For saleMLS® X13126804

204 - 253 Lester Street, Waterloo, ON N2L 3W6

Waterloo · Near University Ave/ Lester St. · View map

$497,999
5Beds
2Baths
1200–1399Sq ft
Condo apartmentType
$802/moMaint. fee
NoneParking
$3,920/yrTaxes
$497,999
Heat & water includedCovered by the maintenance fee
Central airCool all summer

About this home

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.

The home

Type
Condo apartment
Style
Apartment
Square footage
1200-1399 sq ft
Bedrooms
5
Bathrooms
2
Kitchens
1
Rooms
8
Basement
None
Faces
North East
Level
3
Laundry
Coin Operated
Approximate age
11-15 years

Ownership & fees

Ownership
Condominium
Maintenance fee
$802.00/mo
Fee includes
Water, CAC, Common Elements, Building Insurance, Heat
Complex
WSCP 635
Property management
CIE Property Management
Pets
Allowed, with restrictions
Exterior
Brick, Concrete

Heating & cooling

Heating fuel
Gas
Heating type
Forced Air
Air conditioning
Central Air
Fireplace
No

Garage & parking

Total parking
None

Taxes & other

Property taxes
$3,920/yr
Tax year
2026
Occupancy
Tenant
Possession
Flexible
Cross street
University Ave/ Lester St.

More

Price per sq ft
~$383 (at 1,300 sq ft)
MLS® number
X13126804

The home and its surroundings

  • Intercom

Included in the maintenance fee

  • Water
  • CAC
  • Common Elements
  • Building Insurance
  • Heat
Want to know something that isn’t listed?
Estimated monthly cost$3,137per month, all in
  • Mortgage
  • Property tax
  • Maintenance fee

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
    Open the calculators
    Loading map…

    253 Lester Street, Waterloo, ON N2L 3W6

    Waterloo · Near University Ave/ Lester St.

    Get directionsWhat’s nearby

    Schools nearby

    Open this tab to load nearby schools.

    Your commute

    Enter where you go every day to see real drive times:

    Sold history

    Listing history for 253 Lester Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 204 - 253 Lester Street

    Answers come straight from this home’s MLS® listing.

    How much is 204 - 253 Lester Street listed for, and what would it cost each month?

    204 - 253 Lester Street is listed for $497,999. With 20% down ($99,600), the mortgage payment would be roughly $2,009 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $3,137 a month, all in. That figure is an illustration, not a quote.

    Is 204 - 253 Lester Street freehold or a condo, and is there a monthly fee?

    204 - 253 Lester Street is a condo apartment in Waterloo. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $802.00 a month. The listing says it covers water, cac, common elements, building insurance, heat. Fees can change, so confirm the current amount in the status certificate.

    How many bedrooms and bathrooms does 204 - 253 Lester Street have?

    204 - 253 Lester Street has 5 bedrooms and 2 bathrooms.

    Does 204 - 253 Lester Street have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    Does 204 - 253 Lester Street have a finished basement?

    No. The listing shows no basement for this home.

    What style of home is 204 - 253 Lester Street?

    204 - 253 Lester Street is a condo apartment. A condo is a unit you own in a building or complex, with the common areas shared and paid for through a monthly fee.

    How big is 204 - 253 Lester Street?

    The listing puts the home between 1,200 and 1,399 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.

    How is 204 - 253 Lester Street heated and cooled?

    Heating is forced air (gas). Cooling is central air.

    What are the property taxes for 204 - 253 Lester Street?

    Property taxes are $3,920 a year (2026), or about $327 a month.

    Are pets allowed at 204 - 253 Lester Street?

    Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.

    Where is 204 - 253 Lester Street?

    204 - 253 Lester Street is in Waterloo. The nearest main intersection is University Ave/ Lester St.. The postal code is N2L 3W6.

    Is 204 - 253 Lester Street still for sale?

    Yes. It is an active listing (MLS® X13126804). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 204 - 253 Lester Street asking?

    Similar properties for sale nearby right now include 101 - 253 Lester Street at $509,000 (5 bed), 206 - 251 Lester Street at $489,000 (5 bed) and 101 - 251 Lester Street at $509,000 (5 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 253 Lester Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 204 - 253 Lester Street?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.

    Call Text Explore Home value

    Have questions?

    Call or text today — we're here to help.

    647-931-3923
    CallText