101-253 Lester Street, Waterloo ON N2L 3W6

$ 569,000
101-253 Lester Street, Waterloo ON N2L 3W6,
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Overview

  • Updated On:
  • July 3, 2025
  • 5 Bedrooms
  • 2 Bathrooms
  • 1,158 ft2

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.

Address: 101-253 Lester Street, Waterloo ON N2L 3W6
City:
State/County:
Zip: N2L 3W6
Country: United States
Open In Google Maps
Property Id : 2939814
Price: $ 569,000
Property Size: 1,158 ft2
Rooms: 10
Bedrooms: 5
Bathrooms: 2
Other Features
Dishwasher
Elevator
Has Heating System
Home Owners Association
Property Attached
Range Hood
Refrigerator
Stove
$ 2,206.13
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,206.13

Mazher Latif

Real Estate Agent
Member of: Cityscape Real Estate Ltd., Brokerage

Contact Me

Schedule a showing?
Call +1 (519) 209-6934 WhatsApp

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Mazher Latif