$530,000
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101 253 Lester Street, Waterloo on N2L 3W6, Waterloo, ON N2L 3W6

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5 Beds
2 Baths
1,158 Sq Ft

Room #1 - vacating end of December, #2 - Vacant, #3 Vacant, #4 - $750, Lease Ending 25th Aug, 2028, #5 - Vacant. 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.

Listing By: Poonam Taggar - ROYAL LEPAGE SIGNATURE REALTY cnitso Realty.com
  • MLS® 40791792
  • Date Listed12/03/2025
  • Days on Realty 184 Days
  • Bedrooms 5
  • Bathrooms 2 Full baths
  • Lot Size -
  • County Waterloo
  • Year Built 2009
  • Square Feet 1,158 sq. ft
  • Price Per Sq. Ft $457.69

Interior Features

  • Appliances Dishwasher, Range Hood, Refrigerator, Stove
  • Cooling Central Air
  • Heating Forced Air, Natural Gas

Exterior / Lot Features

  • Roof Other
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Urban, Ample Parking, Public Transit, Schools, Other

Directions

University/Lester

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N2L 3W6

Discover key demographics, population statistics, and environmental insights for the Waterloo, ON area.

Walkability in ON / N2L 3W6

Source: Walk Score

57/100

Somewhat Walkable

Walk Score ®

70/100

Excellent Transit

Transit Score ®

94/100

Biker's Paradise

Bike Score ®

Overview

Some errands can be accomplished on foot. Transit is convenient for most trips. Daily errands can be accomplished on a bike.

Transit Summary

18 nearby routes: 17 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 51/100, Transit Score: 42/100, Bike Score: 62/100.

Points of Interest near 101 253 Lester Street, Waterloo ON N2L 3W6, Waterloo, ON N2L 3W6

Frequently Asked Questions for 101 253 Lester Street, Waterloo ON N2L 3W6

Source: Realty.com

101 253 Lester Street, Waterloo ON N2L 3W6, Waterloo, ON N2L 3W6 in Waterloo, ON N2L 3W6 is a attached listed at $530,000. Highlights include 5 bedrooms, 2 bathrooms, 1,158 sq. ft., built in 2009, $458 per sq. ft., HOA fee $790 Monthly. Realty.ca has 35 photos, sales history, school insights, and mortgage tools for ...

Realty.com has 35 photos of 101 253 Lester Street, Waterloo ON N2L 3W6.

Our records indicate that 101 253 Lester Street, Waterloo ON N2L 3W6 was built in 2009.

The full address for this home is 101 253 Lester Street, Waterloo ON N2L 3W6, Waterloo, ON N2L 3W6.

101 253 Lester Street, Waterloo ON N2L 3W6 has been listed on Realty.com since Wed December 03, 2025

Some errands can be accomplished on foot. Transit is convenient for most trips. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 51/100, Transit Score: 42/100, Bike Score: 62/100.

Listing provided courtesy of: Royal Lepage Signature Realty - itso (tel: 905-568-2121)
Listing agent: Poonam Taggar

This content last refreshed on 2026-06-05 12:00:12. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.