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401 - 251 Lester Street Waterloo, Ontario N2L 3W6

5 Bedroom 2 Bathroom 1200 - 1399 sqft
Central Air Conditioning, Ventilation System Coil Fan

$509,000

Maintenance, Heat, Common Area Maintenance, Insurance, Water

$802 Monthly

Incredible 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:60365)

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Property Details

MLS® Number X13170540
Property Type Single Family
CommunityFeatures Pets Allowed With Restrictions
Features Laundry- Coin Operated

Building

BathroomTotal 2
BedroomsAboveGround 5
BedroomsTotal 5
Age 16 To 30 Years
Appliances Dishwasher, Hood Fan, Stove, Refrigerator
BasementType None
CoolingType Central Air Conditioning, Ventilation System
ExteriorFinish Concrete
HeatingFuel Natural Gas
HeatingType Coil Fan
SizeInterior 1200 - 1399 Sqft
Type Apartment

Parking

Underground
Garage

Land

Acreage No

https://www.realtor.ca/real-estate/29800934/401-251-lester-street-waterloo

Sumit Taggar
Salesperson

Royal LePage Signature Realty
201-30 Eglinton Ave West
Mississauga, Ontario L5R 3E7

Poonam Taggar
Salesperson

Royal LePage Signature Realty
30 Eglinton Ave W Ste 7
Mississauga, Ontario L5R 3E7

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May 25 2026 05:55:05

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