Waterloo N2L 3W6 Ontario
MLS: X12725196
Added 7 hours ago | For Sale
Listed by: ROYAL LEPAGE SIGNATURE REALTY
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.
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Living Room | 13 ft, 6 in x 8 ft, 6 in | |
| Kitchen | 16 ft, 9 in x 16 ft | ||
| Bedroom | 13 ft, 1 in x 8 ft, 3 in | ||
| Bedroom 2 | 13 ft, 1 in x 10 ft, 4 in | ||
| Bedroom 3 | 12 ft, 8 in x 12 ft | ||
| Bedroom 4 | 13 ft, 4 in x 10 ft, 2 in | ||
| Bedroom 5 | 13 ft, 9 in x 12 ft, 3 in |
No property rooms available.
