#104 - 253 Lester Street

#104 - 253 Lester Street
#104 - 253 Lester Street
#104 - 253 Lester Street
+12
5
 bed
2
 bath
0
 parking
1000 - 1199
 sqft
Condo Apt
$569,900
For Sale
2 days
 on site
$569,900
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Maintenance fees
$802.00
Locker
None
Exposure
SW
Possession
Other
Price per sqft
$475 - $570
Taxes
$3,932 (2025)
Outdoor space
-
Age of building
11-15 years old
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Description
Opportunity Knocks! Freshly painted and impeccably maintained, this ground-floor CORNER unit offers a truly hands-off investment in a high-demand area. Centrally located along the university hub - walking distance to both University of Waterloo and Wilfrid Laurier University. All 5 bedrooms are fully tenanted, generating $3,800/month in rental income which totals a yearly income of $45,600. Tenancies are secured with 3-year leases beginning September 2025, providing exceptional stability and peace of mind for any investor. The building has recently added a brand-new onsite laundry facility, enhancing convenience for the tenants. A rare chance to step into a worry-free, income-producing property. Please see inclusions for furniture included.
Broker: CITYSCAPE REAL ESTATE LTD.
MLS®#: X12715914
Property details
Neighbourhood:
Parking:
No
Parking type:
None
Property type:
Condo Apt
Heating type:
Forced Air
Style:
Apartment
Ensuite laundry:
No
MLS Size:
1000-1199 sqft
Listed on:
Jan 21, 2026
Show all details
Rooms
NameSizeFeatures
Dining Room
0.0 x 0.0 ft
Bedroom 3
0.0 x 0.0 ft
Bedroom 2
0.0 x 0.0 ft
Show all
Instant estimate:
orto view instant estimate
$67
lower than listed price
i
High
$601,257
Mid
$569,833
Low
$552,936
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Included in Maintenance Fees

Heat
Water
101 - 253 Lester Street
1/34
$530,000
51 days
101 - 253 Lester Street
5BD
2BA
0 Parking
1,000-1,199 sqft
Maint. Fee $790
MLS#: X12596864
ROYAL LEPAGE SIGNATURE REALTY
51 days
2103 - 318 Spruce Street
1/36
$539,000
10 days
2103 - 318 Spruce Street
2+1BD
2BA
1 Parking
1,000-1,199 sqft
Maint. Fee $873
MLS#: X12690414
RE/MAX PROFESSIONALS INC.
10 days
1106 - 539 Belmont Avenue
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$999,999
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1513 - 1 Victoria Street S
1/44
$529,900
148 days
1513 - 1 Victoria Street S
2BD
2BA
1 Parking
1,000-1,199 sqft
Maint. Fee $1,070
MLS#: X12368947
SHAW REALTY GROUP INC.
148 days

About #104 - 253 Lester Street

#104 - 253 Lester Street is a Waterloo condo for sale. #104 - 253 Lester Street has an asking price of $569900, and has been on the market since January 2026. This condo has 5 beds, 2 bathrooms and is 1000-1199 sqft.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this condo.

For those residents of 253 Lester St, Waterloo without a car, you can get around rather easily. The closest transit stop is a Bus Stop (University Ave. / Sunview) and is a short distance away connecting you to Waterloo's public transit service. It also has route Hazel, route Westmount, and more nearby.