For Sale

$530,000

101 - 253 LESTER STREET , Waterloo, Ontario N2L3W6

5 Beds 2 Baths

Remarks

Room #1 - Vacant, #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:7526)

Property Summary

  • Condo Fees: $790.49 Monthly
  • Bedrooms: 5
  • Bathrooms (Total): 2

Property Features:

  • Community Features:
    Pets Allowed With Restrictions
  • Features:
    Laundry- Coin operated
  • Maintenance Fee Type:
    Heat , Water , Common Area Maintenance , Insurance
  • Ownership Type:
    Condominium/Strata
  • Parking Type:
    No Garage
  • Property Type:
    Single Family

Building Features:

  • Appliances:
    Dishwasher , Hood Fan , Stove , Window Coverings , Refrigerator
  • Basement Type:
    None
  • Building Type:
    Apartment
  • Cooling Type:
    Central air conditioning
  • Exterior Finish:
    Brick
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Forced air

Rooms

  • Living:
    Level: Main 4.26 m x 2.74 m
  • Dining:
    Level: Main 4.26 m x 2.74 m
  • Kitchen:
    Level: Main 3.65 m x 3.35 m
  • Bedroom:
    Level: Main 3.96 m x 2.43 m
  • 2nd Bedroom:
    Level: Main 3.35 m x 2.43 m
  • 3rd Bedroom:
    Level: Main 3.04 m x 2.74 m
  • 4th Bedroom:
    Level: Main 3.35 m x 2.43 m
  • 5th Bedroom:
    Level: Main 3.65 m x 2.43 m
  • Bathroom:
    Level: Main 1.82 m x 1.21 m
  • Bathroom:
    Level: Main 1.21 m x 1.21 m

Office Listing: 

SUMIT TAGGAR , Salesperson POONAM TAGGAR , Salesperson

Lifestyle
Neighbourhood Info

Get More Info

Book a tour