253 Lester St #101, Waterloo, Ontario N2L 3W6
Contact us about this property
Highlights
Estimated valueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.Not available
Price/Sqft$491/sqft
Monthly cost
Open Calculator
Curious about what homes are selling for in this area?
Get a report on comparable homes with helpful insights and trends.
+9
Properties sold*
$485K
Median sold price*
*Based on last 30 days
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.
Property Details
Interior
Features
Main Floor
Bedroom
4.22 x 2.54Kitchen
3.94 x 3.48Dining Room
4.55 x 2.87Bedroom
3.53 x 2.67Exterior
Features
Condo Details
Amenities
Elevator(s), Other
Inclusions
Property History
