NewFor Sale

Unit 203 - 253 Lester Street
Waterloo, Waterloo, ON, N2L 3W6

Condo Apartment
TRREB
MLS® Number: X13170624
Estimated Value
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$509,000List Price
5Bedrooms
2Bathrooms
0Garages
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Listing History

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Current valuation for 253 Lester Street 203, Waterloo, ON N2L 3W6. Listed for $509,000 on 2026-11-02

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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.

Features

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Amenities

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Summary

Tax:$3,768 / 2025
Listing #:X13170624
Property Type:Condo Apartment, Apartment
Maintenance:$802/month
Building Age:16-30
Size:1200-1399 feet²
Exposure:South
Days on CPRB:
Garage:Underground
Locker:None
On CPRB Since:
Listing Brokerage:ROYAL LEPAGE SIGNATURE REALTY

Rooms

Details

Property

Property Type:Condo Apartment
Style:Apartment
Municipality:Waterloo

Building

Size:1200-1399 feet²
Building Age:16-30
Construction:Brick, Concrete

Inside

Bedrooms:5
Bedrooms Above Grade:5
Bathrooms:2
Bathrooms Detail:1, 4pc Flat floor
Bathrooms Detail:1, 3pc Flat floor
Kitchens:1
Family Room:No
Appliances Included:Ventilation System
Basement:None

Parking

Garage Type:Underground
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Central Air
Heating Type:Fan Coil
Heating Fuel:Gas

Highlights

Pets Allowed:Yes-with Restrictions

Land

Cross Street:University Ave W / Lester St

$509,000

List price

Unit 203 - 253 Lester Street, Waterloo – Condo Apartment for sale