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STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108

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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$509,000
Available - For Sale
Listing ID: X13575452
Incredible turnkey investment in the heart of Waterloo's university district! This purpose-built 5-bedroom, 2-bathroom condo at 253 Lester St has the potential to generate over $49,000/year in gross rental income with positive monthly cash flow. Just steps to Wilfrid Laurier University and the University of Waterloo, this high-demand location ensures consistent tenancy. Features include a spacious open-concept living area, two full baths, included furniture, and professional property management options for a completely hands-off experience. Condo fees include heat and water, and the building offers parking, shared laundry, elevator access, and proximity to transit, shops, and amenities.
Price $509,000
Taxes: $3,950
Occupancy by: Tenant
Address: 253 Lester Street , Waterloo, N2L 3W6, Waterloo
Postal Code: N2L 3W6
Province/State: Waterloo
Directions/Cross Streets: University Ave W/Lester St
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 13.97 8.99
Room 2: Main Dining Ro 13.97 8.99
Room 3: Main Kitchen 11.97 10.99
Room 4: Main Bedroom 12.99 7.97
Room 5: Main Bedroom 2 10.99 7.97
Room 6: Main Bedroom 3 9.97 8.99
Room 7: Main Bedroom 4 10.99 7.97
Room 8: Main Bedroom 5 11.97 7.97
Room 9: Main Bathroom 5.97 3.97
Room 10: Main Bathroom 3.97 3.97
No. of Pieces Level
Washroom 1:  4 Flat
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Total Area: 0
Approximatly Age: 16-30
Maintenance: 802
Heat Type: Forced Air
Central Air Conditioning: Central Air
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE SIGNATURE REALTY

253 Lester Street , Waterloo, N2L 3W6, Waterloo

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Stan Khurana
Sales Representative
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6473836000
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905-883-1988

 
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Type: Com - Condo Apartment
Area: Waterloo
Municipality: Waterloo
Neighbourhood: Dufferin Grove
Style: Apartment
Lot Size: x 0.00()
Approximate Age: 16-30
Tax: $3,950
Maintenance Fee: $802
Beds: 5
Baths: 2
Garage: 0
Fireplace: N
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