253 Lester ST #101, Waterloo, ON N2L3W6
253 Lester ST #101, Waterloo, ON N2L3W6
253 Lester ST #101, Waterloo, ON N2L3W6
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$509,000
Est. payment /mo
5 Beds
2 Baths
1,000 SqFt
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Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1000 - 1199

Square Footage 1,000 sqft

Price per Sqft $509

MLS® Listing ID X13575452

Bedrooms 5

Condo Fees $802/mo

Property Sub-Type Condo

Property Description

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:24570)

Location

Province ON

Rooms

Kitchen 1.0

Extra Room 1 Main level 4.26 m X 2.74 m Living room

Extra Room 2 Main level 4.26 m X 2.74 m Dining room

Extra Room 3 Main level 3.65 m X 3.35 m Kitchen

Extra Room 4 Main level 3.96 m X 2.43 m Bedroom

Extra Room 5 Main level 3.35 m X 2.43 m Bedroom 2

Extra Room 6 Main level 3.04 m X 2.74 m Bedroom 3

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

Community Features Pets Allowed With Restrictions

View Y/N No

Attached Garage No

Garage No

Private Pool No

Others

Ownership Condominium/Strata


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Paul Shantz
Paul Shantz

Agent | License ID: 6008661

+1(519) 829-8656

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253 Lester ST #101