Maintenance fees
$802.00
Locker
None
Exposure
S
Possession
Immediate
Price per sqft
$364 - $424
Taxes
$3,768 (2025)
Outdoor space
-
Age of building
16-30 years old
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Description
Turnkey cash-flow opportunity in Waterloo's premier university district! This purpose-built 5-bedroom, 2-bathroom investment condo at 253 Lester St offers exceptional income potential. Ideally positioned just steps from Wilfrid Laurier University and the University of Waterloo, this high-demand rental location supports strong tenant demand and consistent occupancy year after year. The unit features afunctional open-concept layout, spacious bedrooms, two full bathrooms, and comes fully furnished for seamless tenant turnover. Building amenities include parking, elevator access, shared laundry facilities, and convenient proximity to public transit, shopping, restaurants, and everyday essentials.
Broker: ROYAL LEPAGE SIGNATURE REALTY
MLS®#: X13170624
Property details
Neighbourhood:
Parking:
No
Parking type:
-
Property type:
Condo Apt
Heating type:
Fan Coil
Style:
Apartment
Ensuite laundry:
No
MLS Size:
1200-1399 sqft
Listed on:
May 25, 2026
Show all details
Rooms
| Name | Size | Features |
|---|---|---|
Kitchen | 0.0 x 0.0 ft | |
Living Room | 9.5 x 9.2 ft | |
Dining Room | 0.0 x 0.0 ft |
Instant estimate:
orto view instant estimate
$5,483
higher than listed pricei
High
$542,855
Mid
$514,483
Low
$499,228
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Included in Maintenance Fees
Heat
Water
1/44
Featured
$549,990
5BD
2BA
0 Parking
1,200-1,399 sqft
Maint. Fee $802
MLS#: X13126804
PROPERTY.CA INC.
1/42
$509,000
2 days
5BD
2BA
0 Parking
1,200-1,399 sqft
Maint. Fee $802
MLS#: X13170540
ROYAL LEPAGE SIGNATURE REALTY
1/41
$509,000
15 days
5BD
2BA
0 Parking
1,200-1,399 sqft
Maint. Fee $781
MLS#: X13115662
ROYAL LEPAGE SIGNATURE REALTY
1/36
$525,000
200 days
5BD
2BA
0 Parking
1,200-1,399 sqft
Maint. Fee $790
MLS#: X12525442
ROYAL LEPAGE SIGNATURE REALTY