OFF MARKET

Off market

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253 Lester St Unit 104, Waterloo, ON N2L 3W6

About this home

This home is currently off market and not for sale.

Opportunity Knocks! Freshly painted and impeccably maintained, this ground-floor CORNER unit offers a truly hands-off investment in a high-demand area. Centrally located along the university hub - walking distance to both University of Waterloo and Wilfrid Laurier University. All 5 bedrooms are fully tenanted, generating $3,800/month in rental income which totals a yearly income of $45,600. Tenancies are secured with 3-year leases beginning September 2025, providing exceptional stability and peace of mind for any investor. The building has recently added a brand-new onsite laundry facility, enhancing convenience for the tenants. A rare chance to step into a worry-free, income-producing property. Please see inclusions for furniture included.

CondoProperty Type

Source:TREB #X12715914

Market trends in Downtown Waterloo, ON

Last updated October 2026

Sale-to-list price

Median sale price

Avg. days on market

Recently sold homes

Provided by Redfin

Sale history for 253 Lester St Unit 104

Date

Event

Price

TREB #X12715914

Apr 22, 2026

Delisted

—

Jan 21, 2026

Listed

$569,900

+10

Property details

Around this home

Schools

0.8km

MacGregor Public School

Public, 6-8 • Assigned

0.6km

Waterloo Collegiate Institute

Public, 9-12 • Assigned

Provided by Local Logic

Lifestyle

Provided by Walk Score and Local Logic

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Nearby similar homes

Sorry, we don't have any nearby similar homes to display. See all homes for sale in Downtown Waterloo

Home values near 253 Lester St Unit 104

Data from public records.

Address
253 Lester Street Apartment 202, Waterloo, ON - Beds \| - Baths \| - Sq. Ft.
253 Lester Street Apartment 302, Waterloo, ON - Beds \| - Baths \| - Sq. Ft.
253 Lester Street Apartment 100, Waterloo, ON - Beds \| - Baths \| - Sq. Ft.
253 Lester Street Apartment 501, Waterloo, ON - Beds \| - Baths \| - Sq. Ft.
253 Lester Street Apartment 503, Waterloo, ON - Beds \| - Baths \| - Sq. Ft.
254 Lester Street, Waterloo, ON - Beds \| - Baths \| - Sq. Ft.
253 Lester Street, Waterloo, ON - Beds \| - Baths \| - Sq. Ft.

Address
253 Lester Street Apartment 303, Waterloo, ON - Beds \| - Baths \| - Sq. Ft.
253 Lester Street Apartment 502, Waterloo, ON - Beds \| - Baths \| - Sq. Ft.
253 Lester Street Apartment 101, Waterloo, ON - Beds \| - Baths \| - Sq. Ft.
253 Lester Street Apartment 504, Waterloo, ON - Beds \| - Baths \| - Sq. Ft.
257 Lester Street Apartment A, Waterloo, ON - Beds \| - Baths \| - Sq. Ft.
252 Lester Street, Waterloo, ON - Beds \| - Baths \| - Sq. Ft.
257 Lester Street Apartment D, Waterloo, ON - Beds \| - Baths \| - Sq. Ft.

Address
253 Lester Street Apartment 201, Waterloo, ON - Beds \| - Baths \| - Sq. Ft.
253 Lester Street Apartment 402, Waterloo, ON - Beds \| - Baths \| - Sq. Ft.
253 Lester Street Apartment 102, Waterloo, ON - Beds \| - Baths \| - Sq. Ft.
253 Lester Street Apartment 103, Waterloo, ON - Beds \| - Baths \| - Sq. Ft.
255 Lester Street, Waterloo, ON - Beds \| - Baths \| - Sq. Ft.
250 Lester Street, Waterloo, ON - Beds \| - Baths \| - Sq. Ft.
253 Lester Street Apartment 203, Waterloo, ON - Beds \| - Baths \| - Sq. Ft.

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