$530,000
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253 Lester Street Unit# 101, Waterloo, ON N2L3W6

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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. (id:58753)

Listing By: Poonam Taggar - ROYAL LEPAGE SIGNATURE REALTY cncrea2 Realty.com
  • MLS® 40791792
  • Date Listed12/03/2025
  • Days on Realty 182 Days
  • Bedrooms 5
  • Bathrooms 2 baths
  • Lot Size -
  • Sewer Public Sewer
  • Subdivision 417 - Beechwood/University
  • Property Type Apartment
  • Year Built 2009
  • Water Public
  • Square Feet 1,158 sq. ft
  • Price Per Sq. Ft $457.69

Interior Features

  • Appliances Refrigerator, Dishwasher, Stove, Hood Fan
  • Cooling Central air conditioning
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Laundry- Coin operated

Directions

University/Lester

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for N2L3W6

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

Walkability in ON / N2L3W6

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 253 LESTER Street Unit# 101, Waterloo, ON N2L3W6

Frequently Asked Questions for 253 LESTER Street Unit# 101

Source: Realty.com

253 LESTER Street Unit# 101, Waterloo, ON N2L3W6 in 417 - Beechwood/University, Waterloo, ON N2L3W6 is a apartment 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 mortgag...

Realty.com has 35 photos of 253 LESTER Street Unit# 101.

Our records indicate that 253 LESTER Street Unit# 101 was built in 2009.

The full address for this home is 253 LESTER Street Unit# 101, Waterloo, ON N2L3W6.

253 LESTER Street Unit# 101 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
Listing agent: Poonam Taggar

This content last refreshed on 2026-06-03 22:18:35. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.