Turnkey cash-flow opportunity in Waterloo's premier university district! This purpose-built 5-bedroom, 2-bathroom investment condo at 253 Lester St offers exceptional income potential. Ideally positioned just steps from Wilfrid Laurier University and the University of Waterloo, this high-demand rental location supports strong tenant demand and consistent occupancy year after year. The unit features afunctional open-concept layout, spacious bedrooms, two full bathrooms, and comes fully furnished for seamless tenant turnover. Building amenities include parking, elevator access, shared laundry facilities, and convenient proximity to public transit, shopping, restaurants, and everyday essentials.
Under contract
C$509,000
253 Lester St #203, Waterloo, ON N2L 3W6
5beds
2baths
Apartment
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$802/mo HOA
What's special
Functional open-concept layoutSpacious bedroomsFully furnishedElevator accessShared laundry facilities
- 33 days |
- 0 |
- 0 |
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Listing updated:
Listed by:
ROYAL LEPAGE SIGNATURE REALTY
Source: TRREB,MLS®#: X13170624
Originating MLS®#: Toronto Regional Real Estate Board
Originating MLS®#: Toronto Regional Real Estate BoardFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Dining room
- Level: Flat
- Dimensions: 0 x 0
Kitchen
- Level: Flat
- Dimensions: 0 x 0
Living room
- Level: Flat
- Dimensions: 2.89 x 2.81
Heating
- Fan Coil, Gas
Cooling
- Central Air
Appliances
- Laundry: Coin Operated
Features
- Basement: None
- Has fireplace: No
Interior area
- Living area range: 1200-1399 null
Property
Parking
- Parking features: Garage
- Has garage: Yes
Details
- Parcel number: 236410076
- Other equipment: Ventilation System
Construction
Type & style
- Home type: Apartment
- Property subtype: Apartment
Materials
- Brick, Concrete
Community & HOA
HOA
- Services included: Heat Included, Water Included, Common Elements Included, Building Insurance Included
- HOA fee: C$802 monthly
- HOA name: wscc
Location
- Region: Waterloo
Financial & listing details
- Annual tax amount: C$3,768
- Date on market: 5/25/2026
ROYAL LEPAGE SIGNATURE REALTY
ROYAL LEPAGE SIGNATURE REALTY
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Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: N2L
Nearby schools
GreatSchools rating
No schools nearby
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- Ontario
- Waterloo Regional Municipality
- Waterloo
- N2L 3W6
- 253 Lester St Unit 203
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