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101 - 253 LESTER STREET
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101 - 253 LESTER STREET $530,000
$530,000
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101 - 253 LESTER STREET
Waterloo, Ontario N2L3W6

MLS® Number: X12596864
5
Bedrooms
2
Bathrooms
1000 - 1199
Square Feet

Listing Description

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. (41755174)

Location Description

University Ave W/Lester St

Property Summary

Property Type
Single Family
Building Type
Apartment
Square Footage
1000 - 1199 sqft
Title
Condominium/Strata
Age Of Building
16 to 30 years
Annual Property Taxes
$3,809
Parking Type
No Garage
Time on REALTOR.ca
9 days

Building

Bedrooms
Above Grade
5
Bathrooms
Total
2
Interior Features
Appliances Included
Dishwasher, Hood Fan, Stove, Window Coverings, Refrigerator
Basement Type
None
Building Features
Features
Laundry- Coin operated
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
Pets Allowed With Restrictions
Maintenance or Condo Information
Maintenance Fees
$790.49 Monthly
Maintenance Fees Include
Heat, Water, Common Area Maintenance, Insurance
Maintenance Management Company
CIE Property Management
Parking
Parking Type
No Garage
Total Parking Spaces
0

Measurements

Square Footage
1000 - 1199 sqft

Rooms

MetricImperial
Main level
Living room
Dining room
Kitchen
Bedroom
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Bathroom
Bathroom
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647-685-5040
REALTOR® Website
Email
ROYAL LEPAGE SIGNATURE REALTY
Brokerage
905-568-2121
905-568-2588
647-668-2233
Email
ROYAL LEPAGE SIGNATURE REALTY
Brokerage
30 EGLINTON AVE W STE 7
MISSISSAUGA, Ontario L5R3E7
905-568-2121
905-568-2588

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