253 Lester Street #101 Waterloo, ON N2L 3W6
UPDATED:
Key Details
Property Type Condo
Sub Type Condo/Apt Unit
Listing Status Active
Purchase Type For Sale
Square Footage 1,158 sqft
Price per Sqft $457
MLS Listing ID 40791792
Style 1 Storey/Apt
Bedrooms 5
Full Baths 2
HOA Fees $790/mo
HOA Y/N Yes
Abv Grd Liv Area 1,158
Year Built 2009
Annual Tax Amount $3,809
Property Sub-Type Condo/Apt Unit
Source Cornerstone
Property Description
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.
Location
Province ON
County Waterloo
Area 4 - Waterloo West
Zoning GR
Direction University/Lester
Rooms
Main Level Bedrooms 5
Kitchen 1
Interior
Interior Features Elevator
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Appliance Dishwasher, Range Hood, Refrigerator, Stove
Laundry Coin Operated
Exterior
Roof Type Other
Garage No
Building
Lot Description Urban, Ample Parking, Public Transit, Schools, Other
Faces University/Lester
Sewer Sewer (Municipal)
Water Municipal
Architectural Style 1 Storey/Apt
Structure Type Brick
New Construction No
Others
HOA Fee Include Insurance,Central Air Conditioning,Common Elements,Heat,Snow Removal,Water
Senior Community No
Tax ID 236410064
Ownership Condominium
GET MORE INFORMATION