About 253 Lester Street 101
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.
Features of 253 Lester Street 101
| MLS® # | X13575452 |
|---|---|
| Price | $509,000 |
| Bedrooms | 5 |
| Bathrooms | 2.00 |
| Square Footage | 1000-1199 |
| Type | Residential Condo & Other |
| Sub-Type | Condo Apartment |
| Style | Apartment |
| Status | Active |
Community Information
| Address | 253 Lester Street 101 |
|---|---|
| Area | Waterloo |
| City | Waterloo |
| Province | ON |
| Postal Code | N2L 3W6 |
Amenities
| Garages | None |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| Basement | None |
Exterior
| Exterior | Brick |
|---|
Listing Details
| Office | ROYAL LEPAGE SIGNATURE REALTY |
|---|