204 - 253 Lester Street
Waterloo, ON
- 5 bed
- 2 bath
- approx. 1200-1399 sqft
- Condo Apartment
- 116 days on market
Calling all investors, MOTIVATED SELLER! An Exceptional Investment Opportunity Awaits! This Fully Furnished Property, Just Minutes From The University Of Waterloo And Wilfred Laurier University, Features 5 Spacious Bedrooms And 2 Full Bathrooms, With A Large Common Area Including L Shaped kitchen And Spacious Bright Living Room. Walking Distance To Shopping, Restaurants, And Many Other Amenities. Buyer to assume the property management service agreement and have the option to Opt out at the end of the term.
Listing Details
- Taxes (2026)
- $3,920
- Originally Listed
- $549,990
- Listed
- May 14, 2026
Price History
Listing history
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Property
- Style
- Apartment
- Age
- 11-15
- Construction
- Brick, Concrete
- Interior
- Intercom
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 0
Utilities
- Heat Source
- Gas
Location & Legal
- Cross Street
- University Ave/ Lester St.
- Parcel Number
- 236410077
- Possession
- Flexible
- Occupancy
- Tenant
Condo
- Maintenance Fee
- $802/month
- Fee Includes
- Water Included, CAC Included, Common Elements Included, Building Insurance Included, Heat Included
- Pets
- Yes-with Restrictions
- Locker
- None
- Balcony
- None
Included
- Inclusions
- Fridge, Stove, Hood Fan, B/I Dishwasher, 5 Bed frame, 5 Mattress, 5 Desk, 5 Desk Chair, 5 Dresser, Dinning table with 3 Chairs, coffee table, 1 Leather Futon, 1 Sofa, 2 Floor Lamps
- Exclusions
- Tenants belongings
Schools
Secondary
- Waterloo Collegiate Institute0.7 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
- St David Catholic Secondary School1.2 km
Catholic · Waterloo CDSB · 1080 students
Grade 10 literacy: 97% met the provincial standard
- Bluevale Collegiate Institute2.8 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% met the provincial standard
Elementary
- MacGregor Public School0.8 km
Public · Waterloo Region DSB · 510 students
- Winston Churchill Public School1.3 km
Public · Waterloo Region DSB · 320 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 56% met the provincial standard
- Our Lady of Lourdes Catholic Elementary School1.7 km
Catholic · Waterloo CDSB · 385 students
Grade 3 reading: 71% met the provincial standard · Grade 6 math: 45% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2L
- Population
- 37,953
- Private dwellings
- 19,681
- Median age
- 29.8
- Average household size
- 2.2
- Median household income
- $69,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Condo & Other in Waterloo · last 12 months
- Median sold price
- $695,000
- Homes sold
- 1,034
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,034 recorded sales of residential condo & other properties in Waterloo over the last 12 months.
Rooms
2 × 4-piece on Flat
Flat
- Bedroom15'1" x 7'11"
- Bedroom 213' x 8'10"
- Bedroom 313' x 8'10"
- Bedroom 411'9" x 8'9"
- Bedroom 511'9" x 8'9"
- Dining Room9'7" x 9'3"
- Kitchen27'7" x 11'3"
- Living Room27'9" x 11'3"
Listed by
PROPERTY.CA INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$99,600
Estimated Monthly Payment
$2,447
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,447/mo (20% down, 5.5%)
Taxes: $327/mo · Insurance: $124/mo
Maint: $802/mo
Estimates only. Consult a financial advisor.
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