647-615-0005

Contact TanTeam

What do you want to do next?

Buy a Home Sell my Home
402 - 253 LESTER STREET Waterloo
  • 402 - 253 LESTER STREET Waterloo
  • 402 - 253 LESTER STREET Waterloo
  • 402 - 253 LESTER STREET Waterloo
  • 402 - 253 LESTER STREET Waterloo
  • 402 - 253 LESTER STREET Waterloo
  • 402 - 253 LESTER STREET Waterloo
  • 402 - 253 LESTER STREET Waterloo
  • 402 - 253 LESTER STREET Waterloo
  • 402 - 253 LESTER STREET Waterloo
  • 402 - 253 LESTER STREET Waterloo
  • 402 - 253 LESTER STREET Waterloo
  • 402 - 253 LESTER STREET Waterloo
  • 402 - 253 LESTER STREET Waterloo
  • 402 - 253 LESTER STREET Waterloo

402 - 253 LESTER STREET, Waterloo, Ontario

$569,900

  • 5 Beds
  • 2 Baths

Ideally located just steps from Wilfrid Laurier University and the University of Waterloo, this purpose-built 5 bedroom, 2 bathroom condo at 253 Lester St is a low-maintenance addition to any investor's portfolio! With the potential to generate over $50,000 per year in gross rental income, this property offers strong cash flow and consistent year-round tenancy! The thoughtfully designed layout features a spacious open concept living area with an updated kitchen and a bright, welcoming common room - perfect for student living! Condo fees include heat, water and air conditioning, the building features parking, shared laundry facilities, elevator access and an unbeatable proximity to transit, shopping, restaurants and all major amenities! The unit also offers professional property management for a completely hands-off experience! A rare opportunity to own a turnkey investment in one of Waterloo's most sought-after rental locations! (id:50212)

  • Listing ID: X12310970
  • Property Type: Single Family
View Additional Photos

Schedule a Tour

Schedule Private Tour

The TanTeam would happily provide a private viewing if you would like to schedule a tour.

Match your Lifestyle with your Home

Contact The TanTeam, who specializes in Waterloo real estate, on how to match your lifestyle with your ideal home.
Get Started Now

Lifestyle Matchmaker

Let The TanTeam find a property to match your lifestyle.

Rooms

LevelTypeDimensions
Living room Main level 4.55 m x 2.82 m
Kitchen Main level 3.94 m x 3.48 m
Bedroom Main level 4.22 m x 2.54 m
Bedroom 2 Main level 3.53 m x 2.67 m
Bedroom 3 Main level 3.23 m x 3 m
Bedroom 4 Main level 3.56 m x 2.72 m
Bedroom 5 Main level 3.84 m x 2.57 m
Bathroom Main level Measurements not available
Bathroom Main level Measurements not available

Details

  • Community Features: Pets Allowed With Restrictions
  • Features: Laundry- Coin operated
  • Maintenance Fee: 790.49
  • Maintenance Fee Type: Heat, Common Area Maintenance, Insurance, Water
  • Maintenance Fee Payment Unit: Monthly
  • Management Company: CIE Property Management
  • Ownership: Condominium/Strata
  • Transaction: For sale
  • Zoning Description: GR

Building

  • Appliances: Hood Fan, Stove, Refrigerator
  • BasementType: None
  • Bedrooms Main Level: 5
  • Cooling: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 1000 - 1199 sqft
  • Type: Apartment

Land

MLS®

Listing provided by KELLER WILLIAMS INNOVATION REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 402 - 253 LESTER STREET in Waterloo Ontario. It was last modified on July 28th, 2025. Contact The TanTeam to schedule a viewing or to discover other Waterloo properties for sale.

Request More Information

Want more information or schedule a showing? Request more information with The TanTeam, who specializes in Waterloo properties.

Terms of Use Agreement

Terms of Use
This website is operated by The TanTeam, REALTORS® who are members of The Canadian Real Estate Association (CREA). The content on this property is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, The TanTeam, and CREA.

Copyright
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments
The TanTeam may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

Agree Decline