402-253 Lester Street, Waterloo, ON

Waterloo
University Ave W
5 Br | 2 Bath | 1000-1199 Sqft
$569,900 For Sale

Property Overview

  • Condo Apartment — 1 Storey/Apt
  • SqFt: | 1000-1199 Sqft
  • Monthly Fee: $790/mo
  • Fee Includes: Heat Included, Common Elements Included, Building Insurance Included, Water Included
  • Exposure: East
  • Balcony: None
  • Locker: None
  • Ensuite Laundry: No
  • Age: 11-15 Years
  • Taxes: 3,538 / 2025
  • MLS #: X12799360
  • Heat Source: Gas , Forced Air

Property Description

Exceptional investment opportunity! Ideally located just minutes from the University of Waterloo and Wilfrid Laurier University making it a valuable addition to any investor's portfolio! Featuring five spacious bedrooms and two full bathrooms this home offers a thoughtfully designed layout with a large common area complete with an L-shaped kitchen and a bright open living room - perfect to relax and gather!

Condo feesinclude heat and water. The building features parking, shared laundry facilities, elevator access and close proximity to transit, shopping, allamenities and much more! Potential to generate over $50,000 per year with current rents!

Range Hood, Refrigerator, Stove

Property Details

  • For: For Sale
  • Type: Condo Apartment
  • Style: 1 Storey/Apt
  • Region: Waterloo
  • Hood: Waterloo
  • Pets Allowed: Yes-with Restrictions
  • Senior Community: No

Building Details

  • Condo Corp #: 641
  • Association: 641
  • Management: CIE Property Management
  • Age: 11-15 Years
  • Exterior: Brick
  • Heat: Gas , Forced Air
  • A/C: Central Air
  • Total Parking: 0.00
  • Parking Features: Street Only
  • Locker: None

Property Interior

  • Sqft: 1000-1199 Sqft
  • Bed: 5
  • Bath: 2
  • Kitchen: 1
  • Ensuite Laundry: No
  • Interior Features: None
Rooms Details

Living Room

Main Level

4.55 x 2.82

Kitchen

Main Level

3.94 x 3.48

Bedroom

Main Level

4.22 x 2.54

Bedroom 2

Main Level

3.53 x 2.67

Bedroom 3

Main Level

3.23 x 3

Bedroom 4

Main Level

3.56 x 2.72

Bedroom 5

Main Level

3.84 x 2.57

Bathroom

Main Level

0 x 0

4 Pc Bath

Bathroom

Main Level

0 x 0

3 Pc Bath

Property Listed by: KELLER WILLIAMS INNOVATION REALTY
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Home Valuation Estimate

What is 402-253 Lester Street, Waterloo, ON worth in today’s Waterloo condo market?

This HomeZira valuation preview helps buyers and sellers review the asking price for this 5-bedroom Condo Apartment with 1000-1199 sq. ft. in Waterloo. The full estimate considers the condo’s location, property type, bedroom count, size range, building age, maintenance fee, and nearby comparable market activity after sign-in.

Condo-specific estimate See a valuation range built around this unit’s local condo profile.
Comparable condo context Review how similar nearby condo units help frame market value.
Fee and building factors Consider size, age, bedroom count, parking, locker, and maintenance-fee context.

This listing shows a $790/mo maintenance fee, which can be an important part of condo value comparison because monthly costs affect affordability and buyer demand.

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Location

  • Address: 402-253 Lester Street
  • Neighborhood: n/a
  • Zip/Postal Code: N2L 3W6
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Mortgage Calculator

Mortgage Amount:$0
Monthly Mortgage (est.):$0
Payment (per period): $0
Estimated Monthly Total*$0
*Monthly total = monthlyized mortgage payment + taxes/12 + condo fee.

About 402-253 Lester Street, Waterloo

Located at 402-253 Lester Street, Waterloo, ON (Waterloo), near University Ave W, this condo offers a balanced mix of comfort and day-to-day practicality. Inside, you’ll find Condo Apartment · 1 Storey/Apt, 5 bedrooms, 2 bathrooms and approximately 1000-1199 sq.ft. of interior space. East exposure for consistent daylight, with an none balcony that extends the living space outdoors. Everyday convenience includes 0 underground parking spots, an owned locker and ensuite laundry: No. The condominium budget is straightforward, with monthly fees of $790/mo and coverage for Heat Included, Common Elements Included, Building Insurance Included, Water Included. The building is TSCC #641 and CIE Property Management managing the property. It is currently listed at $569,900. MLS® X12799360.

Condo FAQs for 402-253 Lester Street, Waterloo, ON , Waterloo

What are the listing details for 402-253 Lester Street, Waterloo, ON?
402-253 Lester Street, Waterloo, ON is a Condo Apartment for sale in Waterloo, Waterloo. The current list price is $569,900. MLS number: X12799360.
How many bedrooms and bathrooms does this condo have?
402-253 Lester Street, Waterloo, ON is listed as a Condo Apartment with a ["1 Storey\/Apt"] style, featuring 5 bedroom(s) and 2 bathroom(s). The listed interior size range is 1000-1199 sq. ft..
What is the monthly condo fee for this listing?
The listed monthly maintenance fee is $790/mo. The listing shows the fee includes: ["Heat Included","Common Elements Included","Building Insurance Included","Water Included"].
What parking, locker, balcony, and exposure details are shown?
Total parking is listed as 0 space(s). Locker is listed as: None. Balcony type is listed as: None. Exposure is listed as: East.
What building or condo corporation details are listed?
Condo corporation number: 641. Property management company: CIE Property Management.
Where is this condo located?
402-253 Lester Street, Waterloo, ON is located in Waterloo. The listed cross street is University Ave W. Annual taxes are listed as $3,538 / 2025. The public listing page shows active listing information only and does not include sold prices in this FAQ.

FAQ content is based on current active condo listing fields shown on this page. Sold prices, sold comparables, and VOW-only details are not included in this public FAQ.