About this property

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.

Features & finishes

View

Balcony

Air Conditioning

Basement

Property details

MLS® Number	X13170624
Status	Sold
Listing Type	For Sale
Property Type	Condo
Interior Size	1,200 sq ft
Beds / Baths	5 bed · 2 bath
Locker	None
Exposure	South
Balcony	None
City	Waterloo
Postal Code	N2L 3W6
Province	ON
Listed Date	May 25, 2026
Brokerage	ROYAL LEPAGE SIGNATURE REALTY