251 Lester Street 203

Waterloo, N2L 3W6
FOR SALE
$529,000
251 Lester Street 203, Waterloo
251 Lester Street 203
251 Lester Street 203
251 Lester Street 203
251 Lester Street 203
251 Lester Street 203
251 Lester Street 203
251 Lester Street 203
251 Lester Street 203
251 Lester Street 203
251 Lester Street 203
251 Lester Street 203
251 Lester Street 203
251 Lester Street 203
251 Lester Street 203
251 Lester Street 203
251 Lester Street 203
251 Lester Street 203
251 Lester Street 203
251 Lester Street 203
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5
BEDROOMS
2
BATHROOMS
1
KITCHENS
8
ROOMS
X12485550
MLSID
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Property Description
Incredible turnkey investment in the heart of Waterloo's university district! This 5-bedroom, 2-bathroom condo at 251 Lester St . 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.
Property Features
Ventilation System, None, In Building
Property Details
Address
251 Lester Street 203
Postal Code
N2L 3W6
Property Type
Condo Apartment, Condo Apartment
Taxes
$4,356 (2025
Basement
None
Heat Type
Forced Air
Heat Source
Gas
Parking 1
None
Garage Type
None
Listing contracted with Royal Lepage Signature Realty
251 Lester Street 206, Waterloo
5
BEDS
2
BATHS
$525,000
FOR SALE
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.
261 Lester Street 301, Waterloo
5
BEDS
2
BATHS
$519,000
FOR SALE
Room #1 - $900, ending Apr 30, 2026, #2 - $750, ending Apr 30, 2026, #3 - $750, ending Aug 26, 2026, #4 - $750, ending Apr 30, 2026, #5 - $750, ending Apr 30, 2026. Incredible turnkey investment in the heart of Waterloo's university district! This purpose-built 5-bedroom, 2-bathroom condo at 261 Lester St has the potential to generate close to $50,000/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. Photos are virtually decluttered.
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