101 - 253 LESTER STREET
Waterloo, Ontario
MLS® X13575452
$509,000
- Status
- Active
- Property type
- House
- MLS® number
- X13575452
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- —
1 / 34Listing 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.
Property summary
- MLS® number
- X13575452
- Property type
- Single Family
- Building type
- Apartment
- Title
- Condo/Strata
- Annual property taxes
- $3,950.00
- Parking
- No Garage
- Days on market
- 47 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- None
- Appliances
- Refrigerator, Dishwasher, Stove, Hood Fan, Window Coverings
- Exterior features
- Brick
- Lot features
- Laundry- Coin operated
- Community features
- Pets Allowed With Restrictions
- Maintenance fee
- $802 / Monthly
What would this home cost you?
Based on the $509,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY, MISSISSAUGA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.