253 LESTER Street UnitNo. 101, Waterloo FOR SALE

Brokered by: ROYAL LEPAGE SIGNATURE REALTY

MLS®: 40746169 (Condominium)

Price: $569,000.00

Address: 253 LESTER Street UnitNo. 101, Waterloo
FOR SALE
Subdivision: 417 - Beechwood/University
Postal Code: N2L3W6
Style: Attached
Type: Single Family Apartment
Maint/Condo. Fee: 790.49
Fee Includes: Monthly Insurance, Heat, Water
Bedrooms: 5
Bathrooms: 2
Bedrooms Aboveground:  5
Bedrooms Belowground:  0
Parking:  Underground
Garage: Underground
Lot Size:   x
Stories:  1


About 253 Lester Street Unitno. 101

Room No.1 - Vacant, No.2 - $825, ending Aug 26, 2025, No.3 Vacant, No.4 - $850, monthly, No.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. (id:56071). Get more information on 253 Lester Street Unitno. 101

Property Features

Appliances:  Dishwasher, Refrigerator, Stove, Hood Fan
Features:  Laundry- Coin operated
Rental Equipment:  
Directions:  University/Lester
Zoning Description:  GR
Interior Size:  1158 sqft
Access:  Road access
Lot:  under 1/2 acre
Exterior Finish:  Brick
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   Natural gas / Central air conditioning
Age:  2009
Constructed Date:  2009
Basement:  None

Rooms & Sizes

 3pc Bathroom Main level Measurements not available  4pc Bathroom Main level Measurements not available  Bedroom Main level 12 7 x 8 5
 Bedroom Main level 11 8 x 8 11  Bedroom Main level 10 7 x 9 10  Bedroom Main level 11 7 x 8 9
 Bedroom Main level 13 10 x 8 4  Kitchen Main level 12 11 x 11 5  Dining room Main level 14 11 x 9 5
 Living room Main level 14 11 x 9 3    

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JD

John DiRenzo

Sales Representative
RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490

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John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.