Maintenance fees
$790.49
Locker
-
Exposure
-
Possession
-
Price per sqft
$378
Taxes
$4,059 (2024)
Outdoor space
-
Age of building
-
See what's nearby
Description
Room #1 - $895, ending Aug 28, 2028, #2 - $895, ending Aug 28, 2028, #3 - $895, ending Aug 28, 2028, #4 - Vacant, #5 - $875, month 2 month. 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.
Broker: ROYAL LEPAGE SIGNATURE REALTY
MLS®#: 40786801
Property details
Neighbourhood:
Parking:
-
Parking type:
-
Property type:
Condo Apt
Heating type:
Forced Air
Style:
1 Storey/Apt
Ensuite laundry:
-
MLS Size:
1389 sqft
Listed on:
Nov 8, 2025
Show all details
Rooms
| Name | Size | Features |
|---|---|---|
Dining Room | 3.43 x 8.43 ft | |
Living Room | 2.90 x 2.82 ft | |
Kitchen | 3.43 x 8.43 ft |
Instant estimate:
Not Available
Insufficient data to provide an accurate estimate
i
High-
Mid-
Low-
Have a home? See what it's worth with an instant estimate
Use our AI-assisted tool to get an instant estimate of your home's value, up-to-date neighbourhood sales data, and tips on how to sell for more.
Elevator
Included in Maintenance Fees
Heat
Water
Create an account
Create an account
Create an account
Create an account