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206 - 251 Lester Street Waterloo, Ontario N2L 3W6

5 Bedroom 2 Bathroom 1200 - 1399 sqft
Central Air Conditioning Forced Air

$525,000

Maintenance, Heat, Water, Common Area Maintenance, Insurance

$790.49 Monthly

Room #1 - $895, ending Aug 28, 2028, #2 - $895, ending Aug 28, 2028, #3 - $895, ending Aug 28, 2028, #4 - Vacant, #5 - $875, month 2 month. Incredible turnkey investment in the heart of Waterloo's university district! This purpose-built 5-bedroom, 2-bathroom condo at 253 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, elevator access, and proximity to transit, shops, and amenities. (id:60365)

Property Details

MLS® Number X12525442
Property Type Single Family
CommunityFeatures Pets Allowed With Restrictions
Features Laundry- Coin Operated

Building

BathroomTotal 2
BedroomsAboveGround 5
BedroomsTotal 5
Appliances Dishwasher, Hood Fan, Stove, Refrigerator
BasementType None
CoolingType Central Air Conditioning
ExteriorFinish Brick
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 1200 - 1399 Sqft
Type Apartment

Parking

No Garage

Land

Acreage No

Rooms

Level Type Dimensions
Main Level Living Room 2.9 m x 2.82 m
Main Level Dining Room 3.43 m x 8.43 m
Main Level Kitchen 3.43 m x 8.43 m
Main Level Foyer 3.43 m x 8.43 m
Main Level Primary Bedroom 4.6 m x 2.36 m
Main Level Bedroom 2 3.73 m x 2.67 m
Main Level Bedroom 3 2.64 m x 3.96 m
Main Level Bedroom 4 3.56 m x 2.64 m
Main Level Bedroom 5 4.11 m x 2.34 m

https://www.realtor.ca/real-estate/29084142/206-251-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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November 08 2025 05:26:45

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