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$539,000
Ontario,Waterloo
For Sale Active
304 - 251 LESTER STREET, Waterloo, Ontario N2L3W6
  • 5
  • 2
  • 1,399 Sqft
Contact Seller
1-877-888-3131
Basic Details
Description

Turnkey Investment Opportunity in Waterloo’s University District! Discover this purpose-built 5-bedroom, 2-bathroom condo at 251 Lester St, ideally located just steps from Wilfrid Laurier University and the University of Waterloo. With potential to generate over $49,000 in annual gross rental income and deliver positive monthly cash flow, this property is perfectly positioned for consistent returns. The unit features a spacious

open-concept living area, two full bathrooms, and comes fully furnished for added convenience. Investors can take advantage of professional on-site property management for a truly hands-off experience. Condo fees include heat and water, and the building offers parking, shared laundry, elevator access, and unbeatable proximity to transit, shops, and everyday amenities. Photos have been virtually decluttered. Unit 1: $900, ending Aug. 2027 Unit 2: $900, ending Aug. 2027, Unit 3: Vacant, Unit 4: $850, ending Sept 2026, Unit 5: $750, Month to Month. Detailed Proforma available upon request! (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X12444925
  • Price: $539,000
  • Bedrooms: 5
  • Bathrooms: 2
  • Square Footage: 1,399 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Single Family
  • Office Key: 51317
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Parking: No Garage
  • Exterior Features: Brick
Address Map
  • Location: CA, Ontario, Waterloo, N2L3W6
  • Street: Lester
  • Street Number: 251
  • Street Suffix: Street
  • Longitude: W81° 27' 54.6''
  • Latitude: N43° 28' 24.7''
Additional Information
  • Community Features:
  • Lot Features:
Financial
  • Association Fee: 790.49
  • Association Fee Frequency: Monthly
  • Association Fee Includes:
  • Tax Annual Amount: 3932.04
Powered by REALTOR.ca
Listing updated: 2025-10-05 01:17:16
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Listing Information
  • List Agent Key: 2153292
  • List Office Key: 51317
  • Modification Timestamp: 2025-10-04T15:05:39Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2025-10-04T15:00:09Z
Powered by REALTOR.ca
Listing updated: 2025-10-05 01:17:16

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