251 Lester St 602
Waterloo, N2L 3W6
FOR SALE
$609,000
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5
BEDROOMS2
BATHROOMS1
KITCHENS8
ROOMSX8267722
MLSIDContact Us
Property Description
*4 Bedroom Vacant Now*, 1238 sf, one of the largest unit on Lester st, 5 bedroom 2 bath, turn-key investment, each room has large windows, 1 bed, mattress, study table and chair. Steps to Waterloo university campus & Laurier. Situated in the heart of the city. Take advantage of the prime rental income potential, surging population growth, and excellent transit options. A must for your long-term investment portfolio!
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Extras
All Kitchen Appliances: Fridge, Stove, Hood Fan, B/I Dishwasher. All Elfs & Window Coverings. Living Room Couch, 2 Arm Chairs, Livinf Room Table, Art Work, Dining Room Table, 4 Chairs.
Nearby Intersections
University & Albert (48)
King & University (112)
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$3,523 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 30.35' x 31.43' | |
| Dining | Main | 91.24' x 36.91' | |
| Kitchen | Main | 91.24' x 36.91' | |
| Foyer | Main | 91.24' x 36.91' | |
| Prim Bdrm | Main | 26.05' x 49.51' | |
| 2nd Br | Main | 29.07' x 40.45' | |
| 3rd Br | Main | 42.52' x 28.94' | |
| 4th Br | Main | 28.74' x 38.75' | |
| 5th Br | Main | 25.49' x 44.65' |
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Waterloo Market Statistics
Waterloo Price Trend
251 Lester St 602 is a 5-bedroom 2-bathroom condo listed for sale at $609,000, which is $0 (0.0%) lower than the average sold price of $609,000 in the last 30 days (April 4 - May 3). During the last 30 days the average sold price for a 5 bedroom condo in Waterloo declined by $0 (0.0%) compared to the previous 30 day period (March 5 - April 3) and down $41,000 (6.3%) from the same time one year ago.Inventory Change
There were 2 5-bedroom condos listed in Waterloo over the last 30 days (April 4 - May 3), which is up 100.0% compared with the previous 30 day period (March 5 - April 3) and down 0.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom condos in Waterloo typically sold ($10,000) (1.6%) below asking price over the last 30 days (April 4 - May 3), which represents a $0 decrease compared to the previous 30 day period (March 5 - April 3) and ($15,000) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom condos in Waterloo over the last 30 days (April 4 - May 3) stood at 50.0%, down from 100.0% over the previous 30 days (March 5 - April 3) and down from 50.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 2-bathroom condo in Waterloo stood at 4 days when successfully sold over the last 30 days (April 4 - May 3), compared to 0 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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