401 - 251 Lester Street Waterloo, Ontario N2L 3W6
$509,000Maintenance, Heat, Common Area Maintenance, Insurance, Water
$802 Monthly
Maintenance, Heat, Common Area Maintenance, Insurance, Water
$802 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:56889)
Property Details
| MLS® Number | X13170540 |
| Property Type | Single Family |
| Community Features | Pets Allowed With Restrictions |
| Features | Laundry- Coin Operated |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Age | 16 To 30 Years |
| Appliances | Dishwasher, Hood Fan, Stove, Refrigerator |
| Basement Type | None |
| Cooling Type | Central Air Conditioning, Ventilation System |
| Exterior Finish | Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Coil Fan |
| Size Interior | 1200 - 1399 Sqft |
| Type | Apartment |
Parking
| Underground | |
| Garage |
Land
| Acreage | No |
https://www.realtor.ca/real-estate/29800934/401-251-lester-street-waterloo
Salesperson
(647) 685-5040
https://sumittaggar.recteam.ca/
https://www.facebook.com/realtorpoonamtaggar/?ref=bookmarks
201-30 Eglinton Ave West
Mississauga, Ontario L5R 3E7
(905) 568-2121
(905) 568-2588
30 Eglinton Ave W Ste 7
Mississauga, Ontario L5R 3E7
(905) 568-2121
(905) 568-2588
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May 25 2026 05:55:05
Toronto Real Estate Board
Royal LePage Signature Realty