101 - 253 LESTER STREET

Waterloo, , N2L3W6, Canada

$569,000

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.

EXTRAS: Refrigerator, Dishwasher, Stove, Hood Fan

Last updated on : Thursday 3rd of July 2025 06:15:14 PM

ADDRESS

Street : 101 - 253 LESTER STREET

City : Waterloo

Country : Canada

Postal Code : N2L3W6

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PROPERTY SUMMARY

Property ID : 40746169

Building Type : Apartment

Property Type : Single Family

Bedrooms : 5

Bathrooms : 2

Parking Type: Underground, None

Maintenance Fees : $790.49

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