| Water Included | |
| CAC Included | |
| Common Elements Included | |
| Building Insurance Included | |
| Heat Included |
Featured
Price Change$549,990
204 - 253 Lester Street
, Waterloo
$497,999
Condo Apartment |
5 | 2 | 0 | 0
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.
Extras
No extras listed.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 11-15 |
| Size | 1200-1399 sq. ft. |
| Maintenance Fees | $802 |
| Locker | None |
| Balcony | None |
| Exposure | North East |
| Parking Type | None |
| Parking Spaces | 0 |
| Parking Features | None |
| Property Tax | $3,920 |
| mls© Number | X13126804 |
| Listed By | PROPERTY.CA INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,549
- Property tax
- $327
- Heat allowance
- $150
- Condo fees, half counted
- $401
- Housing costs
- $3,427 / mo
Lenders cap these at 39% of gross income — that sets the number.
Down payment20% · $99,600
25-yr amortization
Income needed
$105,000
gross annual household income
- Payment at 4%
- $2,096 / mo
- Cash down
- $99,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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