Maintenance fees
$790.49
Locker
-
Exposure
-
Possession
-
Price per sqft
$491
Taxes
$3,538 (2024)
Outdoor space
-
Age of building
16 years old
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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.
Broker: ROYAL LEPAGE SIGNATURE REALTY
MLS®#: 40746169
Property details
Neighbourhood:
Parking:
-
Parking type:
-
Property type:
Condo Apt
Heating type:
Forced Air
Style:
1 Storey/Apt
Ensuite laundry:
-
MLS Size:
1158 sqft
Listed on:
Jul 3, 2025
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Rooms
| Name | Size | Features |
|---|---|---|
Bedroom | 4.22 x 2.54 ft | |
Kitchen | 3.94 x 3.48 ft | |
Dining Room | 4.55 x 2.87 ft |
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Elevator
Included in Maintenance Fees
Heat
Water
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