101 - 253 LESTER STREET
Waterloo, Ontario, N2L3W6
For Sale | $530,000 | 5 beds | 2 baths
Key facts
- Property type: Single Family
- Structure: Apartment
- Transaction: For Sale
- Price: $530,000
- Bedrooms: 5
- Bathrooms: 2
- Listing key: 29158310
Listing overview
Room #1 - Vacant, #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 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:25314)

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