$ 530,000
Ontario Waterloo
34 Photos
Dining room - 101 253 Lester Street, Waterloo, ON N2L3W6 Photo 2
Kitchen - 101 253 Lester Street, Waterloo, ON N2L3W6 Photo 3
Bedroom - 101 253 Lester Street, Waterloo, ON N2L3W6 Photo 4
Bedroom 2 - 101 253 Lester Street, Waterloo, ON N2L3W6 Photo 5

101 253 Lester Street, Waterloo

  • Bedrooms: 5
  • Bathrooms: 2
  • Type: Apartment
  • Added: 3 weeks ago
  • Updated: 3 weeks ago
  • Last Checked: 7 hours ago
  • Listed by: ROYAL LEPAGE SIGNATURE REALTY

Listing description
This Condo at 101 253 Lester Street Waterloo, ON with the MLS Number x12596864 listed by SUMIT TAGGAR - ROYAL LEPAGE SIGNATURE REALTY on the Waterloo market 3 weeks ago at $530,000.

Room #1 - vacating end of December, #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:1945)
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Property Details Key information about 101 253 Lester Street
  • Cooling: Central air conditioning
  • Heating:
    • Forced air
    • Natural gas
  • Structure Type: Apartment
  • Exterior Features: Brick
Interior Features Discover the interior design and amenities
  • Basement: None
  • Appliances:
    • Refrigerator
    • Dishwasher
    • Stove
    • Hood Fan
    • Window Coverings
  • Bedrooms Total: 5
Exterior & Lot Features Learn about the exterior and lot specifics of 101 253 Lester Street
  • Lot Features: Laundry- Coin operated
  • Parking Features: No Garage
Location & Community Understand the neighborhood and community
  • Directions: University Ave W/Lester St
  • Common Interest: Condo/Strata
  • Community Features: Pets Allowed With Restrictions
Property Management & Association Find out management and association details
  • Association Fee: 790.49
  • Association Name: CIE Property Management
  • Association Fee Includes:
    • Common Area Maintenance
    • Heat
    • Water
    • Insurance
Tax & Legal Information Get tax and legal details applicable to 101 253 Lester Street
  • Tax Annual Amount: 3809
Additional Features Explore extra features and benefits
  • List A O R: Toronto
  • List A O R Key: 82
  • Living Area Maximum: 1199
  • Living Area Minimum: 1000
  • Bedrooms Above Grade: 5
Room Dimensions
Type Level Dimensions
Living room Main level 4.26 x 2.74
Dining room Main level 4.26 x 2.74
Kitchen Main level 3.65 x 3.35
Bedroom Main level 3.96 x 2.43
Bedroom 2 Main level 3.35 x 2.43
Bedroom 3 Main level 3.04 x 2.74
Bedroom 4 Main level 3.35 x 2.43
Bedroom 5 Main level 3.65 x 2.43
Bathroom Main level 1.82 x 1.21
Bathroom Main level 1.21 x 1.21

Nearby Listings Stat Estimated price and comparable properties near 101 253 Lester Street

Active listings
14
Min Price
$525,000
Max Price
$1,599,000
Avg Price
$667,114
Days on Market
76 days
Sold listings
4
Min Sold Price
$599,999
Max Sold Price
$799,000
Avg Sold Price
$667,000
Days until Sold
135 days

Nearby Places Nearby schools and amenities around 101 253 Lester Street

Perimeter Institute for Theoretical Physics (1.1 km)
31 Caroline St N, Waterloo

Wilfrid Laurier University (0.6 km)
75 University Ave W, Waterloo

Waterloo Collegiate Institute (0.7 km)
300 Hazel St, Waterloo

University of Waterloo (0.8 km)
200 University Ave W, Waterloo

St Jerome's University (1 km)
Waterloo

St. Paul's University College (1.1 km)
190 Westmount Rd N, Waterloo

Burrito Boyz (0.9 km)
258 King St N, Waterloo

Waterloo Memorial Recreation Complex (1.1 km)
101 Father David Bauer Dr, Waterloo

Conrad Grebel University College (1.2 km)
140 Westmount Rd, Waterloo

Price History

December 3, 2025
by ROYAL LEPAGE SIGNATURE REALTY
$530,000
101 253 Lester Street
More Details?
SUMIT TAGGAR
  • SUMIT TAGGAR
  • ROYAL LEPAGE SIGNATURE REALTY
  • 647-685-5040
  • Website

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