251 Lester ST #206 new Save Request In-Person Tour Request Virtual Tour
Waterloo,ON N2L3W6
Key Details
Property Type Single Family Home
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $437
MLS Listing ID X12525442
Bedrooms 5
Condo Fees $790/mo
Property Sub-Type Condo
Source Toronto Regional Real Estate Board
Property 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. (id:24570)
Location
State ON
Rooms
Kitchen 1.0
Extra Room 1 Main level 2.9 m X 2.82 m Living room
Extra Room 2 Main level 3.43 m X 8.43 m Dining room
Extra Room 3 Main level 3.43 m X 8.43 m Kitchen
Extra Room 4 Main level 3.43 m X 8.43 m Foyer
Extra Room 5 Main level 4.6 m X 2.36 m Primary Bedroom
Extra Room 6 Main level 3.73 m X 2.67 m Bedroom 2
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
Community Features Pets Allowed With Restrictions
View Y/N No
Private Pool No
Others
Ownership Condominium/Strata