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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)
University Ave W/Lester St
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Waterloo, ON area.
57/100
Somewhat Walkable
Walk Score ®
70/100
Excellent Transit
Transit Score ®
94/100
Biker's Paradise
Bike Score ®
Some errands can be accomplished on foot. Transit is convenient for most trips. Daily errands can be accomplished on a bike.
18 nearby routes: 17 bus, 1 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 52/100, Transit Score: 42/100, Bike Score: 62/100.
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2 bds • 2 ba • 0 sqft
223 - 280 LESTER STREET, Waterloo, ON N2L0G2
2 bds • 1 ba • 0 sqft
F201 - 275 LARCH STREET, Waterloo, ON N2L0J3
2 bds • 2 ba • 0 sqft
H506 - 275 LARCH STREET, Waterloo, ON N2L0J5
2 bds • 2 ba • 0 sqft
408 - 500 WESTMOUNT ROAD, Kitchener, ON N2M5M9
2 bds • 1 ba • 0 sqft
1001 - 104 GARMENT STREET, Kitchener, ON N2G0C8
2 bds • 2 ba • 0 sqft
2709 - 60 FREDERICK STREET, Kitchener, ON N2H0C7
2 bds • 2 ba • 0 sqft
2602 - 60 FREDERICK STREET E, Kitchener, ON N2H0C7
2 bds • 2 ba • 0 sqft
1507 - 60 FREDERICK STREET, Kitchener, ON N2H0C7
3 bds • 1 ba • 0 sqft
603 - 1414 KING STREET E, Kitchener, ON N2G4T8
2 bds • 1 ba • 0 sqft
21H-1989 Ottawa Street S, Kitchener ON N2E 0G7, Kitchener, ON N2E 0G7
1 bds • 1 ba • 0 sqft
304 - 1201 LACKNER PLACE, Kitchener, ON N2A0L4
2 bds • 2 ba • 0 sqft
1005 - 3227 KING STREET E, Kitchener, ON N2A3Z9
1 bds • 1 ba • 0 sqft
311 - 150 WATER STREET N, Cambridge, ON N1R0B5
2 bds • 2 ba • 0 sqft
104 - 721 FRANKLIN BOULEVARD, Cambridge, ON N1R0E4
2 bds • 1 ba • 0 sqft
314 - 43 GOODWIN DRIVE, Guelph, ON N1L0E8
2 bds • 1 ba • 0 sqft
311 - 41 GOODWIN DRIVE, Guelph, ON N1L0E7
2 bds • 2 ba • 0 sqft
303 - 64 FREDERICK DRIVE, Guelph, ON N1L0P3
2 bds • 1 ba • 0 sqft
33 WATER STREET, Puslinch, ON N0B2J0
4 bds • 3 ba • 0 sqft
116 GRAND STREET, Brantford, ON N3R4B6
4 bds • 3 ba • 0 sqft
165 NELSON STREET, Brantford, ON N3S4B7
5 bds • 2 ba • sqft
204 - 253 LESTER STREET
5 bds • 2 ba • 1158 sqft
253 LESTER Street Unit# 401
5 bds • 2 ba • 1158 sqft
401-253 Lester Street, Waterloo ON N2L 3W6
5 bds • 2 ba • sqft
206 - 251 LESTER STREET
5 bds • 2 ba • sqft
203 - 251 LESTER STREET
5 bds • 2 ba • sqft
401 - 251 LESTER STREET
2 bds • 2 ba • 612 sqft
1107-246 Lester Street, Waterloo ON N2L 3W5
2 bds • 2 ba • 571 sqft
246 LESTER Street Unit# PH-03
2 bds • 2 ba • sqft
PH-03 - 246 LESTER STREET
5 bds • 2 ba • sqft
301 - 271 LESTER STREET
5 bds • 2 ba • 1307 sqft
271 LESTER Street Unit# 102
5 bds • 2 ba • 1307 sqft
102-271 Lester Street, Waterloo ON N2L 3W6
5 bds • 2 ba • 1272 sqft
271 LESTER Street Unit# 203
3 bds • 2 ba • sqft
2127 - 258B SUNVIEW STREET
2 bds • 2 ba • 0 sqft
223 - 280 LESTER STREET
2 bds • 2 ba • 885 sqft
708-280 Lester Street, Waterloo ON N2L 0G2
2 bds • 1 ba • 740 sqft
280 LESTER Street Unit# 404
2 bds • 1 ba • 740 sqft
404-280 Lester Street, Waterloo ON N2L 0G2
2 bds • 2 ba • 936 sqft
408-253 Albert Street, Waterloo ON N2L 0G3
Source: Realty.com
101 253 LESTER STREET, Waterloo, ON N2L3W6 in Waterloo, ON N2L3W6 is a apartment listed at $509,000. Highlights include 5 bedrooms, 2 bathrooms, HOA fee $802 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 Fri July 17, 2026
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: 52/100, Transit Score: 42/100, Bike Score: 62/100.
Listing provided courtesy of:
ROYAL LEPAGE SIGNATURE REALTY
Listing agent:
SUMIT TAGGAR
This content last refreshed on 2026-09-27 02:53:40. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.