101 – 253 LESTER STREET

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For Sale - $569,000.00

ID#: 28534815

Room #1 – Vacant, #2 – $825, ending Aug 26, 2025, #3 Vacant, #4 – $850, monthly, #5 – $825, ending Aug 26, 2025. 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:42870)

Property Details

Property Address: 101 - 253 LESTER STREET Waterloo, Ontario, N2L3W6

Property Type: Single Family

Area Toal: 1000 - 1199 sqft

Waterfront: No

Pool: No

Garage: No


Representative

Bess Assimacopoulos-Markou

Sales Representative

RE/MAX Twin City Realty Inc. Brokerage* - Waterloo

Cell: 519-588-1834

Tel: 519-885-0200

Schedule a Showing