251 Lester St #206, Waterloo, Ontario N2L 3W6
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Highlights
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Price/Sqft$441/sqft
Monthly cost
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+15
Properties sold*
$509K
Median sold price*
*Based on last 30 days
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.
Property Details
Interior
Features
Main Floor
5th Br
4.11 x 2.34Living
2.9 x 2.82Dining
3.43 x 8.43Kitchen
3.43 x 8.43Condo Details
Inclusions
Property History



