5 Bedroom
2 Bathroom
1,158 ft2
Central Air Conditioning
Forced Air
$569,000Maintenance, Insurance, Heat, Water
$790.49 Monthly
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. (id:50976)
Property Details
|
MLS® Number
|
40746169 |
|
Property Type
|
Single Family |
|
Amenities Near By
|
Public Transit, Schools |
|
Features
|
Laundry- Coin Operated |
Building
|
Bathroom Total
|
2 |
|
Bedrooms Above Ground
|
5 |
|
Bedrooms Total
|
5 |
|
Appliances
|
Dishwasher, Refrigerator, Stove, Hood Fan |
|
Basement Type
|
None |
|
Constructed Date
|
2009 |
|
Construction Style Attachment
|
Attached |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Brick |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
1 |
|
Size Interior
|
1,158 Ft2 |
|
Type
|
Apartment |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Access Type
|
Road Access |
|
Acreage
|
No |
|
Land Amenities
|
Public Transit, Schools |
|
Sewer
|
Municipal Sewage System |
|
Size Total Text
|
Under 1/2 Acre |
|
Zoning Description
|
Gr |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Main Level |
3pc Bathroom |
|
|
Measurements not available |
|
Main Level |
4pc Bathroom |
|
|
Measurements not available |
|
Main Level |
Bedroom |
|
|
12'7'' x 8'5'' |
|
Main Level |
Bedroom |
|
|
11'8'' x 8'11'' |
|
Main Level |
Bedroom |
|
|
10'7'' x 9'10'' |
|
Main Level |
Bedroom |
|
|
11'7'' x 8'9'' |
|
Main Level |
Bedroom |
|
|
13'10'' x 8'4'' |
|
Main Level |
Kitchen |
|
|
12'11'' x 11'5'' |
|
Main Level |
Dining Room |
|
|
14'11'' x 9'5'' |
|
Main Level |
Living Room |
|
|
14'11'' x 9'3'' |
https://www.realtor.ca/real-estate/28554801/253-lester-street-unit-101-waterloo
