101 - 253 Lester Street

University, Waterloo

101 - 253 Lester Street
101 - 253 Lester Street
101 - 253 Lester Street
+32
5
 bed
2
 bath
0
 parking
1158
 sqft
Condo Apt
* This unit size is calculated from condos.ca data
$530,000
Instant Estimate Not Available
For Sale
185 days
 on site
$530,000
Instant Estimate Not Available
* This unit size is calculated from condos.ca data
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Maintenance fees
$790.49
Locker
-
Exposure
-
Possession
-
Price per sqft
$458
Taxes
$3,809 (2025)
Outdoor space
-
Age of building
17 years old
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Description
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.
Broker: ROYAL LEPAGE SIGNATURE REALTY
MLS®#: 40791792
Property details
Neighbourhood:
University
Parking:
-
Parking type:
-
Property type:
Condo Apt
Heating type:
Forced Air
Style:
1 Storey/Apt
Ensuite laundry:
-
MLS Size:
1158 sqft
Listed on:
Dec 3, 2025
Show all details
Rooms
NameSizeFeatures
Living Room
4.55 x 2.82 ft
Dining Room
4.55 x 2.87 ft
Kitchen
3.94 x 3.48 ft
Instant estimate:
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Elevator

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401 - 253 Lester Street
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About 101 - 253 Lester Street

Located at 101 - 253 Lester Street, this Waterloo condo is available for sale. It has been listed at $530000 since December 2025. This 1158 sqft condo has 5 beds and 2 bathrooms. 101 - 253 Lester Street, Waterloo is situated in University, with nearby neighbourhoods in Sugarbush Park, Westmount, Dearborn and Lakeshore Village.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this condo.

For those residents of 253 Lester St, Waterloo without a car, you can get around quite easily. The closest transit stop is a Bus Stop (University Ave. / Sunview) and is nearby connecting you to Waterloo's public transit service. It also has route Hazel, route Westmount, and more nearby.

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