Key Facts
- MLS® #: 40746169
- Property ID: SIRC2506298
- Property Type: Residential, Condo
- Living Space: 1,158 sq.ft.
- Year Built: 2009
- Bedrooms: 5
- Bathrooms: 2
- Listed By:
- ROYAL LEPAGE SIGNATURE REALTY
Property Description
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.
Rooms
- TypeLevelDimensionsFlooring
- BedroomMain8' 3.9" x 13' 10.1"Other
- KitchenMain11' 5" x 12' 11.1"Other
- Dining roomMain9' 4.9" x 14' 11.1"Other
- Living roomMain9' 3" x 14' 11.1"Other
- BedroomMain9' 10.1" x 10' 7.1"Other
- BedroomMain8' 11" x 11' 8.1"Other
- BedroomMain8' 5.1" x 12' 7.1"Other
- BedroomMain8' 9.1" x 11' 6.9"Other
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Location
253 Lester Street #101, Waterloo, Ontario, N2L 3W6 Canada
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- Principal and Interest 0
- Property Taxes 0
- Strata / Condo Fees 0