester Street Unit# 101
Subdivision 417 - Beechwood/University
City Waterloo
Province Ontario
Postal Code N2L3W6

Amenities

Amenities Public Transit, Schools
Features Laundry- Coin operated
Parking None, Underground
Is Waterfront No
Has Pool No

Interior

Appliances Dishwasher, Refrigerator, Stove, Hood Fan
Heating Natural gas Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 1
Has Basement No

Exterior

Exterior Brick

Listing Details

OfficeROYAL LEPAGE SIGNATURE REALTY

Listing Map

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