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

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5 Beds
2 Baths
- Sq Ft

Room #1 - Vacant, #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: SUMIT TAGGAR - ROYAL LEPAGE SIGNATURE REALTY cncrea2 Realty.com
  • MLS® X12596864
  • Date Listed12/03/2025
  • Days on Realty 183 Days
  • Bedrooms 5
  • Bathrooms 2 baths
  • Lot Size -

Interior Features

  • Appliances Refrigerator, Dishwasher, Stove, Hood Fan, Window Coverings
  • 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 Ave W/Lester St

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

74/100

Very Walkable

Walk Score ®

69/100

Good Transit

Transit Score ®

98/100

Biker's Paradise

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. 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: 50/100, Transit Score: 41/100, Bike Score: 61/100.

Points of Interest near 101 253 LESTER STREET, Waterloo, ON N2L3W6

Frequently Asked Questions for 101 253 LESTER STREET

Source: Realty.com

101 253 LESTER STREET, Waterloo, ON N2L3W6 in Waterloo, ON N2L3W6 is a apartment listed at $530,000. Highlights include 5 bedrooms, 2 bathrooms, HOA fee $790 Monthly. Realty.ca has 34 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 34 photos of 101 253 LESTER STREET.

The full address for this home is 101 253 LESTER STREET, Waterloo, ON N2L3W6.

101 253 LESTER STREET has been listed on Realty.com since Wed December 03, 2025

Most errands can be accomplished on foot. Many nearby public transportation options. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 50/100, Transit Score: 41/100, Bike Score: 61/100.

Listing provided courtesy of: ROYAL LEPAGE SIGNATURE REALTY
Listing agent: SUMIT TAGGAR

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