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253 Lester Street 203, Waterloo, ON N2L 3W6 | Recently Sold Condo Apartment in Waterloo | CondoPoint | CondoPoint

$499,000

Off-Market

253 Lester Street 203, Waterloo, ON N2L 3W6

5Bedrooms

2Bathrooms

0Parking

Key Highlights

Property TypeResidential Condo & Other

Property Sub TypeCondo Apartment

CityWaterloo

NeighbourhoodWaterloo

Days on Market29 Days

Sold DateJun 29, 2026

ExposureSouth

Property Description

Turnkey cash-flow opportunity in Waterloo's premier university district! This purpose-built 5-bedroom, 2-bathroom investment condo at 253 Lester St offers exceptional income potential. Ideally positioned just steps from Wilfrid Laurier University and the University of Waterloo, this high-demand rental location supports...

Property Details

Construction MaterialsBrick, Concrete

Approximate Age0

MLS StatusSold

MLS #X13170624

Sold DateJun 29, 2026

Annual Taxes$3,768

Maintenance Fees$802

Maintenance Fee IncludesHeat Included, Water Included, Common Elements Included, Building Insurance Included

Cross StreetsUniversity Ave W / Lester St

Interior Features

HeatingFan Coil (Gas)

CoolingCentral Air

Exterior Features

Architectural StyleCondo Apartment

Garage TypeUnderground

Pets AllowedYes-with Restrictions

Exterior FeaturesBrick, Concrete

Map

Rooms

Name	Size	Meter Features
Kitchen	0 x 0 m
Living Room	2.81 x 2.89 m
Dining Room	0 x 0 m

Mortgage Calculator & Financial Insights

Estimated Paymentmonthly

$3,720 / month

Req. Household Income

$119,417/yr

Est. Upfront Cash

$28,905

Down Payment (5.0%)$24,950

5.0% ($24,950)50% ($249,500)

Interest Rate4.04%

Amortization Period

Monthly Payment Breakdown

Principal & Interest

$2,604

Property Taxes

$314

Maintenance Fees

$802

Req. Household Income (32% GDS):$119,417/yr

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