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253 Lester Street 407, Waterloo, ON N2L 3W6 | Condo Apartment for Sale in Waterloo | CondoPoint | CondoPoint

$514,900

253 Lester Street 407, Waterloo, ON N2L 3W6

5Bedrooms

2Bathrooms

0Parking

Key Highlights

Property TypeResidential Condo & Other

Property Sub TypeCondo Apartment

CityWaterloo

NeighbourhoodWaterloo

Days on Market18 Days

ExposureEast

BasementApartment

Property Description

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)

Approximate Age0

MLS StatusTerminated

MLS #X13305578

Annual Taxes$3,809

Maintenance Fees$721.42

Maintenance Fee IncludesHeat Included, Water Included

Cross StreetsUniversity and Lester

Interior Features

HeatingForced Air (Gas)

CoolingCentral Air

Interior FeaturesApartment

Exterior Features

Architectural StyleCondo Apartment

Pets AllowedNo

ElevatorYes

Exterior FeaturesStucco (Plaster)

Map

Room Details

Room details are not available for this property.

Mortgage Calculator & Financial Insights

Estimated Paymentmonthly

$3,328 / month

Req. Household Income

$124,816/yr

Est. Upfront Cash

$107,253

Down Payment (20%)$102,980

5% ($25,745)50% ($257,450)

Interest Rate4.50%

Amortization Period

Monthly Payment Breakdown

Principal & Interest

$2,290

Property Taxes

$317

Maintenance Fees

$721

Req. Household Income (32% GDS):$124,816/yr

* Disclaimer: Estimated calculations for informational purposes only. Actual payments may vary based on lender approval, interest rates, taxes, insurance, and other applicable costs.