74 days on market
$569,900
For Sale

253 Lester Street, Unit ##104

Waterloo

5 Bed|2 Bath|No|74 days on market

$569,900

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Home Details

Maintenance
$802 / month
Taxes
$328 / month
Total Parking Spots
0
Garage Spaces
0
Furnished
No
Move-in Date
30 - 90 days
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
In Building
Exterior
Brick
Zoning
Residential
Property Type
Residential Condo & Other
Status
New
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Listing Description

Opportunity Knocks! Freshly painted and impeccably maintained, this ground-floor CORNER unit offers a truly hands-off investment in a high-demand area. Centrally located along the university hub - walking distance to both University of Waterloo and Wilfrid Laurier University. All 5 bedrooms are fully tenanted, generating $3,800/month in rental income which totals a yearly income of $45,600. Tenancies are secured with 3-year leases beginning September 2025, providing exceptional stability and peace of mind for any investor. The building has recently added a brand-new onsite laundry facility, enhancing convenience for the tenants. A rare chance to step into a worry-free, income-producing property. Please see inclusions for furniture included.

Building Amenities

Public Transit
School

Mortgage Calculator

Your estimated monthly payment for 253 Lester Street#104 is 3,939

Price

$

Rate

%

Ammortization

Down Payment

$

Total Mortgage


Purchase Price$569,900
Down Payment$113,980
Mortgage Insurance$0
Total Mortgage$455,920

Monthly Payment


Mortgage Payment$2,809
Property Taxes$328
Maintenance Fees$802
Monthly Payment$3,939
$3,939
monthly

About 253 Lester Street, Unit ##104, Waterloo

Located at 253 Lester Street Unit ##104, this Waterloo condo is available for sale. This property was listed for $569,900 on Wed Jan 21 2026. It has 5 bedrooms and 2 bathrooms. Monthly maintenance is $802 per month and taxes are approximately $3,932 annually. The property's amenities include Public Transit, School. The property includes the following rooms: .


MLS#: undefined · $569,900 · 5 bedroom condo in Waterloo