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:52316)
ROYAL LEPAGE SIGNATURE REALTY
$569,000
253 LESTER Street Unit# 101, Waterloo, Ontario
5 Bedrooms
2 Bathrooms
Property
MLS® Number: 40746169
Address: 253 LESTER Street Unit# 101
City: Waterloo
Exterior: Brick
Utilities
Central Air: Yes
Heating: Forced Air, Natural Gas
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Property Sale History
Travel and Neighbourhood
80/100Walk Score®
Very Walkable
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Location
