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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Waterloo
  • 253 Lester Street
253-lester-street-waterloo-ontario-x13170624
253-lester-street-waterloo-ontario-x13170624
253-lester-street-waterloo-ontario-x13170624
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  • For SaleAdded 10 days ago
  • Condo Apt

203 - 253 Lester Street

Waterloo
  • 5 Bedrooms
  • 2 Bathrooms
  • 0 Garage
  • Share
Listed for: $509,000
Estimated Price: $ 531,296
4.38%
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Key Facts About 203 - 253 Lester Street, Waterloo

  • Tax$3,768 / 2025
  • Property TypeCondo
  • Building TypeCondo Apt
  • Building StyleApartment
  • Maintenance Fees$802
  • Building Age16-30
  • Size1200 - 1399 feet²
  • Listing #X13170624
  • Data SourcePROPTX
  • Days on Market10
  • Listed On25/05/2026
  • Updated On25/05/2026
  • Market Demand
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Description

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 i

Property Details of 203 - 253 Lester Street, Waterloo

Property

  • Property TypeCondo Apt
  • StyleApartment
  • MunicipalityWaterloo

Inside

  • Bedrooms5
  • Bathrooms2
  • Bathroom Details1, 4pc Flat
  • Bathroom Details1, 3pc Flat
  • Kitchen1
  • Rooms8
  • Family RoomsN
  • Central VacN
  • FireplaceN

Utilities

  • CoolingCentral Air
  • Heating TypeFan Coil
  • Heating FuelGas

Building

  • Size1200 - 1399 feet²
  • Architecture StyleApartment
  • Exterior FeatureBrick, Concrete
  • Building Age16-30

Parking

  • Garage TypeUnderground
  • Garage0
  • Total Parking Places0

Land

  • Cross StreetUniversity Ave W / Lester St

Our Estimate

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Estimated Home Value

$ 531,296

Date of Estimation

25-May-2026

Estimated Rent

$ 3,209

Rental Yield

6.39%

School Score

7.9/10

Rental Score

5/5

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Rooms

Dining Room
Level: Flat
Kitchen
Level: Flat
Living Room (2.89X2.81 metre)
Level: Flat

Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,371

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $802
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Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

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About 203 - 253 Lester Street, Waterloo

It is a 5 bedroom, 2 bathroom, Condo Apt property located at Waterloo. 253 Lester Street has no garage, and has 0 parking places. This Condo Apt house in Waterloo has Dining Room,Kitchen,Living Room in main level. Fan Coil, Gas heating systems are used in heating/cooling systems for 253 Lester Street, Waterloo. This property which is located in Lester Street does not have a pool. This property located in Waterloo doesn't have a fire place.

FAQs About 203 - 253 Lester Street, Waterloo

How many bathrooms does this property have?

This property features 2 bathroom(s) and 5 bedroom(s).

Does this 5 bedroom property have additional bedrooms or a den?

This Condo Apt property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 5 bed property in Waterloo is 1200 - 1399.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 253 Lester Street?

This property does not feature a garage.

What type of garage does this property have?

This property includes an Underground garage with space for 0 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $802.00.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Fan Coil.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 203 - 253 Lester Street, Waterloo

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Listing History

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