For Sale: 203-253 Lester Street, Waterloo, ON - REW
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$509,000
5 bd 2 ba 1200 - 1399 sf Apt/Condo

203 - 253 Lester StreetWaterloo, ON, N2L 3W6

  • 5 Bed
  • 2 Bath
  • 1200 - 1399 Sqft
  • Apt/Condo

About this home

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.
Listed by: Sumit Taggar, Salesperson, ROYAL LEPAGE SIGNATURE REALTY

Home facts and features

Price details
List Price
Gross Taxes for 2025
$3,768
Strata Maintenance Fees
$802
Home facts
Bedrooms
5
Full Bathrooms
2
Property Type
Apt/Condo
Year Built
16 - 30 yrs old
Exterior Finish
Brick, Concrete
Heating Type
Fan Coil, Gas
Cooling
Central Air
Features
Coin Operated
Amenities
Building Insurance Included, Common Elements Included
Agent details
Primary Agent
Sumit Taggar
Primary Broker
ROYAL LEPAGE SIGNATURE REALTY
Secondary Agent
Poonam Taggar
Secondary Broker
ROYAL LEPAGE SIGNATURE REALTY
Listing details
Days on REW
13 Days
MLS® Number
X13170624
Source
Toronto Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Waterloo Collegiate Institute
  • Public
  • 9 - 12
MacGregor Public School
  • Public
  • 6 - 8
St David Catholic Secondary School
  • Catholic
  • 9 - 12
Winston Churchill Public School
  • Public
  • JK - 6
Our Lady of Lourdes Catholic Elementary School
  • Catholic
  • JK - 8
Keatsway Public School
  • Public
  • JK - 6
Cedarbrae Public School
  • Public
  • JK - 6
Centennial (Waterloo) Public School
  • Public
  • 7 - 8
Empire Public School
  • Public
  • JK - 6
Elizabeth Ziegler Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-06.