#104 - 253 LESTER STREET - Main photo, Waterloo, Ontario

#104 - 253 LESTER STREET - Photo 2 of 15, Waterloo, Ontario

#104 - 253 LESTER STREET - Photo 3 of 15, Waterloo, Ontario

#104 - 253 LESTER STREET - Photo 4 of 15, Waterloo, Ontario

#104 - 253 LESTER STREET - Photo 5 of 15, Waterloo, Ontario

+10 photos

#104 - 253 LESTER STREET - Photo 1 of 15, Waterloo, Ontario

1 / 15

$569,900

#104 - 253 LESTER STREET — Waterloo, Ontario

N2L3W6

5Beds

2Baths

Listed by CITYSCAPE REAL ESTATE LTD.

About This Property

Opportunity Knocks! Freshly painted and impeccably maintained, this ground-floor CORNER unit offers a truly hands-off investment in a high-demand area. Centrally located along the university hub - walking distance to both University of Waterloo and Wilfrid Laurier University. All 5 bedrooms are fully tenanted, generating $3,800/month in rental income which totals a yearly income of $45,600. Tenancies are secured with 3-year leases beginning September 2025, providing exceptional stability and peace of mind for any investor. The building has recently added a brand-new onsite laundry facility, enhancing convenience for the tenants. A rare chance to step into a worry-free, income-producing property. Please see inclusions for furniture included. (id:63357)

Property Details

Property Type: Condo
Bedrooms: 5
Bathrooms: 2
Status: Active

Location & Neighborhood

What's nearby #104 - 253 LESTER STREET

Nearby Schools

Waterloo Collegiate Institute
public
0.7 km

Parks & Recreation

Unnamed
park
0.4 km
WLU Quad
park
0.5 km
Veterans' Green
park
0.6 km

Transit Access

University of Waterloo Terminal
Bus Stop
0.3 km
University of Waterloo Station
Bus Stop
0.4 km
Phillip / Columbia
Bus Stop
0.5 km
Columbia / Lester
Bus Stop
0.5 km
Laurier - Waterloo Park Station
Bus Stop
0.5 km

Local Amenities

Dining

Chinese Lamian0.2 km
Foodie Fruitie0.2 km

Coffee & Cafes

CoCo Fresh Tea & Juice0.2 km
Now Tea0.2 km

POI data updated recently

Waterloo Market Snapshot

545

Active Listings

$579K

Median Price

Avg Days on Market

Last updated: Jan 21, 2026

Keep Browsing

All Waterloo Homes

Browse all listings

Condos in Waterloo

Similar property type

$300K-$500K

Similar price range

Explore Waterloo

All Waterloo

Browse all properties

Waterloo Articles Market Insights

Listed by

CITYSCAPE REAL ESTATE LTD.

The data relating to real estate on this website comes in part from the MLS® Reciprocity program.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code.

The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

The listing content on this website is protected by copyright and other laws. Screen scraping, database scraping, and all other forms of automated data collection are prohibited.

$569,900