$525,000
Listed for $525,000 on Nov. 08, 2025

Lester Street

Waterloo

5 Bed|2 Bath|No|290 days on market

$525,000

Listed for $525,000 on Nov 8, 2025

Or call Dwelly at: (647) 797-1133

Home Details

Maintenance
$790.49 / month
Taxes
$339 / month
Total Parking Spots
0
Garage Spaces
0
Furnished
No
Move-in Date
Flexible
Hydro Included
No
Heating
Forced Air
Water Included
No
Family Room
Yes
Basement
None
Fireplace
N
Air Conditioning
Central Air
Central Vaccum
No
Laundry Access
Coin Operated
Exterior
Brick
Property Type
Residential Condo & Other

Listing Description

Room #1 - $895, ending Aug 28, 2028, #2 - $895, ending Aug 28, 2028, #3 - $895, ending Aug 28, 2028, #4 - Vacant, #5 - $875, month 2 month. 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.

About Lester Street, Waterloo

Located at 251 Lester Street Unit #206, this Waterloo condo was listed for $525,000. It has 5 bedrooms and 2 bathrooms. Monthly maintenance is $790 per month and taxes are approximately $4,059 annually. The property includes the following rooms: .


MLS#: undefined · $525,000 · 5 bedroom condo in Waterloo