101 253 Lester Street, Waterloo

Cooling: Central air conditioning
Heating: Forced air Natural gas
Structure Type: Apartment
Exterior Features: Brick

Bedrooms: 5
Bathrooms: 2
Type: Apartment
Added: 2 months ago
Updated: 2 months ago
Last Checked: 20 hours ago
Listed by: ROYAL LEPAGE SIGNATURE REALTY
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Listing description
This Condo at 101 253 Lester Street Waterloo, ON with the MLS Number x12251603 listed by SUMIT TAGGAR - ROYAL LEPAGE SIGNATURE REALTY on the Waterloo market 2 months ago at $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. (id:1945)

Property Details Key information about 101 253 Lester Street