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Front of Unit #104, 253 Lester Street

Unit #104, 253 Lester Street

Waterloo (Beechwood/University)
Expired
1/15
Ontario Real Estate › Waterloo › Beechwood/University › 253 Lester Street
Front of Unit #104, 253 Lester Street

Unit #104, 253 Lester Street

Waterloo (Beechwood/University)
Expired
See all 15 photos
Condo ApartmentMLS X12715914
Last asked:Expired Apr 22, 2026
$569,900
5 Bedrooms
2 Bathrooms
1K~1.2K Sq.Ft.
$802 Fee/mo
South West Exposure
$3,932 Tax/yr

Property history

$569,900first asked
$539,900last asked
▼ 5%since January
JanMarMayJul
TerminatedJul 3, 2026
$539,900MLS® X13031346
Listed for saleApr 22, 2026
$539,900MLS® X13031346
ExpiredApr 22, 2026
$569,900MLS® X12715914
Listed for saleJan 21, 2026
$569,900MLS® X12715914
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

This listing has ended. It is no longer available.

Property not available for sale or for rent.

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About this home

Unit #104, 253 Lester Street, Waterloo

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.

OtherPublic TransitSchool

Facts & features

TypeCondo Apartment
StyleApartment
Built11-15
Size1K~1.2K Sq.Ft.
Tax$3,932 (2025)
HeatingForced air, gas
CoolingCentral air

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Rooms

8 rooms · 2 bathrooms
Main floor8 rooms
  • Living room—
  • Dining room—
  • Kitchen—
  • Bedroom—
  • Bedroom 2—
  • Bedroom 3—
  • Bedroom 4—
  • Bedroom 5—
Bathrooms2
4-pcMain3-pcMain
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Around this home

University/Lester
3Walking

Schools nearby

School rating, out of 10.

Waterloosecondary · Public · 0.7 km
6.2/10
St. Davidsecondary · Private · 1.2 km
8.0/10
Winston Churchillelementary · Public · 1.3 km
4.9/10

Listing details

MLS® numberX12715914
Listed onJan 21, 2026
Days on market91
UpdatedApr 22, 2026
Listing brokerageCITYSCAPE REAL ESTATE LTD.
PossessionOther

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© 2026 HOMEH Inc., Brokerage · RECO Registration #6000380 · 505 Highway 7 East, Units 308 & 309, Thornhill, ON L3T 7T1 · Listing data courtesy of the MLS® System of the listing brokerage, deemed reliable but not guaranteed.

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