Waterloo
Waterloo
Listed For $599,000
Get Pre-approvedExpired
Room #1 - $750, ending Aug 26, 2025, #2 - $750, ending Aug 26, 2025, #3 - $750, ending Aug 26, 2025, #4 - Vacant, #5 - $750, ending Aug 26, 2025. 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 pr
Compare with similar recently sold properties nearby
* Values are estimates only and not a guarantee of lending or affordability.