253 Lester St 101
Waterloo, N2L 3W6
FOR SALE
$607,000
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5
BEDROOMS2
BATHROOMS1
KITCHENS8
ROOMSX8065498
MLSIDContact Us
Property Description
1 Year Lease Signed*Fully Tenanted**$4250 Rent Every Month**Prime Location** That's Right, Turn-Key Investment, 5 Bedroom 2 Bath, Spacious Living, Dining & Kitchen, Fully Furnished, Each Room Has Large Windows. Steps To Waterloo University Campus & Laurier. Walking Distance To Shopping, Restaurants, And Many Other Amenities. A Must For Your Long-Term Investment Portfolio!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-10-17 | 2024-02-13 | 119 | $607,000 | - | Terminated |
2023-07-03 | 2023-10-16 | 105 | $609,000 | - | Terminated |
Extras
All Kitchen Appliances: Fridge, Stove, Hood Fan, B/I Dishwasher. All Elfs & Window Covering's
Nearby Intersections
University & Albert (48)
King & University (108)
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Property Details
Street
City
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
1200-1399
Taxes
$3,348 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Waterloo Market Statistics
Waterloo Price Trend
253 Lester St 101 is a 5-bedroom 2-bathroom condo listed for sale at $607,000, which is $2,000 (0.3%) lower than the average sold price of $609,000 in the last 30 days (April 2 - May 1). During the last 30 days the average sold price for a 5 bedroom condo in Waterloo declined by $0 (0.0%) compared to the previous 30 day period (March 3 - April 1) and down $41,000 (6.3%) from the same time one year ago.Inventory Change
There were 2 5-bedroom condos listed in Waterloo over the last 30 days (April 2 - May 1), which is up 100.0% compared with the previous 30 day period (March 3 - April 1) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom condos in Waterloo typically sold ($10,000) (1.6%) below asking price over the last 30 days (April 2 - May 1), which represents a $0 decrease compared to the previous 30 day period (March 3 - April 1) and ($15,000) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom condos in Waterloo over the last 30 days (April 2 - May 1) stood at 50.0%, down from 100.0% over the previous 30 days (March 3 - April 1) and down from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 2-bathroom condo in Waterloo stood at 4 days when successfully sold over the last 30 days (April 2 - May 1), compared to 0 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
Similar Listings
1238 sf, Total Monthly Rent - $4,344.87, one of the largest unit on Lester St, 5 bedrooms 2 bath, fully tenanted, turn-key investment, each room has large windows, 1 bed, mattress, study table and chair. Steps to Waterloo University campus & Laurier. Situated in the heart of the city. Take advantage of the prime rental income potential, surging population growth, and excellent transit options A must for your long-term investment portfolio!
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*4 Bedroom Vacant Now*, 1238 sf, one of the largest unit on Lester st, 5 bedroom 2 bath, turn-key investment, each room has large windows, 1 bed, mattress, study table and chair. Steps to Waterloo university campus & Laurier. Situated in the heart of the city. Take advantage of the prime rental income potential, surging population growth, and excellent transit options. A must for your long-term investment portfolio!
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Attention Investors, **$3750 Rent Every Month**Very Rare To Find A Unit With HUGE Balcony** That's Right, Turn-Key Investment, 5 Bedroom 2 Bath, Spacious Living, Dining & Kitchen, Fully Furnished, Each Room Has Large Windows. Steps To Waterloo University Campus & Laurier. Walking Distance To Shopping, Restaurants, And Many Other Amenities. A Must For Your Long-Term Investment Portfolio!
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