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$569,000
253 LESTER Street Unit# 101
Waterloo, Ontario, Ontario, N2L3W6
MLS® Number: 40746169
Property description
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.
Building information
Type
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Appliances
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Basement Type
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Constructed Date
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Construction Style Attachment
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Cooling Type
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Exterior Finish
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Heating Fuel
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Heating Type
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Size Interior
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Stories Total
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Utility Water
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Land information
Access Type
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Amenities
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Sewer
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Size Total
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Rooms
Main level
Living room
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Dining room
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Kitchen
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Bedroom
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Bedroom
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Bedroom
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Bedroom
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Bedroom
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4pc Bathroom
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3pc Bathroom
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Courtesy of ROYAL LEPAGE SIGNATURE REALTY
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