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For saleListed May 14MLS® 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
NoneLocker
$3,920/yrTaxes
Call / Text Will
$497,999
Heat & water includedCovered by the maintenance fee
Pets allowedWith building restrictions
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
Square footage
1200-1399 sq ft
Bedrooms
5
Bathrooms
2
Kitchens
1
Rooms
8
Floor
3rd
Exposure
North East
Balcony
None
Laundry
Coin Operated
Approximate age
11-15 years

Building & fees

Maintenance fee
$802.00/mo
Fee includes
Water, CAC, Common Elements, Building Insurance, Heat
Condo corporation
WSCP 635
Property management
CIE Property Management
Pets
Allowed, with restrictions
Locker
None
Exterior
Brick, Concrete

Heating & cooling

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

Parking

Parking spaces
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)
Listed
May 14, 2026 · 150 days ago
MLS® number
X13126804

Included in the maintenance fee

  • Water
  • CAC
  • Common Elements
  • Building Insurance
  • Heat

The unit and its surroundings

  • Intercom
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.
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    253 Lester Street, Waterloo, ON N2L 3W6

    Waterloo · Near University Ave/ Lester St.

    Get directionsWhat’s nearby

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    Sold history

    Listing history for 253 Lester Street

    See what this unit and others in the building 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 condo.

    Questions & answers

    Frequently asked questions about 204 - 253 Lester Street

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

    How much is 204 - 253 Lester Street listed for?

    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, before the maintenance fee and property tax. That figure is an illustration, not a quote.

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

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

    How big is 204 - 253 Lester Street?

    The listing puts the unit between 1,200 and 1,399 sq ft. The board reports a range rather than an exact figure, and it does not include a balcony or terrace.

    What type of home is 204 - 253 Lester Street?

    204 - 253 Lester Street is a condo apartment in Waterloo. The unit is on the 3rd floor, facing north east.

    What are the maintenance fees at 204 - 253 Lester Street, and what do they cover?

    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.

    Does 204 - 253 Lester Street come with parking and a locker?

    The listing does not include a parking space. There is no locker with the unit.

    Are pets allowed at 204 - 253 Lester Street?

    Pets are allowed, with restrictions. Buildings often limit the size, number or type of pet, so check the condo rules before you offer.

    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.

    What neighbourhood is 204 - 253 Lester Street in?

    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. 204 - 253 Lester Street is an active listing (MLS® X13126804), on the market since May 14, 2026. Listings here update from the board through the day and come down once a condo sells.

    What have condos at 253 Lester Street sold for?

    Recent sales, leases and expired listings for this unit and the rest of the building 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 647-619-2256.

    Have a different question? Ask about this condo 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.

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