203 - 253 Lester Street

203 - 253 Lester Street
203 - 253 Lester Street
203 - 253 Lester Street
+39
5
 bed
2
 bath
0
 parking
1200 - 1399
 sqft
Condo Apt
Sold conditional
Listed for 
$509,000
Sold conditional
28 days
 on site
Sold conditional
Listed for 
$509,000
Click to open the pre-gallery to get the direction
Maintenance fees
$802.00
Locker
None
Exposure
S
Possession
Immediate
Price per sqft
$364 - $424
Taxes
$3,768 (2025)
Outdoor space
-
Age of building
16-30 years old
See what's nearby
Description
Turnkey cash-flow opportunity in Waterloo's premier university district! This purpose-built 5-bedroom, 2-bathroom investment condo at 253 Lester St offers exceptional income potential. Ideally positioned just steps from Wilfrid Laurier University and the University of Waterloo, this high-demand rental location supports strong tenant demand and consistent occupancy year after year. The unit features afunctional open-concept layout, spacious bedrooms, two full bathrooms, and comes fully furnished for seamless tenant turnover. Building amenities include parking, elevator access, shared laundry facilities, and convenient proximity to public transit, shopping, restaurants, and everyday essentials.
Broker: ROYAL LEPAGE SIGNATURE REALTY
MLS®#: X13170624
Property details
Neighbourhood:
Parking:
No
Parking type:
-
Property type:
Condo Apt
Heating type:
Fan Coil
Style:
Apartment
Ensuite laundry:
No
MLS Size:
1200-1399 sqft
Listed on:
May 25, 2026
Show all details
Rooms
NameSizeFeatures
Kitchen
0.0 x 0.0 ft
Living Room
9.5 x 9.2 ft
Dining Room
0.0 x 0.0 ft
Instant estimate:
orto view instant estimate
$3,092
higher than listed price
i
High
$540,332
Mid
$512,092
Low
$496,908
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Included in Maintenance Fees

Heat
Water
204 - 253 Lester Street
1/44
Featured
$549,990
204 - 253 Lester Street
5BD
2BA
0 Parking
1,200-1,399 sqft
Maint. Fee $802
MLS#: X13126804
PROPERTY.CA INC.
206 - 251 Lester Street
1/36
$498,999
2 days
206 - 251 Lester Street
5BD
2BA
0 Parking
1,200-1,399 sqft
Maint. Fee $790
MLS#: X13470720
ROYAL LEPAGE SIGNATURE REALTY
2 days
401 - 251 Lester Street
1/42
$509,000
28 days
401 - 251 Lester Street
5BD
2BA
0 Parking
1,200-1,399 sqft
Maint. Fee $802
MLS#: X13170540
ROYAL LEPAGE SIGNATURE REALTY
28 days
203 - 251 Lester Street
1/41
$509,000
41 days
203 - 251 Lester Street
5BD
2BA
0 Parking
1,200-1,399 sqft
Maint. Fee $781
MLS#: X13115662
ROYAL LEPAGE SIGNATURE REALTY
41 days

About 203 - 253 Lester Street

Located at 203 - 253 Lester Street, this Waterloo condo is available for sale. It has been listed at $509000 since May 2026. This condo has 5 beds, 2 bathrooms and is 1200-1399 sqft. Situated in Waterloo's University neighbourhood, Sugarbush Park, Westmount, Dearborn and Lakeshore Village are nearby neighbourhoods.

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.