253 Lester Street, Unit #101
Waterloo
$530,000
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Home Details
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Listing Description
Room #1 - Vacant, #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.
City: Waterloo
Mortgage Calculator
Your estimated monthly payment for 253 Lester Street101 is 3,721
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $530,000 |
| Down Payment | $106,000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $424,000 |
Monthly Payment
| Mortgage Payment | $2,613 |
| Property Taxes | $317 |
| Maintenance Fees | $790 |
| Monthly Payment | $3,721 |
About 253 Lester Street, Unit #101, Waterloo
Located at 253 Lester Street Unit #101, this Waterloo condo is available for sale. This property was listed for $530,000 on Thu Jan 08 2026. It has 5 bedrooms and 2 bathrooms. Monthly maintenance is $790 per month and taxes are approximately $3,809 annually. The property includes the following rooms: .
MLS#: undefined · $530,000 · 5 bedroom condo in Waterloo