253 Lester Street #101, Waterloo
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.
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253 Lester Street, Waterloo, ON N2L 3W6
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253 Lester Street is a Condo Property located in the city of Waterloo. 253 Lester Street has been listed For Sale at $569,000 since Jun 28 2025. This Condo Apartment has 5 bedrooms, 2 bathrooms and is 1000-1199 sqft. , with the nearest intersection being University Ave W/Lester St.
Listing Brokerage: ROYAL LEPAGE SIGNATURE REALTY