5 Beds 2 Bath

251 Lester Street 206, Waterloo, ON N2L 3W6

Waterloo N2L 3W6 Ontario

MLS: X12525442

$525,000

Added 4 hours ago | For Sale

Listed by: ROYAL LEPAGE SIGNATURE REALTY

About Property

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.

Features

  • House Style:Condo Apartment
  • Bathrooms:2
  • Land Size:
  • Water:
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:University ave W / Lester St
  • Basement:None , None
  • Possession Date:Flexible
  • Annual Property taxes: $4059
  • Bedrooms:5
  • Total Parking Spaces:0
  • Parking Places:0
  • Heating Type:Forced Air
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12525442

Level Type Features Dimensions
Main Living Room 9 ft, 6 in x 9 ft, 3 in
Dining Room 11 ft, 3 in x 27 ft, 8 in
Kitchen 11 ft, 3 in x 27 ft, 8 in
Foyer 11 ft, 3 in x 27 ft, 8 in
Primary Bedroom 15 ft, 1 in x 7 ft, 9 in
Bedroom 2 12 ft, 3 in x 8 ft, 9 in
Bedroom 3 8 ft, 8 in x 13 ft
Bedroom 4 11 ft, 8 in x 8 ft, 8 in
Bedroom 5 13 ft, 6 in x 7 ft, 8 in

No property rooms available.

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