203 - 251 Lester Street Waterloo, Ontario N2L 3W6
$509,000Maintenance, Heat, Common Area Maintenance, Insurance, Water
$781.37 Monthly
Maintenance, Heat, Common Area Maintenance, Insurance, Water
$781.37 MonthlyIncredible turnkey investment in the heart of Waterloo's university district! This purpose-built 5-bedroom, 2-bathroom condo at 251 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 facilities, elevator access, and proximity to transit, shops, and various amenities. (id:49269)
Property Details
| MLS® Number | X13115662 |
| Property Type | Single Family |
| Community Features | Pets Allowed With Restrictions |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Amenities | Storage - Locker |
| Appliances | Dishwasher, Hood Fan, Stove, Refrigerator |
| Basement Type | None |
| Cooling Type | Central Air Conditioning, Ventilation System |
| Exterior Finish | Brick |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,200 - 1,399 Sqft |
| Type | Apartment |
Parking
| No Garage |
Land
| Acreage | No |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Living Room | 2.89 m | 2.81 m | 2.89 m x 2.81 m |
| Main Level | Dining Room | Measurements not available | ||
| Main Level | Kitchen | Measurements not available |
https://www.realtor.ca/real-estate/29738384/203-251-lester-street-waterloo
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May 12 2026 10:16:47
Toronto Regional Real Estate Board
Royal LePage Signature Realty