253 Lester Street, Unit 203

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.

Property Type

Condo Apartment

Style

Apartment

Year Built

16-30

Heating

Fan Coil

Cooling

Central Air

Basement

None

Annual Taxes

$3,768 (2025)

Maintenance Fee

$802/mo

MLS #

X13170624

Brokerage

ROYAL LEPAGE SIGNATURE REALTY

Days on Market

2 days

Estimated payment. Does not include property tax, insurance, or condo fees.

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