253 Lester St. #401 is a turnkey student rental investment property in the heart of Waterloo's university district. This spacious 5-bedroom, 2-bathroom condo is purpose-built for student living and delivers strong, consistent rental income with minimal effort. Just steps from Wilfrid Laurier University and the Universi...
Property Details
Construction MaterialsStucco (Plaster), Brick
Approximate Age0
MLS StatusNew
MLS #X14129066
Annual Taxes$3,809
Maintenance Fees$721.42
Maintenance Fee IncludesHeat Included, Water Included, Building Insurance Included
Cross StreetsUniversity and Lester
Interior Features
HeatingForced Air (Electric)
CoolingCentral Air
Exterior Features
Architectural StyleCondo Apartment
Pets AllowedNo
ElevatorYes
Exterior FeaturesStucco (Plaster), Brick
Virtual TourAvailable
Building & Property Amenities
elevator
heat included
water included
building insurance included
Comprehensive Specifications
Approximate Age16-30
AreaWaterloo
Bedrooms Above Grade4
Central Vacuum Y Nfalse
Contact After Expiry Y Nfalse
Contract StatusAvailable
Den Familyroom Y Nfalse
DirectionsUniversity and Lester
Ensuite Laundry Y Nfalse
Garage Y Nfalse
Geocode Attempts0
Geocode StatusPENDING
InclusionsMicrowave, Refrigerator, Stove
Kitchens Above Grade1
Kitchens Total1
Legal Stories5
List A O ROne Point Association of REALTORS
Living Area Range1000-1199
Lockfalse
Permission To Contact Listing Broker To Advertisefalse
Square Foot Sourceexterior measurements from iguide
Status Certificate Y Nfalse
Street SuffixStreet
Tax Year2025
Unit Number401
Vendor Property Info Statementfalse
Virtual Tour U R L Branded2https://www.benjaminsrealty.com/listings/253-lester-street
Washrooms Type12
Washrooms Type1 Pcs4
Map
Rooms
Room details are not available for this property.
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Estimated Paymentmonthly
$3,590 / month
Req. Household Income
$116,311/yr
Est. Upfront Cash
$28,198
$24,445
5.0% ($24,445)50% ($244,450)
4.04%
Monthly Payment Breakdown
Principal & Interest
$2,551
Property Taxes
$317
Maintenance Fees
$721
Req. Household Income (32% GDS):$116,311/yr
* Disclaimer: Estimated calculations for informational purposes only. Actual payments may vary based on lender approval, interest rates, taxes, insurance, and other applicable costs.