$509,000
251 Lester Street 203, Waterloo, ON N2L 3W6
5 beds2 baths0 parking 1200-1399 ft²
Key facts
- MLS®
- X13115662
- Status
- New
- Type
- Condo Apartment
- Taxes
- $4,356
- Size
- 1200-1399 ft²
- Parking
- 0 total
- Listed
- 2026-05-12
- Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
- Cross street
- University Ave W / Lester St
Description
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.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.