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$525,000
Ontario,Waterloo
For Sale Active
206 - 251 LESTER STREET, Waterloo, Ontario N2L3W6
  • 5
  • 2
  • 1200 - 1399Square Feet
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Basic Details
Description

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:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X12525442
  • Price: $525,000
  • Bedrooms: 5
  • Bathrooms: 2
  • Square Footage: 1200 - 1399 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Single Family
  • Office Key: 275784
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: None
  • 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: 4059
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Listing updated: 2026-05-04 17:31:28
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Listing Information
  • List Agent Key: 2045015
  • List Office Key: 275784
  • Modification Timestamp: 2025-11-10T13:11:22Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2025-11-10T12:57:19Z
Powered by REALTOR.ca
Listing updated: 2026-05-04 17:31:28
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