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253 Lester, 503 Waterloo, ON N2L 3W6

Waterloo, ON N2L 3W6

$425,717.37 USD
5 beds

The Details

Transaction Typefor sale
Property TypeCondo
Maintenance$790

About this home

Generating over $53,000/year in Gross Revenue, this powerhouse of a student rental is a guaranteed money maker and one of the best passive investment models in the Waterloo Region. Walking distance to both Laurier and UW, theres no shortage of students eager to move here, and many stay for the duration of their education. With 5 bedrooms, 2 full bathrooms, and a massive open-concept living area, the attention to d...
Web ID: 94083241
Listing Courtesy of TRILLIUMWEST REAL ESTATE BROKERAGE LTD, CD_TRREB:X12037147

key features

Outdoor features
  • Asphalt Shingle Roof

Sales History for building
dateunitpriceapprox. sq. ft.bedsbaths
03/28/2024502$585,000050
06/30/2023404$590,000050
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Data last updated 05/28/2025 13:04:30.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer. Images may be digitally enhanced photos, virtually staged photos, artists' renderings of future conditions, or otherwise modified, and therefore may not necessarily reflect actual site conditions. Accordingly, interested parties must confirm actual site conditions for themselves, in person.