ON > Waterloo > 417 - Beechwood-University
Waterloo, ON N2L3W6,251 LESTER ST #203
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Waterloo, ON N2L3W6,251 LESTER ST #203
Waterloo, ON N2L3W6,251 LESTER ST #203
Waterloo, ON N2L3W6,251 LESTER ST #203
Waterloo, ON N2L3W6,251 LESTER ST #203
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Elizabeth Chi

Elizabeth Chi

+1(778) 715-9988
$ 529,000
Est. payment /mo
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251 LESTER ST #203 Waterloo, ON N2L3W6

5 Beds

2 Baths

1,389 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 1,389 sqft

Price per Sqft $380

Subdivision 417 - Beechwood/University

MLS® Listing ID 40783717

Bedrooms 5

Condo Fees $781/mo

Property Sub-Type Condo

Source Cornerstone Association of REALTORS®

Property Description

LEASES: ROOM#1 - $900, ending AUG 26, 2027. ROOM#2 - $750, ending AUG 25, 2028. ROOM#3 - $900, ending AUG 26, 2027. ROOM#4 - $850, ending AUG 25, 2026. ROOM#5 - $900, ending AUG 26, 2027. Incredible turnkey investment in the heart of Waterloo's university district! This purpose-built 5-bedroom, 2-bathroom condo at 251 Lester St has the potential to generate over $51,000/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 facilities, elevator access, and proximity to transit, shops, and various amenities. (id:24570)

Location

State ON

Rooms

Kitchen 1.0

Extra Room 1 Main level Measurements not available 4pc Bathroom

Extra Room 2 Main level Measurements not available 4pc Bathroom

Extra Room 3 Main level 13'6'' x 7'8'' Bedroom

Extra Room 4 Main level 11'8'' x 8'8'' Bedroom

Extra Room 5 Main level 8'8'' x 13'0'' Bedroom

Extra Room 6 Main level 12'3'' x 8'9'' Bedroom

Interior

Heating Forced air,

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Others

Ownership Condominium

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Listed by ROYAL LEPAGE SIGNATURE REALTY
Elizabeth Chi

Elizabeth Chi

+1(778) 715-9988

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251 LESTER ST #203