itso/IMG-40642526_1.jpg
115 days on Market

261 Lester St #504, Waterloo, Ontario N2L 3W6

In the same building:
-
Condo
5
2
~1325 sqft
$584,999
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Condo
5
2
~1325 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$441/sqft

Est. Mortgage$2,512/mo

Maintenance fees$881/mo

Tax Amount (2023)$3,432/yr

Days On Market115 days


Description

This spacious 5-bedroom, 2-washroom condo at 261 Lester Street, Waterloo, is an ideal choice for students, parents seeking accommodation for their children, or investors. Approximately 1350 sq. ft. - this unit offers a perfect blend of comfort and convenience. Three rooms are vacant and ready for immediate move-in, while two are currently leased, providing a great investment opportunity. The rooms generally rent upwards of $850 per month (more or less, depending on the time of the year). The living, dining, and kitchen areas are spacious and well-designed, featuring an L-shaped kitchen that offers plenty of counter space and functionality. This open-concept layout ensures a comfortable living experience, making it perfect for students who need ample space to study and relax. Located just few steps from the University of Waterloo and Wilfrid Laurier University. Close to public transit, shopping, dining, and parks, this condo offers unmatched convenience for students and investors alike. Fully Furnish with 1 Bed, Mattress, Chest Of Drawers, Study Table and Chair and an open Closet in each Room. A Must See For Your Long-Term Investment Portfolio! Each Room Has Large Windows and digital DoorLock Systems. Five Minutes Walk To The University Of Waterloo And Wilfrid Laurier and Conestoga College. For Showing Pls see the Brokerage Remarks. For Entry in the building Please Use the Buzzer Code.


Property Details

Style1 Storey/Apt
View-
Age of property-
SqFt~1325 SqFt
Lot Size-
Parking Spaces-
MLS ®Number40642526
Community NameColumbia
Data SourceITSO
Listing byESTATE #1 REALTY SERVICES INC.

Features

Heating: Natural Gas
Cooling: Central Air

Main Floor

Kitchen/Dining Room

5.03 x 3.89

Living Room

4.27 x 2.67

Bathroom

4-Piece

Bathroom

4-Piece


Features

Sewer (Municipal)

Elevator
Amenities

Elevator(s), Other

Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by ESTATE #1 REALTY SERVICES INC., Brokerage

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Population and Demographics

Overview

Total population 7359
Average household income $71,241

Age (%)

20 to 34
64%
0 to 19
15%
35 to 49
9%
50 to 64
7%
65 and plus
5%

Household composition (%)

Single person
40%
Multi person
32%
Single family
28%
Multi family
0%

Mother tongue (%)

English
56%
Mandarin
17%
Hindi
5%
Others
3%
Punjabi (Panjabi)
3%
Arabic
3%
Gujarati
2%
Spanish
2%
Telugu
1%

House tenancy (%)

Renters
86%
Owners
14%

Schools and amenities

Estimated Budget