Unit 101 - 253 Lester StWaterloo > Unit 101 - 253 Lester St
MLS: X13575452
Date listed: 2026-07-17
Unit 101 - 253 Lester StWaterloo
Condo Apt
For sale
Listed for $ 509,000
Estimated Price
$ 748,423 as of 22-04-05
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5 BEDS
2 BATH
1000-1199
SQ.
FT.
0 GARAGE
See apartment on the map
5 BEDS
2 BATH
1000-1199
SQ.
FT.
0 GARAGE
Description
Listed by ROYAL LEPAGE SIGNATURE REALTY
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.
Key Facts:
Tax:
$3,950 / 2026
Property Type:
Condo Apt
Building Age:
16-30 years
Sq. ft. size
1000-1199 sq. ft.
Basement:
None
Listing #:
X13575452
Days on Site:
110 days
Status Change:
109 days ago
Added to CiRealty:
2026-07-17
Updated on:
2026-07-17
Market Demand:
Buyer’s Market
Balanced
Seller’s Market
Property Details
Property details for Unit 101 - 253 Lester St, Waterloo. Listed for $509,000 on 2026-07-17
Property
Property Type:
Condo Apt
Style:
Apartment
Fronting:
North-West
Municipality:
Waterloo
Inside
Bedrooms:
5
Bathrooms:
2
Bathrooms Detail:
2 × 4pc, flat
Kitchens:
1
Rooms:
8
Family Room:
Yes
Den:
Yes
Fireplace:
No
Central Vac:
No
Utilities
Cooling:
Central Air
Heating Type:
Forced Air
Condo Details
Maintenance Fee:
$802 / month
Fee Includes:
Heat, Water, Common Elements, Building Insurance
Pets:
Yes-with Restrictions
Locker:
Ensuite+Common
Parking Type:
None
Ensuite Laundry:
No
Balcony:
None
Floor Level:
2
Condo Corp:
WSCC 641
Property Manager:
CIE Property Management
Building
Size:
1000-1199 sq. ft.
Building Age:
16-30 years
Construction:
Brick
Parking
Garage Type:
None
Land
Cross Street:
University Ave W/Lester St
Property
Property Type:
Condo Apt
Style:
Apartment
Fronting:
North-West
Municipality:
Waterloo
Condo Details
Maintenance Fee:
$802 / month
Fee Includes:
Heat, Water, Common Elements, Building Insurance
Pets:
Yes-with Restrictions
Locker:
Ensuite+Common
Parking Type:
None
Ensuite Laundry:
No
Balcony:
None
Floor Level:
2
Condo Corp:
WSCC 641
Property Manager:
CIE Property Management
Building
Size:
1000-1199 sq. ft.
Building Age:
16-30 years
Construction:
Brick
Parking
Garage Type:
None
Inside
Bedrooms:
5
Bathrooms:
2
Bathrooms Detail:
2 × 4pc, flat
Kitchens:
1
Rooms:
8
Family Room:
Yes
Den:
Yes
Fireplace:
No
Central Vac:
No
Land
Cross Street:
University Ave W/Lester St
Utilities
Cooling:
Central Air
Heating Type:
Forced Air
Rooms
Room details for Unit 101 - 253 Lester St, Waterloo. (Listed for $509,000 on 2026-07-17)
Living (14'0" x 9'0")
Dining (14'0" x 9'0")
Kitchen (12'0" x 11'0")
Br (13'0" x 8'0")
2nd Br (11'0" x 8'0")
3rd Br (10'0" x 9'0")
4th Br (11'0" x 8'0")
5th Br (12'0" x 8'0")
Bathroom (6'0" x 4'0")
Bathroom (4'0" x 4'0")
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