New
16
$460,000
+$450/mo fees107 ROGER Street 416, Waterloo, ON N2J 0G3
2 bd
1 ba
800 sf
1
Listed yesterdayMLS® X14146366
Listing courtesy of RE/MAX REALTY SERVICES INC.
1 / 34
For saleMLS® X13575452
253 Lester Street 101, Waterloo, ON N2L 3W6
$509,000
+ $802/mo maintenance$509 / sq ft3 months on market
- Bedrooms
- 5
- Bathrooms
- 2
- Interior
- 1,000 sf
- Age
- 16-30 years
What's special
- Storage locker
- North west exposure
- Central air
- Pets with restrictions
- Heat, Water, A/C included
About this property
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.
Rooms
10 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Living Room | Main | 4.26 × 2.74 m14.0 × 9.0 ft | — |
| Dining Room | Main | 4.26 × 2.74 m14.0 × 9.0 ft | — |
| Kitchen | Main | 3.65 × 3.35 m12.0 × 11.0 ft | — |
| Bedroom | Main | 3.96 × 2.43 m13.0 × 8.0 ft | — |
| Bedroom 2 | Main | 3.35 × 2.43 m11.0 × 8.0 ft | — |
| Bedroom 3 | Main | 3.04 × 2.74 m10.0 × 9.0 ft | — |
| Bedroom 4 | Main | 3.35 × 2.43 m11.0 × 8.0 ft | — |
| Bedroom 5 | Main | 3.65 × 2.43 m12.0 × 8.0 ft | — |
| Bathroom | Main | 1.82 × 1.21 m6.0 × 4.0 ft | — |
| Bathroom | Main | 1.21 × 1.21 m4.0 × 4.0 ft | — |
Features
- Other
Property details
Property
- Property type
- condo apartment
- Bedrooms
- 5
- Bathrooms
- 2
- Interior size
- 1,000 sq ft
- Year built
- 16-30
- Possession
- TBD/Flexible
Interior
- Heating
- Forced Air · Gas
- Cooling
- Central Air
- Exposure
- North West
Exterior & services
- Construction
- Brick
Condominium
- Corporation
- 641 WSCC
- Property manager
- CIE Property Management
- Locker
- Ensuite+Common
- Pets
- Yes-with Restrictions
- Fee includes
- Heat Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included
Costs
- List price
- $509,000
- Property taxes
- $3,950 / year (2026)
- Maintenance fee
- $802 / month
- Price per sq ft
- $509
Listing
- MLS® number
- X13575452
- Status
- For sale
- Listed
- July 17, 2026
- Days on market
- 111
- Last updated
- July 17, 2026
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 86% of comparable condo apartment listings in Waterloo are asking less.
$295KMedian $390K$554K
- This home
- $509 / sq ft
- Comparable median
- $500 / sq ft
Based on 95 comparable active condo apartment listings in Waterloo. These are asking prices, not sale prices.
Mortgage estimate
Down payment5.1% · minimum $25,900
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $2,671.14
- Property tax (est.)
- $329.17
- Maintenance fee
- $802.00
- Estimated monthly
- $3,802
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $6,655
- Total due on closing
- $6,655
An estimate on the asking price of $509,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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