Listed price in listed location currency (CAD).
$509,000

520

MLS® X13575452

  • Property Details
  • Map

Description

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.

Key Facts

Type Apartment/Condominium
Levels Residential
Size -
Garage None
Maintenance Fees $802
Taxes $3,950
Days Active 69
MLS® Number X13575452
GarageNone
Stories2

Utilities

HeatGas, Forced Air
A/CCentral Air

Additional Information

Siding Brick

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 17, 2026List Date
$509,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
253 Lester St, Waterloo, ON

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