$529,000
3.51 BTC
Photos
251 Lester Street 203, Waterloo
$529,000
PRICE
5
BEDROOMS
2
BATHROOMS
X12485550
MLSID

251 Lester Street 203, Waterloo

Room #1 - , #2 - , ending , #3 - , #4 - , ending, #5 - , ending . 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.
Read Full Description
View Property
Ask a Question

Summary

Address
251 Lester Street 203
MLSID
X12485550
Property Type
Condo Apartment
Property Category
Bedrooms
5
Bathrooms
2
Kitchens
1
Taxes (Annual)
$4,356.03
Tax Year
2025
Published
October 28, 2025
Days on Market
6 Days
Possession Type
Flexible
Possession Details
Flexible
View Property
Ask a Question

Inclusions

Fridge, Stove, Hood Fan, Dishwasher

Exclusions

Tenants Belongings

Details

Bathroom 1
4-Piece Flat Level
Bathroom 2
3-Piece Flat Level
Basement
None
Interior Features
Ventilation System
Parking Features
None
Architectural Style
Apartment
Construction Materials
Brick
Exposure
East
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
View Property
Ask a Question

Similar Listings

Listing Contracted with ROYAL LEPAGE SIGNATURE REALTY
View Property
Ask a Question
View Property
Ask a Question
Appointment Date & Time
Date
Time
Send
Cancel
Thank you for your Inquiry!
Your message has been received, one of our represetatives will be in touch with you shortly.
Close