Reid Greiner
101 253 Lester Street
Waterloo
N2L 3W6
$530,000
Residential Condo & Other
beds: 5
baths: 2.0
- Status:
- Active
- Prop. Type:
- Residential Condo & Other
- MLS® Num:
- X12596864
- Bedrooms:
- 5
- Bathrooms:
- 2
- Photos (34)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
Room #1 - vacating end of December, #2 - Vacant, #3 Vacant, #4 - $750, Lease Ending 25th Aug, 2028, #5 - Vacant. 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 proximity to transit, shops, and amenities.
- Property Type:
- Residential Condo & Other
- Property Sub Type:
- Condo Apartment
- Home Style:
- Apartment
- Approx. Age:
- 16-30
- Total Approx Floor Area:
- 1000-1199
- Exposure:
- North West
- Bedrooms:
- 5
- Bathrooms:
- 2.0
- Kitchens:
- 1
- Bedrooms Above Grade:
- 5
- Kitchens Above Grade:
- 1
- Rooms Above Grade:
- 8
- Heating type:
- Forced Air
- Heating Fuel:
- Gas
- Storey:
- 2
- Balcony:
- None
- Basement:
- None
- Fireplace/Stove:
- No
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Features:
- Underground
- Parking Type:
- None
- Parking Spaces:
- 0
- Total Parking Spaces:
- 0.0
- Locker:
- None
- Family Room:
- Yes
- Possession Details:
- TBD
- HST Applicable To Sale Price:
- Included In
- Maintenance Fee:
- $790.49
- Maintenance fees include:
- Heat Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included
- Taxes:
- $3,809 / 2025
- Assessment:
- $- / -
- Waterloo
- Waterloo
- Other
- Yes-with Restrictions
- None
- Fridge, Stove, Hood Fan, B/I Dishwasher. All Elfs & Window Coverings
- Tenants Belongings
- Brick
- Floor
- Type
- Size
- Other
- Main
- Living Room
- 14' × 9'
- Main
- Dining Room
- 14' × 9'
- Main
- Kitchen
- 12' × 11'
- Main
- Bedroom
- 13' × 8'
- Main
- Bedroom 2
- 11' × 8'
- Main
- Bedroom 3
- 10' × 9'
- Main
- Bedroom 4
- 11' × 8'
- Main
- Bedroom 5
- 12' × 8'
- Floor
- Ensuite
- Pieces
- Other
- Main
- No
- -
- 6' x 4'
- Main
- No
- -
- 4' x 4'
- Special Designation:
- Unknown
- Air Conditioning:
- Central Air
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Laundry Access:
- Coin Operated, In Building
- Condo Corporation Number:
- 641
- Property Management Company:
- CIE Property Management
-
Photo 1 of 34 -
Photo 2 of 34
-
Photo 3 of 34
-
Photo 4 of 34
-
Photo 5 of 34
-
Photo 6 of 34
-
Photo 7 of 34
-
Photo 8 of 34
-
Photo 9 of 34
-
Photo 10 of 34
-
Photo 11 of 34
-
Photo 12 of 34
-
Photo 13 of 34
-
Photo 14 of 34
-
Photo 15 of 34
-
Photo 16 of 34
-
Photo 17 of 34
-
Photo 18 of 34
-
Photo 19 of 34
-
Photo 20 of 34
-
Photo 21 of 34
-
Photo 22 of 34
-
Photo 23 of 34
-
Photo 24 of 34
-
Photo 25 of 34
-
Photo 26 of 34
-
Photo 27 of 34
-
Photo 28 of 34
-
Photo 29 of 34
-
Photo 30 of 34
-
Photo 31 of 34
-
Photo 32 of 34
-
Photo 33 of 34
-
Photo 34 of 34
Listed by ROYAL LEPAGE SIGNATURE REALTY
Data was last updated December 3, 2025 at 04:15 PM (UTC)
Area Statistics
- Listings on market:
- 140
- Avg list price:
- $449,900
- Min list price:
- $275,000
- Max list price:
- $2,268,888
- Avg days on market:
- 57
- Min days on market:
- 5
- Max days on market:
- 392
These statistics are generated based on the current listing's property type
and located in
Waterloo. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- Reid Greiner
- Royal LePage Signature Realty
- 416 888-7343
- reid@royallepage.ca
Reid Greiner The Kilted Realtor
My Office is Located at:
%20stacked%20144.jpg)
201 - 30 Eglinton Ave. West Mississauga ON L5R3E7
905 568-2121
Give Me A Call