96 m
Distance
5
Beds
2
Baths
1,158
Sq Ft
Exceptional investment opportunity! Ideally located just minutes from the University of Waterloo and Wilfrid Laurier University making it a valuable addition to any investor's portfolio! Featuring five spacious bedrooms and two full bathrooms this home offers a thoughtfully designed layout with a large common area complete with an L-shaped kitchen and a bright open living room - perfect to relax and gather! Condo fees include heat and water. The building features parking, shared laundry facilities, elevator access and close proximity to transit, shopping, all amenities and much more! Potential to generate over $50, 000 per year with current rents!
Listing By: Matthew Pitcher - KELLER WILLIAMS INNOVATION REALTY 
- MLS® 40806055
- Date Listed02/18/2026
- Days on Realty 107 Days
- Bedrooms 5
- Bathrooms 2 Full baths
- Lot Size -
- County Waterloo
- Year Built 2009
- Square Feet 1,158 sq. ft
- Price Per Sq. Ft $492.14
Interior Features
- Appliances Range Hood, Refrigerator, Stove
- Cooling Central Air
- Heating Forced Air, Natural Gas
Exterior / Lot Features
- Roof Flat
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features Urban, Rectangular, Park, Place of Worship, Public Transit, Rec./ Community Centre, Shopping Nearby
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.
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 402 253 Lester Street, Waterloo ON N2L 3W6, Waterloo, ON N2L 3W6
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253 LESTER Street Unit# 402, Waterloo, ON N2L3W6
Exceptional investment opportunity! Ideally located just minutes from the University of Waterloo and Wilfrid Laurier University making it a valuable addition to any investor's portfolio! Featuring five spacious bedrooms and two full bathrooms this ho... -
![Photo of 253 LESTER Street Unit# 401]()
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253 Lester St. #401 is a turnkey student rental investment property in the heart of Waterloo’s university district. This spacious 5-bedroom, 2-bathroom condo is purpose-built for student living and delivers strong, consistent rental income with minim... -
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253 Lester St. #401 is a turnkey student rental investment property in the heart of Waterloo’s university district. This spacious 5-bedroom, 2-bathroom condo is purpose-built for student living and delivers strong, consistent rental income with minim... -
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Student housing investment property located on Lester Street in Waterloo, within a 10-minute walk to the University of Waterloo and Wilfrid Laurier University. This 5-bedroom, 2-bathroom unit is set up for student rentals and includes a shared common... -
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Student housing investment property located on Lester Street in Waterloo, within a 10-minute walk to the University of Waterloo and Wilfrid Laurier University. This 5-bedroom, 2-bathroom unit is set up for student rentals and includes a shared common... -
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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 Leste... -
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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 Leste... -
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PARENTS LOOKING FOR AN INVESTMENT While your child attends UofW or Laurier this Fall? Prime Investment Opportunity – Fully Furnished 5-Bedroom Unit Near Universities. Potential Monthly Rental Income: $4, 300+/mth | Low Condo Fees | Parking Included T... -
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Frequently Asked Questions for 402 253 Lester Street, Waterloo ON N2L 3W6
Source: Realty.com
402 253 Lester Street, Waterloo ON N2L 3W6, Waterloo, ON N2L 3W6 in Waterloo, ON N2L 3W6 is a attached listed at $569,900. Highlights include 5 bedrooms, 2 bathrooms, 1,158 sq. ft., built in 2009, $492 per sq. ft., HOA fee $790 Monthly. Realty.ca has 14 photos, sales history, school insights, and mortgage tools for ...
Realty.com has 14 photos of 402 253 Lester Street, Waterloo ON N2L 3W6.
Our records indicate that 402 253 Lester Street, Waterloo ON N2L 3W6 was built in 2009.
The full address for this home is 402 253 Lester Street, Waterloo ON N2L 3W6, Waterloo, ON N2L 3W6.
402 253 Lester Street, Waterloo ON N2L 3W6 has been listed on Realty.com since Wed February 18, 2026
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:
Keller Williams Innovation Realty - itso - 1303068
(tel: 519-570-4447)
Listing agent:
Matthew Pitcher
This content last refreshed on 2026-06-05 07:15:46. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.