253 Lester Street 101
Condo for sale in Waterloo — $509,000
Key facts
- Type: Condo
- Price: $509,000
- Bedrooms: 5
- Bathrooms: 2
- City: Waterloo
- MLS® number: X13575452
- Agent: Century 21
- Brokerage: Century 21 Canada
Description
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.